3/15/2023 0 Comments Power to the people pdf![]() ![]() ![]() Racial, ethnic and gender diversity are bedrock on which to build successful diversity and inclusion efforts. How to Build a Diverse and Inclusive OrganizationĪlthough the merits of diversity and inclusion are clear, what’s less obvious is how to build an organization that genuinely nurtures them.Īt Honeywell, we do it every day by focusing on five strategic best practices: 1. Therein lies the key to innovation: When they have a diverse workforce, companies can attract and retain the best talent, which helps them generate the best ideas, which helps them develop the best solutions that create the best outcomes for shareholders, customers and the community. ![]() If you succeed, they’ll be their best selves, do their best work and will likely be more loyal, which will make the entire room more innovative and more productive. Once they’re in, it’s incumbent on you to make them feel like they belong. If they don’t, they’ll probably keep on walking - and they’ll take their good ideas with them.īut just getting great talent in the door isn’t enough. If they peer inside the room and see other people who look like them contributing in meaningful ways, they might come inside. Wandering the halls outside are some of the brightest and most talented individuals in your field. Now, imagine trying to attract more people into the room who can help generate even more and better ideas. But if the room is filled with people from different backgrounds and with different perspectives and life experiences, the result will be a potpourri of ideas from which the group can pick the best and strongest. If everyone in the room is made from the same mold, it’s likely that they’ll arrive at the same solution, which may or may not be the best solution. Imagine tasking a room full of people with solving a difficult problem. Results are even more compelling in the realm of ethnic and cultural diversity: Top-quartile companies outperform bottom-quartile companies by 36% in profitability, according to McKinsey. ![]()
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