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Data-Driven Diversity

Williams, Joan C. - ; Dolkas, Jamie - ;

Many companies today recognize that workforce diversity is both a moral imperative and a key to stronger business performance. U.S. firms alone spend billions of dollars every year to educate their employees about diversity, equity, and inclusion (DEI). But research shows that such training programs don’t lead to meaningful change. What’s necessary, say the authors, is a metrics-based approach that can identify problems, establish baselines, and measure progress. Company managers and in-house lawyers often worry that collecting diversity data may yield evidence of discrimination that can fuel lawsuits against them. But there are ways to minimize the legal threats while still embracing the use of metrics. The authors suggest first determining your risk tolerance and then developing an action plan. You will need to track both outcome metrics and process metrics and act promptly on what you find. Starting with a pilot program can be a good idea. You should also build the business case for intervention, control expectations through careful messaging, and create clear protocols for accessing, sharing, and retaining DEI data.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir (Majalah)1
PenerbitUnited States: Harvard Business Publishing 2022
EdisiMarch-April 2022
SubjekCommercial statistics
Diversity in the workplace
Business process management
Acquisition of data
Risk management in business
ISBN/ISSN0017-8012
KlasifikasiNONE
Deskripsi Fisik160 p.
Info Detail SpesifikHarvard Business Review
Other Version/RelatedTidak tersedia versi lain
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