News Formal

Research: Why Companies Should Disclose Their Lack of Progress on DEI

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Many companies have set goals to increase employee diversity, and many companies have fallen short of meeting their goals. Most leaders would likely prefer to keep this lack of progress quiet, but research shows that there may be benefits to being transparent about it.

Specifically, this type of disclosure can signal that you take diversity seriously and are genuinely committed to the goals you’ve set for your organization. That said, taking too long to make progress can dampen any goodwill you might receive from disclosure.In the aftermath of George Floyd’s murder and the national reckoning around racial injustice in 2020, many companies redoubled their commitment to increase the diversity of their workforce.

HBR Learning’s online leadership training helps you hone your skills with courses like Diversity, Inclusion, and Belonging. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.is a social psychologist and associate professor at BU’s Questrom School of Business. His research leverages behavioral science to reveal the challenges and potential of diversity and social change.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Research: Technology is changing how companies do businessIn the fast-paced world of modern business, technology plays a crucial role in shaping how companies operate. One area where this impact is particularly significant is in the organization of production chains—specifically the way goods are made and distributed.
Source: physorg_com - 🏆 388. / 55 Read more »

Research: What Companies Don’t Know About How Workers Use AILeaders who are exploring how AI might fit into their business operations must not only navigate a vast and ever-changing landscape of tools, but they must also facilitate a significant cultural shift within their organizations. But research shows that leaders do not fully understand their employees’ use of, and readiness for, AI.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Why I'll Keep Using MSG Seasoning As Companies Market 'Natural' VersionEric Huang is the chef and founder of Pecking House, a fried chicken joint in Brooklyn best described as a Sichuan-Nashville style mashup.
Source: TODAYshow - 🏆 389. / 55 Read more »