On the Use of the Coefficient of Variation as a Measure of Diversity

The coefficient of variation (V) is a statistical measure commonly used for comparing diversity in work groups. It has been employed by organizational researchers to index the relative internal variability of top-management teams, task groups, boards of directors, departments, and other social aggregates on numerous dimensions. Commenting on its widespread application, this article reviews cautions and pitfalls associated with its use for this purpose. Research implications associated with using V are also discussed.