“The most diverse companies are now more likely than ever to outperform less diverse peers on profitability.” –  McKinsey & Company

SIVO Insights recently conducted a national, quantitative study to better understand the current environment with employee diversity and inclusion.  The findings reveal a staggering gap between organizational intent and employee perceptions. 

Gap #1: Employees are unaware of D&I initiatives.

Multiple sources report U.S. companies spending $7-8 billion per year on D&I training, with the average employer spending about $1 million.  Yet we found ONLY ~30% of employees think their employer has a diversity & inclusion initiative / program.  

Gap #2: Despite feeling equipped to work in a diverse environment, most employees DO NOT attribute that to organizational D&I efforts and training.

The vast amount of resources being spent on D&I initiatives are not having their intended effect.   Employees do not feel equipped to manage and improve D&I as a result of organizational efforts. 

So, how can your organization work toward best in-class inclusivity?

Step #1:  Identify problems, issues and gaps within your organization to ensure that you are working on the right solutions.  Understand what matters to your employees so D&I efforts resonate and are meaningful.

What makes employees feel equipped to work with diverse co-workers in the absence of formal training?  Is there a blind spot with your employees and leadership that needs to be explored?  Are you confident your employees are representing your company’s D&I values?

  

Step #2: Align your D&I initiatives and communication plans to meet your organization’s unique culture and needs. 

Training and learning can take place in a variety of formats.  One of our research participants reflected on the meaning of diversity & inclusion as, “different characteristics and traits of my colleagues…including and learning about one another to form a community at work.” – Female, Age 45-60

 

Step #3: Enhance employee engagement in the D&I process so that it takes hold within your organization.

Consistent communication from leadership and integration into company values and expectations is integral to the success of D&I initiatives, including training.  Employees will be engaged in the training and initiatives if they are aligned with your unique organizational culture (Step #2).

For additional survey details, visit Best In-Class Employer Infographic or contact@sivoinsights.com to get detailed research study results.   Your organizational success is directly related to how effective and successful your D&I initiatives are.   SIVO Insights can customize an approach to support you in your D&I efforts.