Giving Compass' Take:
- Cecily Joseph explores three crucial ways to advance diversity progress within the corporate sector.
- One of the recommendations is for employers to build more diverse pipelines. What are the first steps to making this happen? And what is the role of donors in contributing to diversity?
- Read about the best practices for diversity and inclusion.
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It seems each day a new story or report comes out on how a company is addressing diversity as a core value or priority. But are we focusing on the long-term and moving the needle on hiring and retaining women, professionals of color, LGBTQ+ employees and those with disabilities? While there is a lot of buzz, the actual data around hiring and retention has not significantly changed. And employees inside these organizations continue to voice concerns of racism and discrimination.
In any case, it is imperative that businesses successfully build teams and cultures that are made up of different ethnicities and races, genders, generations, abilities, geographies and inclusive of the LGBTQ community. Companies that get this right will be able to attract and retain the best talent and deliver for their communities, customers and investors because they will be more innovative and competitive. If we are to make any significant progress on critical issues such as ending poverty and climate change, as set forth in the Sustainable Development Goals (SDGs), we will need everyone at the table.
- Be accountable for insignificant diversity progress
- Build new diverse pipelines
- Create a culture of belonging
Read the full article about increasing diversity in the corporate sector by Cecily Joseph at GreenBiz.