The Diversity Bonus

Scott Page, Earl Lewis (Introduction by, Editor), Nancy Cantor (Editor, Introduction by), Katherine Phillips (Commentaries by)

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Author
Scott Page, Earl Lewis (Introduction by, Editor), Nancy Cantor (Editor, Introduction by), Katherine Phillips (Commentaries by)
Publish Date
2019-03-26
Subtitle
How Great Teams Pay off in the Knowledge Economy
Book Type
Paperback
Number of Pages
328
Publisher Name
Princeton University Press
ISBN-10
0691191530
ISBN-13
9780691191539
citemno
228329
Edition
2
Subject
Economics
SKU
9780691191539

Description

What if workforce diversity is more than simply the right thing to do in order to make society more integrated and just-- and if diversity can also improve the bottom line of businesses and other organizations facing complex challenges in the knowledge economy? It can. The Diversity Bonus shows how and why. Scott Page, a leading thinker, writer, and speaker whose ideas and advice are sought after by corporations, nonprofits, universities, and governments around the world, makes a clear and compellingly pragmatic case for diversity and inclusion, presenting overwhelming evidence that teams that include different kinds of thinkers outperform homogenous groups on complex tasks, producing what he calls "diversity bonuses." These bonuses include improved problem solving, increased innovation, and more accurate predictions-- all of which lead to better performance and results. Page shows that various types of cognitive diversity-- differences in how people perceive, encode, analyze, and organize the same information and experiences-- are linked to better outcomes. He then describes how these cognitive differences are influenced by other kinds of diversity, including racial and gender differences-- in other words, identity diversity. Identity diversity, therefore, can also produce bonuses. Drawing on research in economics, psychology, computer science, and many other fields, The Diversity Bonus also tells the stories of people and organizations that have tapped the power of diversity to solve complex problems, and includes a challenging response from Katherine Phillips of the Columbia Business School. The paperback edition includes discussion questions.