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<v Woman>Innovation will be really critical</v>

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to win in the 20s.

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There will be more change,

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unprecedented change, in the next decade.

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And I believe diversity is absolutely key.

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Our research actually shows that

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companies with diverse pools of talent,

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especially at the senior levels,

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innovate better.

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In fact, there's almost a 20 point difference

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in terms of the level of innovation revenue

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a company with diversity at the top has

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versus those that don't.

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So, for the longest time, diversity in my mind

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has been a moral imperative.

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It's become kind of obvious too, I think,

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that it's a business imperative.

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Our research says that companies

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that have multi-dimensional diversity,

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actually out perform those that don't,

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in terms of their rate and level of innovation revenue.

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<v Man>Winners of the next decade</v>

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will be marked by innovative capabilities

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but they'll need more than that.

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Organizations need to develop their resilience muscle,

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in order to embrace failure,

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to learn from it,

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and then pivot and grow.

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And when a company can respond to change,

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external shocks, or complex environments,

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with a range of perspectives it has established for itself,

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a foundation of resilience, allowing businesses

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to constantly innovate and reinvent themselves.

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<v Woman>Three pieces of advice I would offer CEOs</v>

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who are seeking to create more diversity

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in their organizations,

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the first one is to really think through

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what it means to have an inclusive workplace.

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Hitting the number, the diversity number,

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the compositional number,

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in terms of diversity, isn't enough.

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Those people that you welcome into the company

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have to feel they are part of a community

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where there's open communication

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to talk about differences,

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where there's an open culture that embraces differences,

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and clear and fair and transparent work practices.

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<v Man>Second, business leaders</v>

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shouldn't become less affair about progress.

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Just because numbers start to improve

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and first signs of success are visible,

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doesn't mean the job is done.

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<v Woman>The third piece of advice I would have,</v>

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is to make sure diversity is right in the middle

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of your war for talent strategy.

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In the decade to come, the labor pools will shrink.

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In fact, most major economies will have a talent shortage.

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And to ensure that you are looking everywhere

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to get the best and the brightest,

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diversity will be key.

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And those companies that look for diversity,

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will win the war for talent.

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And those that won't, will be left behind.