Our clients have diverse problems, and diverse problems require creative solutions. Our diversity enables us to receive input from the widest range of perspectives, encouraging creativity and leading to innovative solutions. 

Diversity has been one of Treaty‘s greatest strengths, and we encourage other companies to embrace diversity too. It’s not only good for your community, but it’s also good for your business. Diversity in business has been consistently linked to stronger performance, greater innovation, and improved decision-making. 

1. Increased Financial Performance

Diverse companies tend to outperform their peers financially.

• A 2023 McKinsey & Company report found that companies in the top quartile for gender diversity on executive teams were 39% more likely to outperform those in the bottom quartile on profitability¹.
• Ethnic and cultural diversity also showed a positive correlation, with the most diverse companies outperforming by 36% in profitability.

2. Enhanced Innovation

Diversity fuels innovation by bringing together different perspectives and experiences.

• A Boston Consulting Group (BCG) study of 1,700 companies in eight countries found that companies with more diverse management teams had 19% higher innovation revenue (i.e., revenue from new products/services introduced in the last three years)².

3. Better Decision-Making

Diverse teams make better decisions, more often.

• Research published in Harvard Business Review found that diverse teams outperformed individual decision-makers up to 87% of the time and were faster to implement decisions³.

4. Improved Talent Attraction and Retention

Diversity and inclusion improve employee satisfaction and reduce turnover.

• Glassdoor reports that 76% of job seekers and employees consider a diverse workforce important when evaluating companies and job offers⁴.

5. Stronger Market Understanding

A diverse workforce better understands and serves diverse markets.

• According to Deloitte, inclusive teams are 2 times more likely to meet or exceed financial targets and 6 times more likely to be innovative and agile⁵.

Sources

1. McKinsey & Company, Diversity Matters Even More, January 2023.
2. Boston Consulting Group, How Diverse Leadership Teams Boost Innovation, January 2018.
3. Rock, D. & Grant, H. (2016). Why Diverse Teams Are Smarter, Harvard Business Review.
4. Glassdoor, What Job Seekers Really Think About Your Diversity and Inclusion Stats, 2020.
5. Deloitte, The Diversity and Inclusion Revolution, 2018.

The people at Treaty include:

•33% Women 

•Multicultural Team from 4 Continents (Africa, Europe, South America, Asia and North America

•LGBTQI+ Representation 

•Neurodivergence