4 ms·
I imagine the founder is trying to make a successful company. Being that diversity is correlated with financial performance, it makes sense to try to have a div
by rifung 11y ago
I imagine the founder is trying to make a successful company. Being that diversity is correlated with financial performance, it makes sense to try to have a diverse team. On the other hand, you're right in that you can't just throw different people in a room and let them work things out.
- golemotron 11y ago> Being that diversity is correlated with financial performance. Can you back that up?
- rifung 11y agoSure. I imagine Google will easily give you more results but here's one: http://www.mckinsey.com/insights/organization/is_there_a_payoff_from_top-team_diversity http://www.mckinsey.com/insights/organization/is_there_a_pay... As has been said many times before, correlation is not causation though, and other studies have shown that the more females you have, the better a team performs so maybe we dont need diversity and just need more women. I do remember reading other articles about the benefits of racial diversity as well but I'm sure you won't have trouble finding them.
- deleted 11y ago[deleted]
- kelukelugames 11y agoI value diversity. A lot. But I dislike the studies that suggest diversity improves financial performance, because I find the conclusions are too politically convenient. Most of the ones I read suggest a sketchy correlation at best. Yet people talk as if it's as conclusive as global warming. Yes, the diversity of founders can be the reason for a startup's success. There are also many examples where it wasn't needed: Apple, Microsoft, Samsung.