Diversity and inclusion have a stronger business case than before. Looking more closely at the concept demonstrates what can spur genuine advancement. The business rationale is still strong, and the link between executive team diversity and the likelihood of financial outperformance has grown stronger over time.
Truly inclusive firms value their employees’ diversity of thought or cognitive styles. This translates to the input of several, varied thoughts and solutions to a single issue, resulting in creativity, which eventually benefits the bottom line. As a result, these organizations are clear in their assertion that D&I is a business necessity rather than a collection of nice-to-have projects.
A diverse board, diversified leadership, and a diverse workforce foster innovative ideas, a stronger bottom line, and higher profitability for the firm, according to sufficient and more convincing data. It is evident that CEOs who are concerned about D&I are not at ease painting diversity and inclusion with a broad brush to compare it to or include it in their CSR initiatives.
Key Takeaways
Today’s organizations understand how important it is to be inclusive and diverse. While some are on the path to harnessing those benefits, many are successfully utilizing diversity’s power to improve creativity, consumer satisfaction, and attracting and retaining talent.
Yet, diversity and inclusion programs are frequently faced with a passive response or active resistance due to a lack of understanding of what diversity and inclusion imply, misconceptions regarding implementation at work, and occasionally even overlooking the benefits to business. They must be addressed urgently through conversations, instruction, and changes in policy.
Strengthscape’s Webinar on Diversity and Inclusion: Power, Ethics & Business Results discusses success stories of organizations that have been able to overcome these challenges to establish themselves as industry leaders in the space of D&I. We will also discuss the impact of D&I on Business Results and the role of Ethics and Power-Play in perception and application of D&I initiatives.
Why Should You Attend?
- Learn about the business case for Diversity & Inclusion
- Identify industry best practices for D&I
- Understand the impact of ethics and power-play on D&I
Who Should Attend?
- Human resources professionals
- D&I Heads and Leads
- Managers and team leaders
- Organizational Development professionals
- Learning and Development experts
Companies that want to combine diversity and inclusion and corporate social responsibility under one leader would be wise to be clear about their separate goals and never present them as being interchangeable. Leaders who are accountable for both should make sure to keep their thought and action streams separate so they don’t compromise on the desired results for each.
