B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
19%
19% -- innovation revenue increase due to diversity for teams with above-average diversity (2018)
A 2018 Boston Consulting Group report found that teams with above-average diversity generate 19% higher innovation revenue compared to teams with below-average diversity.
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Lighthouse Research Team
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Evidence graded
Value
19%
Unit
Percentage
Data Vintage
2018
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
50
Citation Chain
20
Independence
30
Methodology
45
Freshness
86
Source
Boston Consulting Group
Primary
Tier A
https://www.itbrew.com/stories/2023/03/15/at-a-roundtable-on-the-black-future-of-tech-diversity-adva… ↗
Source Article
At a roundtable on the Black future of tech, diversity advantages for companies are deep
At a roundtable on the Black future of tech, diversity advantages for companies are deep
A more inclusive workplace leads to more innovation and better financial outcomes, panel says.
• 4 min read
The future of the tech industry is already here for Black professionals—but workers will need help from…
Original Research
Boston Consulting Group
· Original study ↗
Methodology
Boston Consulting Group report
Methodology documented
Segmentation
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Cite this stat
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teams with above-average diversity: 19% innovation revenue increase due to diversity. Source: Boston Consulting Group (2018). Via Lighthouse Intelligence -- https://lighthousedata.io/data/diversity-innovation-revenue-19-percent
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<blockquote cite="https://lighthousedata.io/data/diversity-innovation-revenue-19-percent" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>19%</strong> -- innovation revenue increase due to diversity for teams with above-average diversity<br><small>Source: Boston Consulting Group (2018) · <a href="https://lighthousedata.io/data/diversity-innovation-revenue-19-percent" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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