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JD Miller on te cover of The Startup with the callout "50% of your LGBRQ Employees aren't out at work, and it's hurting your business."

The Economic and Human Cost of the Corporate Closet

Full original article: The Startup

Executive Summary

In my experience as a technology executive and private equity advisor, I have seen that the most sophisticated organizations understand a fundamental truth: human capital is a company’s most volatile yet valuable asset.

 

However, despite legal advancements, nearly half of LGBTQ professionals remain closeted at work - including those at the higest excutive levels..

 

This isn't just a failure of culture; it is a drag on performance. When half of a specific demographic feels the need to self-censor, the enterprise loses the cognitive diversity required to solve complex problems.

 

The core of my argument in this article is that "professionalism" has often been used as a proxy for homogeneity, which stifles the very innovation that diverse teams provide.

 

We see this through micro-aggressions and "well-meaning" exclusions that force high-performers to divert mental energy away from their roles and toward identity management. This is a direct hit to productivity and retention.

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