As
someone who worked with different Kenyan tribes when running hotels and
safaris, diversity and inclusion is a topic that is important to me.
And
it should be important to you too. Why? Because employee diversity has
measurable, positive effects on organizational success. Plus, on a macro level,
due to the global political environment, employees are personally concerned
with diversity and inclusion (D&I) issues (including gender pay equity) and
want their employers to offer perspective on those issues. In this way, D&I
now touches employee engagement, human rights and social justice.
Today
I want to break down D&I simply, for those who see diversity and inclusion
as an insurmountable challenge to tackle. We’ll start with outlining how
D&I benefits company performance, including information which can be used
to urge leaders to take D&I initiatives more seriously. Then, I’ll discuss
how to foster inclusion at work—because what’s the point of a diverse workforce
if employees don’t feel included in company culture, decision-making and upward
mobility? Lastly, I’ll review some challenges that diversity brings to company
culture and performance.
Four Ways Diversity Benefits Company Performance
Here
are four examples of the measurable, positive effects that employee diversity
has on organizational success:
1.
Women increase equity, sales and ROI
Catalyst took
a look at Fortune 500 companies with women on their board of directors and
found that these which co? those that focus on D&I? companies had a higher
return on equity by at least 53%, were superior in sales by at least 42%, and
had a higher ROI, to the tune of 66%. Those are not small numbers.
2.
Diverse top teams = top financial performers
McKinsey
quarterly reported that between 2008 and 2010, companies with more diverse
top teams were also top financial performers.
3.
Diversity and inclusion identified as key driver of innovation
When 321 executives at large global enterprises
($500 million plus in annual revenues) were surveyed for the Fostering
Innovation Through a Diverse Workforce study, diversity and inclusion
were identified as the key driver of not only internal innovation, but also
business growth.
4.
Diverse groups are superior problem solvers
Groups
of diverse problem solvers outperformed groups of high-ability problem solvers,
according to a study by Lu Hong and Scott E. Page.
Creating
a diverse staff and culture is only the first step. It doesn’t do much good
without inclusion, which takes effort. Because what’s the point of a room full
of diverse thinkers when no one feels empowered to share their thoughts? Here
are three tips to foster a sense of inclusion amongst a diverse workforce:
How Managers Foster A Sense Of Inclusion Among A
Diverse Workforce
1.
Coach People To Listen More and Interrupt Less
Listening is
a key element of inclusion, and while it sounds simple, it actually requires
practice and intention. Leaders and managers need to coach people to listen
more and interrupt less. They need to listen with their whole selves—taking
into account the words, body language and energy of the communicator.
2.
Encourage Equal Stage Time in All Meetings
We’ve
all been in meetings that were dominated by the person with the loudest voice.
And unfortunately, the “squeaky wheel” strategy does sometimes garner results
in the business world. This is the opposite of inclusion. Encourage meetings
where all speak up equally. This will take some careful management at first,
but with time the culture of the meetings will change, and more voices will be
heard.
3.
Work On Your Own Bias
Our
own bias can greatly influence decision-making, often preventing inclusion
unconsciously. Here are six quick tips for working on our own biases.
- Start
by taking the IAT test to identify biases you have that yet may be unaware
of: https://implicit.harvard.edu/implicit/takeatest.html
- Watch
your language. Biased language is ingrained in how we speak, but can
exclude diverse employees. For example, “Okay you guys, let’s get down to
work,” does not include female members of the team.
- Identify
particular elements in company processes that function as entry points for
bias. For example, is your hiring committee all male? People tend to be
drawn to others like themselves. If you identify your hiring committee as
largely dominated by one gender or ethnicity, change it up.
- Include
positive images of diverse groups in the workplace such as posters,
newsletters, videos, reports and podcasts. This helps our brains make
positive associations with groups we may otherwise be unconsciously biased
toward.
- Visualize
a positive interaction with toward with those you have a bias against.
Visualization is powerful and can actually alter the brain.
- Encourage
workers to call out bias and hold each other accountable. Yes, that means
calling out leaders too.
The Challenges Diversity Brings To Company
Performance Or Company Culture
Diversity
increases different ways of seeing the world and how people work. For example,
how a person from the U.S. views time versus how a person from China views time
may be drastically different. Learning the cultural
differences between team members strengthens team understanding.
In
addition, the complexity of ideas increases with more diverse teams. This is
more difficult to manage than homogenous ideas, which require less debate to
come to agreement and make decisions. While diversity breeds innovation, it can
also present a challenge and requires careful
communication skills.
Welcoming
diversity and inclusion into your organization is critical. I urge all leaders
to take an honest look at where diversity and inclusion stands in their
organization, and make it a strategic priority.
Share
your questions about diversity and inclusion in the comment section below, via email, or on Twitter. Myself or members of my
community will do our best to answer!
0 comments:
Post a Comment