GITNUX MARKETDATA REPORT 2024
Diversity In The Mro Industry Statistics
Diversity in the MRO industry statistics highlights the need for increased representation and inclusion of marginalized groups in the workforce to drive innovation and competitiveness.
In this post, we explore the significant impact of diversity within the MRO industry by examining various compelling statistics. Companies with diverse management teams have been shown to outperform their counterparts in terms of innovation revenue and financial returns, highlighting the importance of inclusivity in today’s competitive business landscape. Let’s delve into the data and uncover the tangible benefits that diversity brings to the forefront of the industry.
Statistic 1
"Companies with above-average diversity on management teams reported innovation revenue that was 19% higher."
Statistic 2
"Ethnically diverse companies are 35% more likely to earn above-average revenue."
Statistic 3
"Companies with the highest racial and ethnic diversity are 35% more likely to have financial returns above national industry medians."
Statistic 4
"Gender diverse companies are 15% more likely to have better financial returns."
Statistic 5
"Diverse teams make better decisions 87% of the time."
Statistic 6
"Companies in the top quartile for gender diversity on their executive teams were 21% more likely to have above-average profitability."
Statistic 7
"Companies in the top quartile for ethnic diversity on their executive teams were 33% more likely to have industry-leading profitability."
Statistic 8
"Female representation on boards of directors is only 24% in North America."
Sources
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