League City Regional Chamber of Commerce has Moved to a New Location!
100 Perkins Avenue, Ste B2, League City, TX 77573
Your League City Regional Chamber of Commerce has lived with this philosophy for over a year now, and for good reason. We truly believe we are stronger together, and such a philosophy reveals the many values that we hold dear to us and plan to embrace for the new year. In our belief of being Stronger Together, one of the primary values is our commitment to diversity and inclusion.
In recent years, more and more businesses and organizations have begun to make diversity and inclusion a greater priority in their organization, but at the same time many question the need and importance for diversity and inclusion.
As an organization dedicated to prosperity in business and life, diversity and inclusivity is vital to your League City Regional Chamber of Commerce and something your chamber works to advocate for everyday.
Our president Dewan Clayborn knows this all too well.
“As the president of the organization dedicated to economic and business prosperity, both my staff, board and myself want to create a business community that is friendly to people of all walks of life,” Clayborn says. “By making League City and its surrounding regions a place that welcomes those of all walks of life, it will increase the amount of people who will see our region as a place to relocate and start businesses, thus creating jobs, furthering economic development and thus improving the quality of life.”
Today, more businesses and organizations have realized the benefits of diversity and inclusion in the workplace. An inclusive work environment allows each employee to bring their own brand of thought to the table, creating a more innovative, positive environment and a broader, global perspective. This will of course lead to a stronger environment and a more profitable company.
A Workhuman report showed the benefits of when employees feel included, accepted, and belong at work. These included higher employee engagement, higher productivity, reduced conflict and improved relationships, higher levels of learning and performance, reduced stress, increased resilience and trust, better health, happier, more productive employees and greater commitment.
A McKinsey & Company report noted the following:
“Companies in the top-quartile for ethnic/cultural diversity on executive teams were 33% more likely to have industry-leading profitability. That this relationship continues to be strong suggests that inclusion of highly diverse individuals – and the myriad ways in which diversity exists beyond gender (e.g., LGBTQ+, age/generation, international experience) – can be a key differentiator among companies.”
The report went on to say that companies in the bottom quartile for both gender and ethnic/cultural diversity were 29% less likely to achieve above-average profitability compared to companies with higher diversity.
The United States Chamber of Commerce themselves have noted that the American economy stands to gain $8 trillion by 2050 simply by closing the racial equity gap and “businesses that recognize and embrace the value of inclusion consistently perform better across multiple financial metrics.”
Research has also shown a strong correlation between diversity in leadership and quarterly earnings, including how for every 10% increase in racial and ethnic diversity on a company’s senior executive team, earnings before interest and taxes rise 0.8%.
These are just a few reasons diversity and inclusion are vital to success in this day and age
In a day and age in which the world has never been more interconnected, it cannot be understated how important it is to embrace diversity and inclusivity. It is through economic and business prosperity that the overall quality of life in our communities can be high. Therefore, when we embrace those from all walks of life and make everyone feel included, we can increase the success of so many in our region.
Your chamber believes and knows that we are stronger together, and embracing and advocating diversity and inclusion helps us ensure that, and your chamber is just getting started as we make League City a place for people of all walks of life.
Check out your chamber’s upcoming Bias Awareness Luncheon, in which one of our members will be discussing implicit bias in the workplace and how to overcome it for the sake of being Stronger Together!