GPI: Understanding the Effects of Diversity and Inclusion on Organizations

Diversity is a broad and extremely timely topic in today’s environment. A conversation regarding diversity within an organization is worth having because significant research shows that it has a tangible impact on both workplace productivity and organizational value. In contrast, a lack of diversity is an organizational risk as relevant as any other risk worth being recognized by an internal audit activity. According to the International Professional Practices Framework (IPPF), it is internal audit’s mission “to enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight.” This edition of Global Perspectives and Insights sheds lights on how diversity impacts the workplace and affects productivity and organizational value. It will also explain why internal audit should be an advocate for diversity in all its forms within both its own activity and the organization as a whole.  

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