Entrepreneurship Tip #2: Building Diverse Teams
We asked our Managing Director, Sonali Vijayavargiya to share with us her best advice for entrepreneurs looking to create and build diverse teams. Check out her three tips to improving diversity and culture across your own organization:”
- Research shows that highlighting similarities rather than individual differences, contributes to feelings of inclusivity. Leaders should clearly communicate goals and responsibilities across the team to increase individual ownership. Long-term, this increases team pride and organizational effectiveness.
- Diversity spans far past race and gender. Teams are filled with introverts and extroverts, poets and quants, big-picture thinkers and in-the-weeds executors. Broadcast individual wins and personality traits that add value to the broader team. Diverse teams thrive when they feel empowered.
- Keep it simple. Improving, let alone overhauling, diversity hiring metrics may feel like an aggressive undertaking. Pick one key performance indicator (KPI) that is easy to measure and possible to achieve. Write down 6-month, 12-month, and 18-month goals and track them accordingly.
- “Diversity is the first step in creating innovative teams, inclusion is what unlocks the potential.” – Sonali Vijayavargiya
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