Chief diversity officers are set up to fail in many companies. These talented DEI professionals often experience tremendous disappointment and depart with really negative feelings. An alarming number of corporate CDOs stay less than two years. Given how essential DEI is to the success of today’s businesses, CEOs really need CDOs to stay and succeed.
I’ve worked extensively with CDOs over the past two decades; many have expressed their frustrations to me. I’ve also been able to make my own determinations about why they weren’t achieving the DEI results their organizations were pursuing. Additionally, over the past 18 months, I’ve learned a lot in forums with corporate CDOs spanning just about every industry—including panels and conversations about their leadership challenges.
A company’s DEI effectiveness depends greatly on its CDO being positioned for success. Having a seat at the table alongside other C-Suite executives is essential. Making them report to someone other than the CEO strongly and offensively conveys to these DEI leaders that they aren’t real executives.
Moreover, CDOs have to be treated like the experts they are. CEOs ought to rely on them heavily for advice, avoid attempting to resolve DEI crises without their significant input, and believe them when they say the company has a serious DEI problem that places it at reputational and financial risk. What the CDO does has to be treated as consequentially as what the chief technology officer does .
CDOs need CEOs and other C-Suite peers to partner with them on creating and sustaining cultures, structures, and systems that hold every employee accountable for actualizing the company’s DEI commitments. Lastly, CEOs really must stop letting extremely talented CDOs walk out the door without investing considerably more effort into retaining them.
I avoid doing business with companies that promote this crap. DEI guarantees their hires are never based on capability, integrity and intelligence. It's a great way to crash planes and bankrupt companies.
We should all work to eliminate and temper bigotry and biases, while also working to create equality of opportunity. But, meritocracy should never be replaced by equality of outcome, and people should not be rewarded or punished, for their identity, alone. 
What a pathetic joke of a media you’ve become. 😂 Zero credibility left. Zero.
This is some genuinely goofy propaganda...
The premise of the statement is a false aspiration.
Lol. Trust me. It doesn’t take a “diversity position” to run a successful company. If it helps then your work force is full of people more worried about virtue signaling than being productive. That’s not going to be good for the bottom line.
Why is it essential?
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: hackernoon - 🏆 532. / 51 Read more »