CBS discusses business benefits of diversity, equity, and inclusion initiatives

CBS Saturday Morning co-host Adriana Diaz hosted venture capitalist and author Arian Simone to discuss the business case for diversity, equity, and inclusion (DEI) initiatives, according to Newsbusters.org.

Simone highlighted research from consulting firms like McKinsey that shows diverse teams tend to outperform non-diverse ones, framing DEI as beneficial for business performance.

Simone also shared her personal experience, mentioning she ended a grant program that provided funds to women-of-color-owned small businesses due to legal concerns, but continues to support minority and women-led enterprises.

When asked about future work in DEI, Simone did not provide specific actions but promoted her book, emphasizing that much work remains to be done in this area.