A Hot but Touchy Topic: Diversity

Beverly FlaxingtonBeverly Flaxington is a practice management consultant. She answers questions from advisors facing human resource issues. To submit yours, email us here.

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Dear Bev,

I’m going to ask about a hot topic but also a touchy one: diversity.

I am in favor of diverse teams. I understand different ages, genders, ethnicities and backgrounds working together can make for better decisions. But to implement diversity just for the sake of it can be disruptive to a team that has created a culture where everyone is working together well.

We are an all-female, mixed-age advisory firm. My partner started the firm 16 years ago and we have been fortunate to find advisors, operations staff and client service people who are all women. Different ages, same ethnicity and different backgrounds – educational and socio-economic. My partner is now saying we need to hire “a man of color” to show we are diverse and not opposed to working with people who are different from us.