March 28, 2017
Diversity has been an important topic of conversation in the world of tech, business, and general society and has generated a lot of progress as well as ample concern for how diversity is being addressed in the workplace.
In the world of tech, we’ve seen quite a few strides in trying to make diversity a reality. There have been panels and events dedicated to empowering entrepreneurs and businesspeople of color, like Blacktech Week, founded by Felicia Hatcher.
In an interview with Tech.Co, Hatcher says the problem of diversity can become a solution for businesses trying to innovate:
“Diverse groups dictate culture, and people need to understand the value that diverse groups bring into innovation.”
A research study by McKinsey and Company substantiates this idea, showing that businesses are more likely to get 35 percent more financial returns than average with a diverse work environment. However, Uber didn’t get the message. The ride-sharing company just recently released their diversity report and it doesn’t look too flattering for diversity success.
According to the report, female employees make up 36.1 percent of total employees and 15.4 percent in tech. Black employees make up 8.8 percent overall and 1 percent in tech. Hispanic employees make up 5.6 percent overall and 2.1 percent in tech.
With figures like these, it’s clear that there is room for progress. Uber even admits to it in the report:
“Uber is a data-driven company, and we can’t improve what we don’t measure. The data we’re publishing today is a critical first step towards making Uber a more diverse and inclusive workplace. By being transparent about what we look like today, we can start to change how we look tomorrow. So here’s where we are”
As the conversation of diversity keeps moving forward and coming to the forefront of what makes a business innovative and successful, companies like Uber will have to put their money where their mouth is and enhance this aspect of their company. In terms of Uber’s self-interest, they might see an increase in profits if they continue to incorporate diversity. If they don’t, it’ll just seem like plain bad business.
Read more about diversity here at Tech.Co
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