The pursuit of diversity, equity and inclusion (DEI) has moved front and centre for organisations worldwide. This has been driven by the negative impacts of the COVID-19 pandemic and the global outcry against racial injustice. Now, more than ever, organisations should focus on achieving long-term, sustainable change.
Real change requires real action. Companies must:
Apply data-driven insights
Develop clear, visible goals
Ensure leadership commitment and accountability
There has long been a significant and discouraging “say/do” gap between the values companies express publicly and the impact these words have on the delivery of equality. According to Mercer’s 2020 report, Let’s Get Real About Equality, 81% of organisations globally say they are focused on improving diversity, equity and inclusion. Yet, only 42% report having a documented multi-year strategy, and just 50% set formal quantitative DEI goals and targets.
So how can organisations make better progress towards diversity, equity and inclusion?
Three ways to start building an evidence-based DEI strategy
Assess your company’s approach to DEI, and use your results to identify opportunity areas and focus on next steps.
Take sustainable actions to advance equitable career, health and financial wellness outcomes.
Design and implement a comprehensive strategy that ensures equality of opportunity, experience and pay.