All good employers want to nurture a diverse workforce. Not only is there a need to meet standard diversity quotas, it’s well recognised that diversity in the workplace is good for business. Numerous experts, including McKinsey & co, point to the fact that diversity promotes innovation, faster problem-solving, better decision-making, reduced employee turnover and improved hiring results, among other benefits.
But how can you measure the extent of diversity within your organisation today? And how can you approach measuring your progress in creating a more diverse place to work?
These questions and more can be answered through the collation of good data. High quality data gives you the insight and evidence you need to measure and improve diversity within your workplace.
Arguably the most powerful data management tool for HR teams today is Dynamics 365 for Talent part of the Dynamics 365 suite. When properly configured, Dynamics 365 for Talent acts as your central resource on all information about your employees. From a diversity point of view, its value lies in the ability to generate specific reports in real-time, giving you the accurate, up-to-date information you need to plug gaps and measure results.
Dynamics 365 for Talent gives you: