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What is the relationship of diversity to organizational innovation?InsignificantStatistically significantAmbivalentProven

Question

What is the relationship of diversity to organizational innovation?

  • Insignificant
  • Statistically significant
  • Ambivalent
  • Proven
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Solution

The relationship between diversity and organizational innovation is statistically significant. Here's a step-by-step explanation:

  1. Diversity in an organization refers to the presence of different characteristics among its members, such as age, gender, ethnicity, education, skills, and experiences.

  2. Organizational innovation refers to the process of implementing new ideas, creating dynamic products, or improving existing services within an organization.

  3. Research has shown that diversity can drive innovation. Diverse teams bring in a variety of perspectives, ideas, and experiences, which can lead to creative problem-solving and innovative solutions.

  4. A study published in the Harvard Business Review found that companies with higher diversity scores reported a greater proportion of total revenues coming from innovations.

  5. Therefore, the relationship between diversity and organizational innovation is statistically significant. Diverse organizations are more likely to be innovative.

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