The gap in the market for success once having diversified a workforce has become quite clear, however, the details of this diversity are endless.  The Financial Services industry has come a long way in recognising the importance and fruitful consequence of actively encouraging a diverse working culture - whether this is concerning culture, nationality, gender, beliefs (the list goes on). However, what about favouritism and nepotism? 

These two archaic tendencies are yet to be addressed fully in the uphill battle towards a truly diverse and thriving culture. Not only does favouritism breed contempt in a workplace, but it also results in the stagnation of productivity from a company level perspective. This comes as a result of the favoured individual being given an unprecedented advantage, leaving individuals with possibly greater talent going unrecognised. Throughout the financial services industry, companies which have achieved a greater level of diversity, and which are led by individuals who keep diversity at the forefront of their minds have achieved a far more collaborative, efficient and profitable environment.

When attempting change across any level of diversity, it is evident that this comes from the top down. Those who have the authority and ability to make an unbiased choice of the best candidate for any given post leads to a firm functioning at its best. Therefore, removing these inherent biases from the agenda result in a working culture with greater diversity and prosperity.