Measuring What Matters in Gender Diversity
How do you know if your company is making progress on gender diversity? This article discusses five areas where tracking metrics and data will help leaders know if they’re making wins—or falling short.
Content: Article | Authors: Katie Abouzahr, Lauren Van Der Kolk, Matt Krentz, Nadjia Yousif | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources
How Diverse Leadership Teams Boost Innovation
A recent BCG study suggests that increasing the diversity of leadership teams leads to more and better innovation and improved financial performance. In both developing and developed economies, companies with above-average diversity on their leadership teams report a greater payoff from innovation and higher EBIT margins. Even more persuasive, companies can start generating gains with relatively small changes in the makeup of their senior teams. … [ Read more ]
Content: Article | Authors: Katie Abouzahr, Matt Krentz, Miki Tsusaka, Nicole Voigt, RocÃo Lorenzo | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources, Innovation, Organizational Behavior
Fixing the Flawed Approach to Diversity
We recently surveyed roughly 16,500 people worldwide to identify the most effective diversity and inclusion measures. Our investigation builds on previous research into gender diversity. For our current analysis, we broadened our lens to include diversity in two additional dimensions: race and ethnicity and also sexual orientation. Through that research, we identified specific solutions that companies can implement to accelerate their progress on diversity.
Content: Article | Authors: Elliot Vaughn, Jennifer Garcia-Alonso, Justin Dean, Matt Krentz, Miki Tsusaka | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources
Gabrielle Novacek, Jean Lee, Matt Krentz
First, companies need to take a step back and reframe the way they talk about diversity, equity, and inclusion. They must start with a new basic premise: that they will understand the needs of every individual, look for patterns of difference that cut across the whole organization and matter the most in driving positive outcomes, and devise solutions that holistically address those differences. When viewed … [ Read more ]
Content: Quotation | Authors: Gabrielle Novacek, Jean Lee, Matt Krentz | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources
It’s Time to Reimagine Diversity, Equity, and Inclusion
A great deal of noble and important work has been done on DEI in recent years, but we have hit a ceiling.
Content: Article | Authors: Gabrielle Novacek, Jean Lee, Matt Krentz | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources, Organizational Behavior