Serious criticisms about organizational diversity, equity and inclusion efforts have been leveled periodically over the last 3.5 years in response to the increased focus on the topic in the wake of George Floyd’s murder. However, the questions raised by DEI critics present potential opportunities for innovation, not deletion. If we can apply the inclusive leadership practice of engaging in dialogue and open debate so we can see the issue from all sides, the practices will get better.
The financial sector grapples with stark disparities, with only 9% of global Investment Committee members being women and Black professionals comprising just 7% of entry-level investment roles in North America, underscoring the imperative for diversity, equity, and inclusion (DEI) reform. Amid the push for increased DEI metrics, a growing intersection with Environmental, Social, and Governance (ESG) practices is observed, emphasizing the crucial role of data in driving progress, transparency, and the transformation of culture within alternative firms.
Well-run diversity, equity, and inclusion (DE&I) initiatives can yield many benefits, but on the other hand, poorly resourced DE&I efforts can put a business at risk and hinder progress, as consultants Chuck Gray and Cynthia Soledad discuss.
Making leadership appointment processes more inclusive starts with the role of the people involved in the search process, Silvia Wiesner explores, drawing from "Search 2.0: The Future of Leadership Appointments."
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