Diversity is more than the inherent traits we’re born with: sexual orientation, gender, and ethnicity. Diversity also includes experiences that shape the way we view the world: the neighborhood we grew up in, a foreign assignment, work in another industry, or several months traveling or doing volunteer work.
A 2012 study by the Center of Talent Innovation published in HBR reported that companies who consciously manage diversity and build diverse leadership teams are 70% more likely to capture new markets opportunities.
But most companies aren’t leveraging the diversity asset. Why not?
The Diversity Conversation – A Brief History
Conversations about diversity and inclusion are not new. In the 1980's and 90’s, as workplace demographics shifted – and as discrimination lawsuits became prevalent – many organizations responded with training designed to help leaders increase awareness around the impact of unconscious bias.
New policies were instituted. Obvious bias in hiring, for example, was reduced because of better recruiting and interviewing protocols.
Fast-forward almost twenty years. What happened? For one, the focus on D&I took a backseat to other business priorities: responding to increased global competition, two major economic downturns, and the unprecedented pace of technological change. In the race to be more agile, responsive, and innovative, many companies dropped out of the race to leverage diversity.
From Awareness to Collaborative Action
With the economic recovery and rebounding employment, D&I training is once again front and center on the business agenda.
But if we want different results this time, we have to go beyond simply helping leaders and individual contributors understand their unconscious biases and blind spots. We have to galvanize their good intentions with practical strategies, skills, and collaborative actions.
Here’s what we want people to be willing and able to do:
To reap the benefits of a diverse workforce, aim to link diversity awareness with the power of collaborative action. Let's not just repeat the past. Let's create a future that brings out the best in everyone, and reflects our highest aspirations for our workplace and society.