Diversity, Diversity And Inclusion Are Common Design Elements

For the successful execution in innovation, diversity and inclusion are common design elements in five theories: absorptive capacity, actor-network, agency, attachment, and attribution theories. Through these five theories, I would like to share my thoughts about why diversity and inclusion are common elements in five theories, which make a huge difference in innovation. Here are the details: Absorptive capacity supports diversity and inclusion that recognizes the value of new knowledge, assimilates it, and uses it toward achieving innovation. In order to be innovative, we need to help our team better absorb and use new knowledge to accomplish our innovative goals. Through diversity, absorptive capacity greatly impacts the ideas of technological change, which grows a company’s profitability. For example, 70% of Google’s engineers are Black or Asian American. This diversity led it to the No. 1 market share holder in the IT Software industry, by achieving one of the highest profitabilities. In absorptive capacity, diversity increases new business opportunities that come from diverse people. A diverse approach using absorptive capacity has both positive and negative effects. It increases numbers of new ideas. At the same, it takes a long time to communicate, understand, and trust each other in a team. Staying within a comfort zone is easy and does not take time because we are used to doing that, without thinking. It takes courage to try something new, and change does notShow MoreRelatedDiversity And Inclusion Of An Organization1204 Words   |  5 Pagessurvey, 24 executives were asked way advancing diversity in their organizations was so important to them. 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