I dedicated a whole show to the report because it so widely referenced and so often misrepresented or misquoted.
I think this new report is important because of how it will be interpreted. Also because I don’t imagine many people will carefully read it in order to understand the true meaning of the findings presented. That said, I’m sure it has a lot to offer.
In todays show I discuss several things including:
- Why the Delivering Through Diversity report is important
- The Key findings of the report.
- The Key limitations of the report and much much more.
Here’s some of what I share in the show:
The New Report Addresses the Limitations of the Previous Report:
I explain how this report attempts to provide more evidence to support the relationship between diversity and business performance and broadens the scope of the study to address previous limitations:
“What I immediately like about this report is that it appears to recognise the limitations of the previous report and attempts to address them, which is always a good sign”
Companies pay a penalty for not being diverse:
I describe how the research shows not only is there a relationship between diversity and business performance, the data suggests that ignoring this relationship results in financial penalties:
“Companies in the fourth quartile on both gender and ethnic diversity are more likely to underperform their industry peers financially. Specifically, they are 29% more likely than the other three quartiles to underperform on profitability”
Define Inclusion & Diversity Priorities Based on a Specific Business Growth Strategy:
I explain the importance of using Inclusive practices to achieve strategically relevant goals for an organisation; describing how this takes time and investment:
“Companies succeeding on Inclusion and Diversity are able to clearly articulate the link between Inclusion goals and specific business growth priorities. Often as a result of investment in internal research to understand their specific value drivers and circumstances”
Make sure you subscribe, I will see you in the next episode