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As the demographic makeup of the population continues to shift (it is estimated that by 2050 minorities will become the majority of the U.S. population), organizations are increasingly understanding the need for diverse teams and their direct advantages on business.

Statistics show that including varying types of diversity in the business process yields positive results. Because of this, companies with workplace diversity have become celebrated as examples of smart business strategy, while those with largely homogeneous workforces have recently begun to recognize the need to shift for more inclusion.

According to Fortune’s “50 Best Workplaces for Diversity,” these companies have topped the list:

  • Camden Property Trust
  • Texas Health Resources
  • American Savings Bank
  • Ultimate Software
  • Boston Consulting Group
  • Workday
  • World Wide Technology
  • Mountain America Credit Union
  • Build-A-Bear Workshop
  • Hyatt Hotels
  • SAS
  • Quicken Loans
  • The Container Store
  • Havas Media International
  • Baptist Health South Florida
  • Kimley-Horn
  • FactSet Research Systems
  • Credit Acceptance
  • Navy Federal Credit Union

These companies, along with the rest on the list, have the standards of workplace diversity that many organizations are now trying to reach.

In today’s changing society, diversity can no longer be ignored as it boosts a company’s competitive advantage in the workplace. According to a recent Forbes survey, “Of the 321 companies with more than $500 million in revenue surveyed, 85 percent agreed or strongly agreed that diversity is key to driving innovation in the workplace.” Differences in thought processes, as well as varying cultural approaches to problem-solving, are direct advantages of having diverse teams.

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