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According to the Center for American Progress, workplace discrimination costs businesses approximately $64 billion annually. Hostile work environments also negatively impact productivity, contribute to high turnover, and harm a company’s reputation. And it’s not just harassment. According to McKinsey, unconscious bias is a 12 trillion-dollar issue, which means we could add $12 trillion to the global GDP by 2025 by ‘simply’ advancing gender parity and diversity in the workplace. Inclusive companies outperform industry standards by 35%, generate 2.3 times more cash flow per employee, and produce 1.4 times more revenue. Evidently, diversity pays in money, innovation, decision making, and recruitment.
VR is an exceptionally effective tool for perspective taking for empathy and driving behavior change. It can change the game for Learning and Development. We create fully interactive simulations in immersive VR with 3D humans and focus on social situations to highlight things such as unconscious bias, discrimination, and how to have good conversations.