Diversity & Inclusion Friday news round-up: July 6, 2018
Nothing new – just another study showing that diversity really does pay off. Two researchers from Harvard Business School looked at data from US venture capital firms since 1990 and analyzed their performance and the impact of diversity. Homogenous teams (e.g. partners coming from the same school or sharing the same ethnic background) were up to 30% less successful than diverse teams, and adding female partners made VCs notably more profitable.
On Wednesday, the top court in Hong Kong ruled that same-sex expatriate couples have the same visa rights as heterosexual couples. This was really welcomed by the finance industry (Hong Kong is world’s no. 3 financial center) and will put pressure on the other financial hubs in Asia. Read more here.
The 2018 Special Olympics USA Games are on, and for the first time ever, gamers with disability were able to compete in a video-game tournament. The competition was sponsored by Microsoft’s Xbox division and is part of their initiative to make gaming a more inclusive experience.
Girls in STEM
If you used to play with Barbies as a child (or have children who play with them) you might enjoy this video. Barbies have evolved over the years and Mattel just launched their latest “Career of the Year” doll, a Robotics Engineer who comes with free online coding classes and in 4 different ethnicities.