Project teams that lack diversity may be hindering not only project outcomes, but overall return on investment (ROI). According to the Project Management Institute (PMI)’s 2020 Pulse of the Profession research, 27% of surveyed companies plan to put diversity and inclusion (D&I) initiatives on hold — a mistake, PMI suggests, because 88% of project professionals believe having culturally and gender diverse project teams increases value.
This disconnect between project professionals and organizational strategies comes as Millennials and Generation X have become the two largest generations in the workforce, both of which predominantly believe workplace diversity is important to them.
