How diverse is your organization?
How inclusive is your organization?
How committed is your organization to nurturing a culture of diversity and inclusion?
Do you believe in the financial benefits of an authentic culture of diversity, equity and inclusion?
Daily Shake Up No. 945 highlights three things related to cultures of diversity, equity and inclusion:
1. The financial benefits of having an authentic culture of diversity, equity and inclusion;
2. The importance of authentically embracing a culture of diversity, equity and inclusion (versus checking a box with a DEI policy);
3. The reality of resistance to authentically embracing and nurturing cultures of diversity, equity and inclusion.
There’s mountains of evidence that diverse and inclusive workplaces win, but there’s diminishing numbers of organizations committed to building diverse and inclusive workplaces. What’s the miss? If we know DEI wins, then why are we choosing to lose by not committing to DEI?
Is it too hard? Is it too uncomfortable? Is it too different? Is it too controversial? Is it too innovative?
My guess is we all know that innovation wins in business, and diversity, equity and inclusion is the innovation with the greatest ROI (financial, personal, relational and cultural).
Impactful leadership is about embracing the discomfort in order to innovate, especially when it comes to your people, and diversity, equity and inclusion is the pot of gold of innovation.
#SnowGlobeLeadership#NischwitzGroup#SnowGlobeLiving#Leadership#DEI#Diversity#Inclusion#Culture
Good morning it is Tuesday, September 3rd, 2024 back here for daily Shake up number 945. Hope everyone had a wonderful Labor Day weekend and starting off the week I want to talk about one of the most important not just topics, but. Cultural shifts we can make in our organizations and one that we are woefully inadequate with, frankly. And there's a lot of reasons we're going to touch on a couple here in the next moment or two. It's diversity, equity, inclusion in the workplace. Some people would also add belonging to that. And each one of these terms have different meanings. This is not about educating you on that. We don't have enough time for that today. But here's what I want to point out. There is mounting, mounting and some would argue already piles of evidence of the financial value, financial ROI of diversity, equity, inclusion in the workplace and really having a culture of inclusion with the diverse workforce across a wide spectrum of what it means to be diverse. So here's here's a quick quote. This comes from Miriam Lewis, chief inclusion officer for an organization called principal quote the business. Case is glaring. Diverse companies with inclusive cultures outperform more homogeneous companies. Revenue, market share, smarter teams, retention. There's just no lack of evidence. close quote and this comes from McKenzie. McKenzie is a massive consulting organization and they did a six year study that goes back ended at 2020 and found that diverse companies are 36% more profitable than less. Diverse companies. 36% more profitable, but we also have higher levels of engagement which we know drives financial performance, more collaboration drives financial performance, more innovation drives financial performance, etcetera, etcetera, etcetera. The bottom line is that diversity, equity, inclusion in the workplace when it's done authentically, some people say the right way, I'm going to say authentically, which means it's done not just to achieve financial performance or because. The culture says check a box in our in our business world today, but because there's a general belief in it. That organizations thrive. So here's the question. Why aren't we thriving? Why aren't more organizations more inclusive and as a result of that, more diverse? Because there's a lot of evidence that said we need to start with inclusion. If we start hiring differently and have a more diverse workplace, but people don't feel welcome or included, it's going to fall apart. So you've got to build that authentic, very transparent, inclusive environment starting at the top. Of the organization that says we really believe in inclusive inclusion because inclusion is the right thing to do and we know we'll get financial results from it versus we want financial results. So let's create this DEI policy or culture in order to get this the financial result. It's a bit of the chicken and the egg, but it's really not because authentic commitment to inclusion. And thus diversity is what drives the financial performance, not creating a policy, not making a policy statement on your website. And over the last four or five years, unfortunately and sadly, what's happened is there was a spike in policies because it was the right thing to do in quotes. It's the thing you were supposed to do. And now there's been a falling off of that. Everyone I talked to consistently is saying that the commitment to diversity, equity, inclusion initiatives is falling. Why could there's not as much social pressure to do so? Well, that means we were doing it to check a box. We weren't doing it because it was the right thing and we weren't doing it understanding authentically and genuinely. Then we would get this enhanced financial performance because we just don't believe it. The question is, though, why don't we believe it? Is it because we think that all of the research is wrong? Or is there some part of us that says, I don't want it to be true, I want to keep doing things the way we have done them? The way that we have done things has created X amount of success. There are riches beyond that in the future if we're willing to shift the way we look at our teams, the way we look at our culture and the way we do things in our culture, the opportunities right in front of us. Take a look at the research, take a look at the real key drivers and make a decision for your organization. If you're at the top, especially you, and if you're further down the organization, drive that message up that you want and are demanding a more inclusive. Environment which creates a more diverse environment, which creates a more thriving team and organization. That's the opportunity that's in front of it. Do not miss it folks. Have a fantastic day.
How diverse is your organization?
How inclusive is your organization?
How committed is your organization to nurturing a culture of diversity and inclusion?
Do you believe in the financial benefits of an authentic culture of diversity, equity and inclusion?
Daily Shake Up No. 945 highlights three things related to cultures of diversity, equity and inclusion:
1. The financial benefits of having an authentic culture of diversity, equity and inclusion;
2. The importance of authentically embracing a culture of diversity, equity and inclusion (versus checking a box with a DEI policy);
3. The reality of resistance to authentically embracing and nurturing cultures of diversity, equity and inclusion.
There’s mountains of evidence that diverse and inclusive workplaces win, but there’s diminishing numbers of organizations committed to building diverse and inclusive workplaces. What’s the miss? If we know DEI wins, then why are we choosing to lose by not committing to DEI?
Is it too hard? Is it too uncomfortable? Is it too different? Is it too controversial? Is it too innovative?
My guess is we all know that innovation wins in business, and diversity, equity and inclusion is the innovation with the greatest ROI (financial, personal, relational and cultural).
Impactful leadership is about embracing the discomfort in order to innovate, especially when it comes to your people, and diversity, equity and inclusion is the pot of gold of innovation.
#SnowGlobeLeadership#NischwitzGroup#SnowGlobeLiving#Leadership#DEI#Diversity#Inclusion#Culture
As our #togetherwerise series celebrating Diversity Month draws to a close, we present the comprehensive yet concise DEI Handbook, designed to empower businesses and leaders with strategies, success stories, and metrics for fostering inclusive and equitable workplaces. This resource is a quick guide to incorporating DEI initiatives into your organizational culture for sustained innovation and long-term success.
#diversityandinclusion#dei#workplacediversity#diversitymonth#hiring
Why Diversity, Equity, and Inclusion (DEI) Initiatives Matter in the Workplace
In today’s rapidly evolving world, organizations that prioritize Diversity, Equity, and Inclusion (DEI) are not just fostering a more welcoming environment—they’re building stronger, more resilient teams.
DEI initiatives go beyond just checking a box. They are about creating spaces where every voice is heard, every perspective is valued, and everyone has the opportunity to thrive. Here are a few reasons why DEI is critical for any organization:
1. Enhanced Creativity and Innovation: A diverse team brings together a variety of perspectives, experiences, and ideas. This richness of thought leads to more creative solutions and drives innovation, allowing organizations to stay ahead of the curve.
2. Better Decision-Making: Inclusive environments encourage different viewpoints and foster healthy debate. When decision-making processes incorporate diverse perspectives, they tend to be more well-rounded and lead to better outcomes.
3. Increased Employee Engagement and Retention: Employees who feel valued and included are more likely to be engaged, motivated, and committed to their work. DEI initiatives help create a culture of belonging, which can significantly reduce turnover rates.
4. Broader Market Reach: A diverse workforce is better equipped to understand and connect with diverse customer bases. This can open doors to new markets and lead to stronger, more meaningful customer relationships.
5. Ethical and Social Responsibility: Beyond the business case, there’s a moral imperative. Organizations have a responsibility to contribute to a more equitable society. By championing DEI, companies can play a vital role in advancing social justice and equality.
Investing in DEI isn’t just the right thing to do—it’s the smart thing to do. Let’s continue to push for workplaces where everyone can bring their full, authentic selves to work and where differences are not just tolerated, but celebrated.
#Diversity#Equity#Inclusion#Leadership#Innovation#WorkplaceCulture#EmployeeEngagement
The Joy of Reading: DEI and HR Insights 📚
🚫 Listen to the facts—DEI is a business necessity! 🚫
While some companies may be softening their DEI language, those abandoning these initiatives are facing significant repercussions. The "woke go broke" narrative may be prevalent, but the data is clear: companies with diverse leadership teams outperform their competitors.
📊 According to McKinsey’s 2020 report, organizations with diverse leadership are 36% more likely to excel in profitability. Conversely, neglecting DEI leads to higher turnover, lost talent, and shrinking profits.
Strategic organizations recognize that diversity isn’t just a trend—it’s a key driver of success. Companies prioritizing DEI cultivate an inclusive culture that enhances innovation, boosts employee engagement, and improves the bottom line.
How is your company committing to or reshaping its approach to make diversity, equity, and inclusion integral to its organizational strategy? Share your thoughts below!
#Diversity#Inclusion#Leadership#BusinessSuccess#DEI#TalentManagement#McKinseyhttps://lnkd.in/gu58iB9Hhttps://lnkd.in/eEbDZsQq
Are your Diversity, Equity and Inclusion initiatives falling flat?
Try taking a closer look at:
🔍Leadership buy-in, or lack of it! Without genuine commitment from those at the top, DEI efforts are already off to a false start
🔍Tokenism. Hiring a few diverse employees into the business to tick the 'diversity box' isn't the right thing to do
🔍Unconscious bias in hiring and when giving internal promotions. Recognise it, address it and squash it
🔍Surface level diversity. It's SO important to see the huge value in intersecting identities and not just the diversity that you can physically see
What have I missed?
#diversityintheworkplace
Diversity, Equity, and Inclusion (DEI):
In today’s interconnected world, Diversity, Equity, and Inclusion (DEI) are not just buzzwords—they are essential components of a thriving and innovative workplace. Here’s why embracing DEI is crucial and how we can make meaningful strides:
Fostering Innovation: Diverse teams bring a wide range of perspectives and experiences, which can lead to more creative solutions and innovative ideas. Embracing diverse viewpoints helps drive progress and solves complex problems more effectively.
Promoting Equity: Equity ensures that everyone has access to the same opportunities and resources. It’s about creating fair systems that recognize and address historical and systemic barriers, ensuring that all individuals can succeed and thrive.
Creating Inclusive Environments: Inclusion means actively creating environments where everyone feels valued and respected. An inclusive culture encourages collaboration and engagement, leading to higher job satisfaction and retention.
Enhancing Organizational Performance: Organizations that prioritize DEI often see improved performance and productivity. Diverse and inclusive workplaces are better at attracting top talent, improving employee morale, and increasing customer satisfaction.
What steps is your organization taking to promote DEI, and how can we support each other in this journey?
#Diversity#Equity#Inclusion#DEI#WorkplaceCulture#Innovation#SocialChange#Leadership#Researcher#teamwork#translator#Educater
“Effective DEI is about establishing and maintaining a business strategy and a culture of awareness that embeds diversity, equity, and inclusion. It is a fact that diverse teams make better decisions, and it is also a fact that inclusion drives more innovation. These strategies drive real business results for organizations around the globe. It’s not simply hitting the numbers or checking off a box.” – Jonathan Hodge, Advantage Performance Group President and CEO #diversityandinclusion#dei#talentdevelopment#talentdevelopmenttuesday
Building a Culture of Diversity, Equity, and Inclusion (DEI)
With many companies scaling back or eliminating their DEI initiatives, the question remains:
What is the way forward?
Some organizations felt that DEI efforts were underutilized or reduced to tokenism: where marginalized groups are given superficial representation without meaningful inclusion.
(Tokenism refers to symbolic efforts that provide the appearance of diversity but fail to drive real change.)
A strong DEI strategy, however, is more than just a checkbox. It fosters innovation, creativity, and a true sense of belonging for all employees.
Successful DEI programs prioritize well-being, address unconscious bias, and promote fair recruitment and promotion practices.
It’s not just about compliance, it’s about creating an environment where everyone can truly thrive.
How are you embedding DEI into your organization’s culture? What challenges have you faced in advancing your DEI goals? Let’s collaborate on solutions! 💬
#DiversityEquityInclusion#InclusiveWorkplace#BelongingAtWork#WorkplaceCulture#Leadership#HR
Embracing Diversity, Equity & Inclusion in the Workplace - A reminder for the week.
In today’s global business environment, Diversity, Equity, and Inclusion (DE&I) are not just buzzwords but critical pillars for organizational success. When we create an inclusive culture, we foster an environment where everyone feels valued, respected, and empowered to contribute.
Diversity brings a range of perspectives that drive innovation and creativity.
Equity ensures fair access to opportunities, resources, and support for all.
Inclusion creates a sense of belonging where everyone can thrive and reach their full potential.
Here are a few ways we can strengthen DE&I within our organizations:
• Listen and Learn: Engage with diverse voices and understand different experiences.
• Promote Equity in Opportunities: Ensure fair policies and practices in hiring, promotions, and leadership development.
• Foster Inclusive Leadership: Equip leaders to recognize bias and champion inclusivity in decision-making.
• Celebrate Differences: Encourage diverse opinions, cultural expressions, and collaborative efforts across teams.
DE&I isn’t a one-time initiative; it’s a continuous journey that requires intentionality. Let’s commit to making our workplaces environments where every person, regardless of their background, has the opportunity to succeed and contribute.
#DiversityAndInclusion#EquityMatters#InclusiveWorkplace#Leadership#GrowthThroughDiversity#CultureTransformation#CMvE
Image from pinterest✨
