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      • Besides addressing obvious issues of fairness and equity, increased diversity pays by broadening a company’s talent pool, improving decision making, increasing insight into a broad range of customers, driving employee engagement, and improving a company’s global image.
      www.mckinsey.com/featured-insights/diversity-and-inclusion/one-move-companies-can-take-to-improve-diversity

      How can companies improve diversity | McKinsey

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  3. www.mckinsey.com › capabilities › people-andA DEI strategy framework for success - McKinsey & Company

    May 10, 2023 · Five steps are critical for setting and achieving successful DEI strategies. Aspire. Align on the vision. Assess. Build the fact base. Architect. Develop the plan. Act. Mobilize capabilities and resources. Advance. Measure progress to scale and sustain momentum.

  4. www.kornferry.com › insights › featured-topicsCreate a diversity, equity and inclusion strategy that works

    Aug 12, 2021 · How to optimize your organization’s diversity and inclusion strategy. Before you embark on your diversity, equity, and inclusion journey, you need to understand your organization’s current state. Only then can you sort out your priorities and determine how to reach your goal of a more diverse and inclusive workplace.

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  6. www.mckinsey.com › delivering-through-diversityDelivering growth through diversity in the workplace | McKinsey

    Jan 18, 2018 · Our latest research reinforces the link between diversity and company financial performance—and suggests how organizations can craft better inclusion strategies for a competitive edge.

  7. www.forbes.com › councils › forbestechcouncilHow Diversity Can Help With Business Growth - Forbes

    Nov 12, 2021 · Diversity is a potent tool for the growth of your business, as there is a synergy of experts with different views and ideas.

  8. hbr.org › 2020/01/5-strategies-for-creating-an5 Strategies for Creating an Inclusive Workplace

    • Emphasize the business case for diversity and inclusion. There are many reasons why American workplaces must change, but a significant one is that the country is changing demographically, as a recent U.S. Bureau report makes clear.
    • Recognize bias. No matter how well-prepared women of color are, they won’t get a seat at the table unless those at the table allow them to pull up a chair.
    • Practice inclusive leadership. Leaders need to create a safe team environment where all employees can speak up, be heard, and feel welcome. They should embrace the input of employees whose backgrounds or expertise differ from their own, and foster collaboration among diverse staff, ask questions of all members of the team, facilitate constructive arguments, give actionable feedback, and act upon the advice of diverse employees.
    • Provide sponsorship programs. Corporations such as American Express and Bank of America have created programs that accelerate the progress of women and people of color by pairing them with more experienced sponsors who help them learn the ropes — not just in their first weeks or months on the job, but over the long haul.

  9. hbr.org › 2021/05/5-strategies-to-infuse-di-into5 Strategies to Infuse D&I into Your Organization

    May 19, 2021 · First, ensure the CEO positions themselves as the top champion for D&I efforts. Second, center D&I in your business strategy. Third, hold executive leaders accountable for D&I outcomes.

  10. www.ey.com › en_us › insightsDriving business growth through diversity and inclusion | EY - US

    Mar 31, 2022 · In brief. Businesses prioritizing DEI is key to opening doors and breaking down barriers for women and minority entrepreneurs. Funding the ventures of diverse founders is a first step, but investors need to update policies and support laws that codify equitable access to capital.

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