It’s 2023, and almost all businesses want to look like they are doing the right thing regarding Diversity, Equity & Inclusion. With numerous articles, studies, conferences and keynotes about how diverse businesses improve productivity, creativity and profitability – why wouldn’t a company want to be invested in Diversity, Equity and Inclusion? There’s a big difference […]
Most of us know the frustrating feeling of watching someone ‘fail upward’: landing successively sweeter gigs even after professional mediocrity or missteps. It turns out, allowing employees to fail up isn’t necessarily bad and can sometimes yield talented, resilient leaders. What is troubling, experts say, is the significant gap between who’s allowed to fail […]
In numerous studies, diverse teams are associated with business success. The evidence shows that these are not mere correlations, but also various experiments have proven the direct effect of diversity on team performance. Many companies are trying to recruit and retain a more diverse workforce, but nevertheless, success has so far been marginal. With so […]
Contrary to common belief, how well you do your job has very little to do with how successful you are in your professional career. According to Harvey Coleman in his book Empowering yourself, the organisational game revealed performance counts for 10% of your success, image 30% and exposure an eye-popping 60%! Study highlightsBriefly stated, Coleman asserts that […]
The powerful article by Harvard Business Review on Why Diversity Programs Fail has a few surprising findings. It shows how organisations have been trying to reduce bias with the same kinds of programmes since the 1960s and it shows how these programmes actually tend to make things worse, rather than better. Most programmes —diversity training, […]
In management positions across large companies, diversity in the workplace can be very difficult to achieve. BCG in partnership with Management Leadership for Tomorrow (MLT) conducted a study that looked across the management consulting industry to understand why consultants (from racially and ethnically diverse backgrounds) fall off the promotion track and the study found two root causes […]
Formal qualifications and technical skills are only part of the requirements for modern employees, as ‘soft skills’ and personal attributes are just as important to success. In fact, 92 percent of companies surveyed reported that human capabilities matter as much or more than hard skills in today’s business world, according to LinkedIn’s 2019 Global talent trends […]
A research piece published by the global advisory firm, Heidrick & Struggles entitled “Creating A Culture of Mentorship” presented its data on mentorship. More than 1,000 professionals shared their experience with mentoring. As a result of this, research showed that mentorship is generally an impactful experience—particularly for self-described ethnic and racial minorities. Upon releasing the research, Heidrick […]
A research piece published by the global advisory firm, Heidrick & Struggles entitled “Creating A Culture of Mentorship” presented its data on mentorship. More than 1,000 professionals shared their experience with mentoring. As a result of this, research showed that mentorship is generally an impactful experience—particularly for self-described ethnic and racial minorities. Upon releasing the research, Heidrick […]
Although diversity has clearly moved up the UK business agenda in recent years, nearly half of the respondents in a BCG study said that in the past three years, their employer had made no progress in improving diversity and inclusion (D&I). Even more troubling: employees who don’t believe that their organisation is fully committed to […]