Shifting Winds DEI in Corporate America
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DEI in Corporate America: Shifting Winds DEI (Diversity, Equity, and Inclusion) is a growing field in business as well as a critical aspect of corporate governance. The last decade has seen a shift from a focus on D & E to a broader emphasis on DEI, and this focus has accelerated even further in recent years. Despite advances in D & E and increased awareness of the need for DEI, there is still much to be done, and the challenges are significant. According
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“DEI” stands for “diversity, equity, and inclusion.” It is not a new concept but rather an acknowledgement of a much-needed movement in American business circles. With the rise of Black Lives Matter, and the ongoing protests and social justice movements, this topic has been gaining in popularity. There is a growing consensus that business needs to be more diverse, and that “inclusion” in corporate language should be replaced by “Diversity”. This shift is not just confined to corporations. It
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In 2018, companies of every size in the United States faced a challenge. While the “great resignation” of the COVID-19 era had caused a rift in labor markets, the “great re-invention” was creating an overwhelming challenge for companies trying to retain employees in a “talent-starved” market. Shifting Winds DEI in Corporate America. Companies, particularly Fortune 500 firms, had to consider how to attract, retain and grow their workforce,
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As the head of HR, my job is not just to recruit the best talent but also to promote a work environment that fosters employee wellbeing. That’s why in 2021, I’ve created an internal DEI taskforce to accelerate DEI progress. I wanted to address the following issues: 1. Excellent candidate pool is getting scarce. This is due to a combination of factors such as increased competition, a rapidly changing job market, and the pandemic that has impacted remote working. I want to recruit more
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Apart from your own thoughts, we also understand the importance of taking a stand and creating awareness on the current and future state of diversity, equity, and inclusion (DEI) within corporate America. This is especially relevant, and as the COVID-19 pandemic has made us see the need to invest in social justice, the DEI space has seen tremendous growth and expansion. As the workplace changes, so do we, and companies are grappling with the need to adopt new strategies that can create a more equitable, diverse
