39. Sarah Liu, The Dream Collective // How Increasing Diversity In Your Business Could Earn You More Money
What happens when you have a group of like-minded people with similar backgrounds and experiences working in your business? You'll end up with all the same solutions to all your problems, and very little space for innovation.
However, take a closer look at the likes of Uber, Netflix and Airbnb, and you'l see that diversity was the crucial ingredient for disruption - in fact, none of their founders were originally from the industries they disrupted in the first place.
This is what our next guest on The Make It Happen Show, Sarah Liu, calls "The Outsider Advantage". When you have a diverse lineup of talent in your business, that diversity will flow into all the areas of your business, resulting in fresh and innovative ideas that you might have never thought of yourself.
Sarah is the Founder of The Dream Collective, a global leadership consultancy for diversity and inclusion. In this interview, she will open up your mind to the power of diversity, no matter where you are in your business journey. This is a must-listen episode, let's dive into it.
Timestamps:
[1:38] The Dream Collective's mission to support women and diversity in the workplace
[3:05] Why women of mid-level positions struggle with their career
[4:13] The reality and differences of women's career progression around the globe
[5:11] The 3 key drivers that hinder women to advance in the professional world
[8:26] What companies can do to diversify women in the workplace
[10:46] The danger and pitfalls unconscious bias can bring to the workplace
[13:31] Steps companies can take for effective and inclusive recruitment strategies
[15:59] How female professionals have been negatively impacted by the pandemic
[18:05] How companies unconsciously fail at diversity inclusion
[20:05] Why you need to stop hiring people like you
[28:02] The benefit of taking a second look at where to add value in the business
[29:19] Why you need to stop thinking the way you did pre-pandemic
[30:29] What Aussie businesses can learn from Japan's work culture
[33:00] The growth mindset every professional needs
[34:35] How to build women leaders in the workplace
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