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Driving Innovation Through Diversity

Written by Jamie McCrary | May 11, 2022

 

In today’s business environment, diversity, equity, and inclusion (DEI) is a core practice driving cultural change—and business success. A recent study by McKinsey & Company revealed companies in the top quartile for ethnic and cultural diversity are 36 percent more profitable than the least diverse. Businesses with high gender diversity outperform less diverse companies by nearly 50 percent.

Kogod alumna Kimberly Loving is not surprised. As a DEI-driven executive leader, Loving knows the power of diversity to drive profit—and inspire innovation.

“If there's only one homogenous group in the room, you’ll develop a limited solution,” says Loving.