If you’re a Startup Founder, CPO, CEO or its likely that you’ll be starting to think about your hiring plans for 2025.
So, as you start to put these plans into place, we’re here to remind you that hiring diversely right from the very start, is going to super important to your overall success!
A study by the Harvard Business Review revealed that organisations with diversity are 70% more likely to capture a new market. So, broadening your hiring strategy to be more inclusive could actually drive your startup towards untapped target audiences, giving you a competitive edge!
Why? Because having diverse members in your founding team can encourage different ways of thinking and in the tech world, a variety of perspectives is the absolute key to staying ahead.
A McKinsey report found that companies with ethnic and gender diversity are, respectively, 35% and 15% more likely to outperform their competitors, really clearly showing correlation between diversity and success.
But don’t just add, include!
Because whilst adding diverse members to your team is crucial, inclusion is just as important. Creating an environment where each member feels heard and valued will significantly improve your team’s productivity.
Here are a few simple principles to foster inclusion:
- Encourage open dialogue and active listening
- Provide opportunities for all members to lead and shine
- Empower each individual, helping them to feel comfortable, valued and motivated to contribute
- Conveying Your Values
Including diversity in your initial hires makes a strong statement. It sends a clear message to potential investors, clients, and future hires about your company values. It shows that you’re progressive, forward-thinking and prepared for commercial success by using your diverse team to drive innovation.
Remember, you are the talent that you attract.
By creating a diverse and inclusive start-up team, you’re setting your business up for robust, innovative growth. Diversity is undoubtedly worth taking into consideration right from the start.
So, what are you waiting for? It’s time to dive into the pools of diverse talent out there and shape the future of your business!