Teams with acquired diversity have a wide range of perspectives and skills, which can enhance performance and innovation. A study showed that gender-balanced teams outperform those with a majority of one gender. However, without proper management, diversity can also lead to challenges.
Teams with acquired diversity feature a range of skills, perspectives, and experiences stemming from their diverse backgrounds, which include differences in gender, ethnicity, age, and educational backgrounds. Acquired diversity can be an asset for organizations, providing a collection of viewpoints and expertise that can lead to better decision-making and innovation. However, if not managed properly, it can also lead to communication challenges, conflicts, and conformity effects that may hinder a team's performance. The balance in diversity, specifically in terms of gender mix, has been shown to affect team performance positively, as seen in the study conducted by Hoogendoorn, Oosterbeek, and van Praag (2013), which concluded that gender-balanced teams typically perform better than those lacking balance.
It is important for organizations to understand that while hiring for 'fit' may seem to maintain a cohesive culture, it can also suppress new ideas and growth by creating a homogeneous environment. Therefore, embracing diversity not just in gender but also in the broader sense, can be beneficial. This approach can contribute to a more innovative and resilient organizational culture capable of adapting to the dynamic ch of the market.