Corporate America is being compelled to examine the persistent lack of diversity in the workplace and address the underlying issues. MLT Founder and CEO John Rice shares insights on the root causes, along with three actions leaders can take toward meaningful, measurable, and sustainable diversity and inclusion strategies.
Leaders can take three near-term steps to support their diverse employees and build a more diverse organization.
- Understand the underlying problem — why we are where we are and why people are protesting across the country.
- Communicate with courage and not perfection — stakeholders will remember what you said but also what you did not say.
- Take a rigorous approach and don’t settle for random acts of diversity.
- Start by defining the problem and opportunity at hand.
- Define what success looks like in 3-5 years qualitatively and quantitatively.
- Based on that success definition, prioritize the levers to invest in that will get you there.
- Define interim progress metrics.
- Lay out an organizational approach with clearly defined roles, responsibilities, and accountability for implementation and driving outcomes throughout the organization.
For more information, contact MLT Founder & CEO John Rice. To get started on building a winning D&I strategy, contact MLT’s Advisory Services Team. For even more insights on how to move the needle on diversity, check out John’s recent piece in The Economist Intelligence Unit.
