- Talent Management
Achieving Success Through a Diverse and Inclusive Workforce
We’ve all heard the statistics—America’s demographic landscape is shifting from one that’s made up of predominantly white citizens, to one that’s made up primarily of people who were once minorities.
There are cities and states throughout the country where minorities are in reality the majority, and it’s up to corporate and business leaders to not only recognize this shift, but make changes in their talent management strategies that adequately address the changing face of the American workforce.
Diversity and Inclusion Go Hand-in-Hand with Growth
The terms diversity and inclusion were once thought of as something that could be addressed by HR, perhaps just as a sentence or two in the employee handbook.
That outdated way of thinking will no longer cut it.
Diversity and inclusion not only have to be a key component of talent management strategies, but these are also concepts intrinsically tied to remaining successful and competitive in today’s evolving marketplace.
In order to remain or become competitive, employers are faced with the challenge of attracting, hiring and retaining a diverse workforce.
There’s also a specific challenge when it comes to not only a racially diverse workforce, but the inclusion of females and people of all backgrounds, and learning how to manage them in a way that provides opportunities for and encourages success and a thriving career.
Employers are learning the importance of having a diverse workforce, but also how to manage opportunities for progression within an organization.
Similarly, employers in today’s global economy are looking for ways to attract and leverage non-American talent in a meaningful way.
When approaching the challenges of creating and maintaining a diverse and inclusive workforce, some of the primary factors to be considered include:
These are all some of the important questions employers and company leaders are asking themselves in terms of their talent management strategy, and there’s a growing focus on the role diversity and inclusion should have within any organization’s short and long-term strategy for success.
November 16, 2015 Sherman Morrison
Whenever two companies come together through the merger and acquisition (M&A) process, something many forget to consider are the difficulties that arise when two different company cultures come together. Oddly enough, even though it is this difference of cultures that often leads to M&A failure in delivering expected outcomes, surprisingly little attention is paid to […]… read more
May 29, 2015 Sherman Morrison
A few articles back I wrote about Women in the Workforce: Recent Trends, mentioning how women are working for major corporations but they aren’t leading them, with women holding only 16% of the director positions and only 4.6% of CEO positions at Fortune 500 companies. These statistics beg the question: What can women do to […]… read more
April 15, 2015 Sherman Morrison
In the wake of police killings of unarmed black men in Ferguson, Mo., and New York, Starbucks CEO Howard Schultz felt like the company should respond in some way. He started holding forums where employees could frankly and openly discuss their personal stories of the ways in which race and ethnicity have impacted their lives. […]… read more
January 30, 2015 Sherman Morrison
I’ve written previously about Why Diversity and Inclusion Efforts Fail, and in that article I highlighted the importance of putting inclusion back into diversity and inclusion, because even though the formula D+I is difficult, D–I (diversity without inclusion) is a recipe for failure. What hampers many D&I efforts is a general unwillingness to go beyond […]… read more
December 16, 2014 Ashley Sutphin
In today’s talent management discussions, so much attention is given to how employers can attract and retain younger employees – namely the Millennial generation, most of whom are in their mid to late twenties. That’s great of course, but what about older talent? For some companies it can seem advantageous to try and subtly push […]… read more