By offering a platform for the open exchange of ideas, businesses can reap the biggest benefits of diversity in the workplace.A recent study from Forbes echoed this notion, concluding that A multicultural workforce can give an organization an important edge when expanding into new markets.In fact, ethnically diverse companies were shown to be 35% more likely to have financial returns above the national industry median.Cross-cultural understanding, along with local market knowledge, lends itself the production of more effective marketing strategy and materials.Diversity, including diversity of gender, religion, and ethnicity, has been shown to improve retention and reduce the costs associated with employee turnover.
Our mission is to prepare our students to thrive in a fast-paced, unpredictable, and fundamentally international business environment.
A variety of viewpoints along with the wide-ranging personal and professional experience of an international team can offer new perspectives that inspire colleagues to see the workplace—and the world—differently.
Diversity of thought has been shown to breed creativity and drive innovation, helping to solve problems and meet customer needs in new and exciting ways.
For example, high quality and culturally sensitive translations of websites, brochures, and other assets are essential.
But these can be overlooked without the input of a native speaker.
“One of the main reasons I chose Hult was the incredible diversity of students and the international element we possess here.