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Diversity and Inclusion: A One Page Review

Henry Yu

November 21, 2023

Defining Diversity & Inclusion

  • Diversity: understanding, accepting, and valuing differences in races, ethnicities, genders, ages, etc. and differences in education, skill sets, experiences, etc
  • Inclusion: a collaborative, supportive, and respectful environment that increases the participation and contribution of all employees
  • Diversity and inclusion: a company’ s mission, strategies, and practices to support a diverse and inclusive workplace and leverage its effects

Talent Acquisition’s Most Pressing Issues

  1. Recruitment of diverse employees
  2. Retention of diverse talent
  3. Developing a robust pipeline of diverse talent
  4. Managing cross generational issues

4 Strategies You Can Start Implementing Today

  • Create a strategy at the CEO/COO/CHRO level
  • Integrate D&I strategies into recruitment, performance management, leadership assessment, and training
  • Create behavioral standards and hold leaders accountable for results
  • Create an external scorecard to measure progress for recruiting, promotion rates, compensation, and turnover

Metrics to Evaluate Your Success

  • Employee productivity
  • Employee morale
  • Employee turnover

Metrics to Hold Your Team Accountable

  • Performance reviews
  • Bonuses
  • Business/department reviews