Does hiring talent based on cultural fit and shared values automatically lead to high performance? Or is a diverse workforce the best way to impact the bottom line? In a panel discussion with hiring managers from Pernod Ricard, Robert Walters explored these questions.
Based on our industry knowledge and recent research, findings are:
Diversity and culture fit = winning combination
Often hiring managers have a tendency to hire people who are like-minded and see cultural fit as a main priority when hiring employees. Although cultural fit is the glue that holds an organisation together, diversity in the people an organisation hires should have an equal weighting. Together diversity and culture fit are the winning combination for creating high performing teams.
A diverse, culturally fit team will benefit the bottom line
Creating a team that is made up of diverse individuals across different genders, generations and skill background will not only create a high performing workforce, but it’s proven to have a positive impact on the bottom line. Diversifying project teams, in particular, prevent people from working in silos and encourage integration within wider teams, driving innovation for the company.
Hiring managers should put equal weighting on diversity an culture fit to get the best business outcomes.
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