83% of all millennials are more likely to be actively engaged if they believe their company values a diverse and inclusive culture.
Companies with high racial diversity see 15% more revenue and sales. Gender inclusivity strengthens this number even further.
The LEADERSCAPE® software application goes beyond creating and maintaining a Diversity & Inclusion initiative. The data generated by LEADERSCAPE® will inform the development of and sustain an integrated, holistic D&I value system.
LEADERSCAPE® elicits and compiles hidden and unknown data, including obstacles to inclusion and areas of unconscious bias and inequality. Once revealed, an enterprise can begin work to understand and overcome the fear that drives prejudice and intolerance.
Relying strictly on cognitive intelligence to understand and execute D&I strategies will lead to high failure rates. Emotional Intelligence (EQ) is built into LEADERSCAPE®, revealing sources of discrimination and unconscious bias, both internally – employees, leaders, investors and externally – customers, vendors, distributors. Bringing these behaviors and beliefs to light is vital to implementing sustainable, effective D&I initiatives.
Sustainable progress can only be achieved after:
At a macro level, D&I has an unseen, ripple effect on the global Economy. Racial, ethnic, and gender inequalities limit the purchasing power of millions around the world.
Multi-national companies, working to expand their footprints, may make the mistake of disregarding local culture and societal norms. This often results in slow revenue growth and operating losses.
Embracing the diversity of the world – and the customers within it – is an economic opportunity.
Leaders can create a sustainable D&I Enterprise value system when they: