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The Diversity Bonus : How Great Teams Pay Off in the Knowledge Economy - Scott Page

The Diversity Bonus

How Great Teams Pay Off in the Knowledge Economy

By: Scott Page, Earl Lewis (Introduction by, Editor), Nancy Cantor (Editor, Introduction by)

Paperback | 4 June 2019 | Edition Number 2

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How businesses and other organizations can improve their performance by tapping the power of differences in how people think

What if workforce diversity is more than simply the right thing to do in order to make society more integrated and just? What if diversity can also improve the bottom line of businesses and other organizations facing complex challenges in the knowledge economy? It can. And 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. He presents 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 the book includes a challenging response from Katherine Phillips of the Columbia Business School.

The result changes the way we think about diversity in the workplace--and far beyond it.

Industry Reviews
"If you want your business or team to perform better, read this book. With compelling evidence, examples, and writing, Scott Page makes the business case for drawing out diverse perspectives, and shows you exactly how to do it. A clear road map for every team and leader."-Laszlo Bock, former SVP of People Operations at Google and author of Work Rules!
"Leaders often say that the greatest obstacle to diversifying their organizations is their commitment to `excellence' and `meritocracy.' Scott Page's important book blows that myth out of the water, powerfully demonstrating that diverse teams are better: more creative, productive, and profitable. After this, there is no excuse for making excuses."-Naomi Oreskes, coauthor of Merchants of Doubt
"A powerful way to appreciate the problem with homogeneity."-Tim Harford, Financial Times

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