At Avanta Investment Management Limited, we appreciate the benefits that come from having a diverse and multicultural workforce that brings insight and viewpoints from many areas of the world. We believe that having a diverse workforce brings diverse views and perspectives, which help us develop new products and new ways to cater to customer needs.
It has been found that some of the benefits of diversity include higher revenue, faster innovation, better decision-making, and greater performance levels than non-diverse competitors.
The same is true at the senior management level. It has been shown that there is a statistically significant correlation between diverse leadership and better financial performance. Companies in the top quartile for diversity at the executive level have a 30 percent probability of having above-average profitability than those in the lowest quartile. With gender diversity, companies in the top quartile have over a 20 percent probability of achieving above-average profitability than companies in the lowest quartile, according to research.
At Avanta Investment Management Limited, we believe that having a diverse workforce and actively promoting inclusivity is central to our future success. Increased diversity helps us challenge conventional thinking, inspire creativity and enhance our worldview, personal lives, and the environment in which we work.
Our senior management team is firmly behind our companywide drive to improve the diversity in our workforce.
We have already made significant strides towards becoming a fully diverse and inclusive company, but work is still ongoing. We are helped in this regard by being an international company that naturally attracts ex-pats from different countries because of our location, among other factors.
We offer our workforce opportunities to learn about and improve their understanding of inclusive workplace procedures, including unconscious bias, cross-cultural competencies, and valuing difference.
The whole Avanta Investment Management Limited workforce takes responsibility for improving diversity and inclusion by eliminating prejudice from decision-making and demonstrating inclusive behavior.