The case for diversity in workplace is overwhelming given its ability to foster innovation, creativity and empathy.
Companies with more diverse teams are better able to lead change than those with a more homogeneous workforce.
Globally, DEI spend is growing exponentially in response to proven benefits of diverse and inclusive environments. Despite higher spend, the majority of companies with DEI programs have not developed a systematic approach to these initiatives. Most do not measure the impact, don’t evaluate their leaders on DEI efforts, and few track the progress that is made. When done, measuring progress often takes the form of monitoring the demographic makeup of the company.
Adopting a comprehensive, scientific approach to DEI can help organizations solve a multitude of challenges. Data can allow you to identify gaps, hear the voice of your stakeholders (especially those in underrepresented groups), measure the “soft metrics” such as belonging and feeling valued, inform a long-term DEI strategy outlining actionable steps toward a more inclusive culture, and, finally, create a dashboard in order to monitor your progress on a DEI journey.
Take a look at Sr. Director of DEI Insights, Katia Delgado as she explains more about adopting a scientific approach to DEI.
If you want to learn more about the scientific approach to DEI or how you can take a data driven look at your organizations DEI journey, contact us today at LetsGo@DiversityCrew.com.