A sunny day. People walk across Circular Quay park. An inflatable tiger is lying down. Tall buildings of Sydney CBD in the far background

Social Science Quote of the Week: Diversity

This week’s Social Science Quote comes from Sociology Professor Martin Ruef.

Ruef has studied why some small businesses succeed while others fail. Looking at historical data, he finds that two variables matter most to business success: social support and diversity. Diversity can include cultural, occupational or socio-economic differences. The crucial point is knowing how to manage and resolve conflict.

There are many benefits to diversity in established firms – different mindsets, different ideas. – Professor Martin Ruef, sociologist

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Pencil drawing of a diverse team sitting at a picnic table outdoors, some wearing blue tshirts, others red. An Asian man stands, holding a sign that says: Motivation, discipline, effort, input. Quote from Martin Ruef: "There are many benefits to diversity"

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