This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/08/01/how-diversity-can-increase-innovation-and-growth-in-your-business/
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by Zeynep Ilgaz, Chief Executive Officer of Confirm BioSciences
It’s no secret that many industries like tech and biopharma have struggled with diversity. In the annual 2017 Fortune 500 listing, including ten ranked biopharmaceutical companies, not one was led by a female CEO or had a female Chairman of the Board.
These companies aren’t just creating a gender gap – they are missing an opportunity to increase innovation and drive business growth by neglecting to deploy greater diversity throughout their organizations.
As CEO of Confirm BioSciences, creating diversity at all levels of the company has been a primary goal. With an almost 50 percent split between male (57%) and female (43%) employees, a diversity of ages of employees, with 30 percent identifying as Asian, 30 percent Hispanic/Latino, 13 percent Caucasian, and 27 percent Other, every aspect of our company’s make-up is diverse.
In our organization, diversity is a key ingredient for better decision-making among teams. We never discriminate in our hiring decisions and we make a concerted effort to bring unique individuals with varied backgrounds and perspectives into the fold. We foster a collaborative work environment where everyone is encouraged to bring ideas to the table and help lead the direction of the company.
Perhaps some of my focus on diversity comes from my own background. I came to the United States in 1998 as a Turkish immigrant with my husband Serhat Pala. We arrived with nothing but two suitcases, a love for each other, and a shared passion for entrepreneurship. My different cultural experiences than many others in the United States as well as being a woman have given me a distinct worldview from many other entrepreneurs.
When my husband and I first conceived the id… Read More
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