Diversity word reflects that an individual with distinctive traits and recognitions. These might be from different dimension of race, norms, culture, gender, values, sexual, social and economic position, beliefs and different ideology.
Benefits
In current situation, organizations are engaged to promote diversity. Because diversity is being directly impacted productivity and profitability. As larger pool of talent is providing, and exponentially rise in competition, diverse people are more creative and innovative. It's a positive point to improve diversity to achieve success.
Downsides
The whole business, brand, product can be destroyed if diversity is being treated improperly. No team work, coordination, corporation can ...