To Sustain DEI Momentum, Companies Must Invest in 3 Areas

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You need to hold the right people accountable for DEI progress.

George Floyd’s murder in 2020 — and the subsequent social uprising around racial injustice — catalyzed an unprecedented investment in diversity, equity, and inclusion . Organizations of all sizes and across industries pledged their support to Black employees and other underrepresented groups, to building more diverse and equitable companies, and to using their power for good.

Span a range of 16 industries. The largest concentration of companies were in the technology industry, followed by financial services, healthcare, and manufacturing. Sixty percent of organizations reported that they have a DEI strategy in place. However, we found that those strategies don’t always focus on the right goals or. On the goals side, only 26% of companies said they have gender representation goals, and 16% have race representation goals. Companies that want to drive positive DEI outcomes should focus on the basics: having a strategy with clear goals in place that are data-driven and measurable.

12% of companies hold C-Suite executives accountable for gender diversity, and 5% are held accountable for racial/ethnic diversity

 

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Loved this resource and the insight it provides on DEI initiatives. It is so important that organizations are acting on the pledges they made back in 2020.

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Or just dispense with quotas and hire for merit

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