Diversity, Inclusion & Equity

Equitable employers outpace their competitors by respecting the unique needs, perspectives and potential of all their team members.

Diverse and inclusive workplaces earn deeper trust and more commitment from their employees. Diverse companies enjoy 2.3 times higher cash flow per employee (Deloitte), and inclusive teams improve team performance by up to 30 percent in high-diversity environments. (Gartner Group)

Critical questions 

What is the variety of diversity of background, race, ethnicity, and gender in our workforce?

Is there representative diversity at every level of our company?

Is diversity and inclusion integrated into our organizational processes?

What is diversity to us? How do we measure it?

How much do we welcome differences in thought and opinion from your teams?

Areas to explore

Management and leadership positions – being held by people who resemble each other in culture/race/gender/age/ethnic background? Inconsistency between the cultural makeup and gender representation in the workforce and that of leadership, can cause mistrust of leadership.

Overall workforce – being held by people who resemble each other in culture/race/gender/age/ethnic background - If our company supports diversity, why does everyone look the same? Lack of diversity in the workforce can cause difficulty in hiring diverse new talent.

Inconsistency between the diversity between the organization, its customers, and the communities it serves – can lead to lack of trust and disenfranchisement of product design, sales, missed opportunities and revenue

Equitable pay for women and men? A pay differential between men and women can create difficulty in attracting top female talent.

Support for diversity, inclusion and equity communicated by leadership? Level of communication for this focus speaks volumes – and actions that promote and support diversity speak even louder.

Differences in thought and opinion – welcomed or discouraged? Diverse and inclusive groups make better quality decisions, often faster, and in a more fact-based manner, with less cognitive bias or groupthink. (McKinsey & Company, Delivering through Diversity)

Impact on Culture

Companies with greater diversity in the workplace have lower turnover rates.

Seven out of ten job seekers want to work for a company that demonstrates a commitment to diversity and inclusion. (The Manifest, 2020)

A diverse and inclusive environment fosters a sense of belonging among employees. When employees feel more connected at work, they tend to work harder and smarter, producing higher quality work.

There is a statistically significant relationship between diversity and innovation outcomes. (Harvard Business Review)

A diverse workforce drives economic growth. (Trailhead.salesforce.com)

Diversity in the boardroom is needed to leverage a company’s full potential. (Trailhead.salesforce.com)

Product development and design has been proven to be more creative and efficient with a diverse team. (McKinsey)

Firms with a balance of men and women outperform male dominated rivals. (Morgan Stanley)

Members of culture fit 20/20 are available to facilitate a conversation.

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