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  5. What are Short-Term and Longer-Term Actions Companies are Taking as Part of their DE&I Strategy?

What are Short-Term and Longer-Term Actions Companies are Taking as Part of their DE&I Strategy?

File(s)
What _are_short-term_and_longer-term_actions_ companies_are_taking_as_part_of_their_DEI_strategy.pdf (413.31 KB)
Permanent Link(s)
https://hdl.handle.net/1813/102840
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ILR Student Works
Executive Summaries on Current HR Topics (ILRHR 6640)
Author
Call, Ethan
Reyes, Tess
Abstract

Diversity, equity, and inclusion (DE&I) encompasses any organizational practice that promotes an open and supportive workplace for all employees. However, the implications of good DE&I strategy extend further than improved employee performance and engagement. Companies with good DE&I have been shown to have more innovation, are more agile, have higher employee performance, and more frequently hit financial targets. Therefore, firms can “leverage those qualities in support of business objectives” to consistently outperform and gain a strategic and financial advantage over less diverse competitors (Exhibit 1).

Date Issued
2020-10
Keywords
Human Resources
•
leadership
•
diversity and inclusion
•
hiring manager
•
diversity management
•
equity
•
employee resource groups
•
pay equity analyses
Type
article
Accessibility Feature
taggedPDF
Accessibility Hazard
none

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