The importance of diversity in construction
The construction industry is embracing an important shift, with diversity and inclusion recognised as key drivers of growth, innovation, and resilience. A more inclusive workforce unlocks the benefits of a broader talent pool, bringing fresh perspectives to tackle challenges and deliver future success.
The advantages of diversity are compelling. Research by McKinsey reveals that companies with greater racial diversity are 36% more likely to outperform their peers. In construction, diversity helps bridge skills gaps, fosters innovation, and enhances problem-solving—essential qualities in addressing the sector's recruitment needs. Diverse teams also design projects that better serve and reflect the communities they’re built for.
Inclusion positively impacts productivity and decision-making. Studies show that diverse teams are more effective and innovative, leading to stronger project outcomes and financial performance. For instance, Deloitte found that inclusive teams are twice as likely to meet financial goals. In construction, this translates to more sustainable practices, efficient solutions, and cost-effective approaches, benefitting both projects and teams.
A workforce enriched by varied genders, cultures, and backgrounds fosters innovation, improves resilience, and positions the construction industry to thrive in a competitive and evolving marketplace. Diversity is not just about representation—it’s a strategic advantage that equips the sector to better meet the needs of the people and communities it serves.
If you want to work with a specialist consultant that understands the importance of building a diverse team, drop me an email: ashley.talbott@peoplegroup.com