Are diverse sales organizations more effective?
The short answer is a resounding “yes.”
The longer answer can be found in the new Forrester Consulting study commissioned by LinkedIn: “Diversity Drives Sales Success: The Link Between Successful Sales Teams and Diversity, Equity and Inclusion.”
Firms with leading DEI practices stand out in the following ways:
Higher sales forecasts:
Sales organizations leading the way in diversity say their team’s revenue is expected to increase 9% between 2020 and 2021. Lagging sales teams expect just a 6% increase.
Higher sales attainment:
Sales teams with leading DEI practices have reached 43% sales attainment so far in 2021. Meanwhile, lagging DEI teams have reached just 31%.
Higher conversion rates:
Sales teams with leading DEI practices boast an average lead-to-opportunity conversion rate of 54%. Lagging DEI sales teams have a conversion rate of just 26%.
Higher customer satisfaction:
Finally, sales organizations with leading DEI practices say their customer satisfaction scores have increased 24%. At the same time, lagging sales organizations reported an increase of just 17%.
Examine your own sales organization's commitment to DEI with this interactive diversity assessment tool.
Gabe Villamizar,
Marketing and Sales Leader
at Lucid
"If you had to choose a single B2B sales/marketing thought leadership paper to read and digest in 2021, make this one be the one!"
Discover why making your sales organization more diverse is more than just the right thing to do. It’s the right thing to do for your business.