
HubEngage


By Blacks In Tech The advancement of Diversity, Equity, and Inclusion (DEI) initiatives within organizations remains a challenge The tragic death of George Floyd catalyzed a renewed emphasis on corporate DEI efforts Interventions and initiatives are falling short and the lack of leadership, clear guidelines and standards for evaluating and measuring the effectiveness of DEI programs is a big issue
What data does your workplace need to help better understand it’s culture and if they’re headed in the right direction? We think the exit interview data is a great place to start
Insights about the workplace environment can lead to a better performing team and can attract other talented people The Harvard Business review states, “When we looked at the enabling conditions for diversity, including fair employment practices (such as equal pay), participative leadership, top management support for diversity, and open communication practices, less than 40% of firms employed them And not surprisingly, firms that had such practices in place had better diversity scores, and as a result better innovation performance This strongly suggests that diversity represents a tangible missed opportunity and significant potential upside for most companies In total, the presence of these enabling factors is worth up to 12 9% points of innovation revenue”
Source: The Harvard Business Review
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