“Innovative companies are taken to be those with fresher product portfolios, and unsurprisingly they turned out to be more profitable, too. We found that indeed there is a statistically significant relationship between diversity and innovation outcomes in all countries examined.”
Harvard Business Review, 2018
Across industries, around the world, the data is proving that increased diversity results in greater innovation and greater innovation leads to better financial performance. It’s no longer a theory; diversity leads to profitability. And, beyond that, it also leads to greater resilience.
Companies that foster diversity have better financials and are better able to withstand normal economic vagaries and large-scale catastrophes, like the global pandemic.
As a diverse supplier OSI fosters this idea everywhere; in our business approach, in our business strategy, and in our day-to-day operations. Beyond believing in the multiplier effect, we see it work every day. One of our primary goals is to improve the performance of every company we touch, and as part of that commitment we encourage all of our clients, partners, and suppliers to take the Multiplier Effect Pledge.
Diversity starts with people, but its power goes well beyond that. When diversity means the acceptance of myriad ideas, perspectives, attitudes, thinking, cultures, and beliefs, the multiplier effect becomes exponential. We see it this way; the more companies are genuinely inclusive everywhere, the better they perform, the more resilient they are, and the greater their ability to serve global markets. We call it diversity everywhere.
As a supplier to the global technology industry, we are intensely focused on positive results. That focus has taught us a simple truth: diversity everywhere creates better outcomes.
Global technology companies staffed by diverse teams creates a better future for all of us.
Innovative companies are taken to be those with fresher product portfolios, and unsurprisingly they turned out to be more profitable, too. We found that indeed there was a statistically significant relationship between diversity and innovation outcomes in all countries examined.
Our business is people: people with different ideas, unique experiences, and perspectives who are empowered to engage new ways to think and foster creativity. We believe diversity in people allows us to succeed, perform our best, and be happy. Company cultures that promote diversity and inclusion flourish with innovation, new possibilities, and enable great business growth. After all, in the technology industry we are creating products for the global market; doesn’t it make sense to have a diverse community create them?
We create inclusive and equitable environments where all employees feel valued and respected, whatever their gender, race, ethnicity, national origin, age, sexual orientation or identity, education or disability. We are committed to a nondiscriminatory approach and provide equal opportunity for employment and advancement across the company. This is why every day we work to ensure all voices are valued and heard. When our people and our company cultures are diverse and inclusive, we thrive and deliver our best service to the community, the business world, and to every individual in it.
As protests spread across the world against police brutality, systemic racism, and injustice, this is a great time for our community to reflect on what we can do to empower Black lives and all people of color within our communities and within our world. In order to accomplish this, we must be more than “not racist;” everyone must fight to be actively anti-racist. It’s easy to think, “oh, it’s systemic, so there is nothing I can personally do about it,” but that’s just not true. The answer, we believe, is for every one of us, individually, to be more aware of how the “systemic” racism affects us in our day-to-day interactions with people, all people.
If each and every one of us refused to participate in the “system,” Social Justice would predominate almost immediately.
We can make that happen. Let’s remember, we the people made the system, not the other way around.
As mentioned above, we ask that every person in every company we touch take the The Multiplier Effect Pledge to sponsor one person different from them. Mentor the next generation and challenge peers to do the same. We do it and, while it might take some time from our busy schedules, it’s for the greater good and that creates more opportunity our own company. We know that OSI’s success will be exponentially increased if, by achieving it, we improve the world we all live in.
Be the change you want to see in the world.