What does diversity mean to you? You may think about gender, race, ethnicity, perhaps sexual orientation. Would you consider age? Most organizations don’t – to their detriment.
Only eight per cent of Fortune 1000 companies have added age as a metric to consider when thinking about whether they’re a diverse workplace, according to Chip Conley, the American hospitality entrepreneur and author of Wisdom @ Work.
Yet age diversity is just like any other type of diversity – employees from different generations bring different skills, experiences, and viewpoints to the table, helping to increase innovation and creative problem-solving.
Research from Germany on age-diverse workplaces has found that if you have only young people on a team, they make decisions quickly and make more mistakes, while older people take a longer time but make fewer mistakes. If you combine the two, you’ll get much better results. This is because younger and older brains work quite differently.…