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Strategies to Build a Business Case for DEI
Manage episode 437920000 series 3584944
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You know you need a solid DEI strategy within your company, but how do you justify the cost of adding or cultivating one?
In this episode, Michelle discusses the crucial task of building a business case for Diversity, Equity, and Inclusion (DEI) in the workplace. Recognizing the challenges that many organizations face in justifying and proving the value of DEI initiatives, Michelle outlines a structured approach to demonstrate the tangible benefits. She shares important metrics and examples, explaining how even small changes in gender diversity can significantly boost revenue and the performance of companies on various financial fronts.
Michelle also discusses specific measures for diversity and equity, both internally and externally. She offers advice about how organizations can track progress, such as monitoring representation, hiring, promotions, and compensation. Additionally, Michelle presents a visual quadrant framework to help organizations plot the desired impact level of their DEI initiatives.
For more information or to connect with Michelle, visit: https://www.equity-at-work.com/
Key Topics Discussed:
- Five Key Benefits of Investing in DEI Work
- Metrics and KPIs for Measuring DEI Impact
- Equity at Work’s Quadrant Framework for Measuring Impact
- Diversity: Internal and External Measures
- Equity: Internal and External Measures
- Preparation for the Next Episode on Inclusion
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