REQUEST A DEMO. 02/09/2020 ∙ by Margaret Mitchell, et al. View Transcript. In the world of business, metrics hold a special place—and rightfully so. DIVERSITY AND INCLUSION: UPDATED METRICS AND KPIS OBJECTIVE • Metrics assist in measuring progress and driving accountability, both within firms and in-house teams. Why Diversity & Inclusion . BACKGROUND AND NOTATION Subset selection is a fundamental task in many algorithmic systems, underpinning retrieval, ranking, and recommendation problems. The Culture Makers. In addition, it will provide easy visualizations to help understand what the numbers are saying. Earlier this year I presented with McKendree Hickory at LifeLabs Learning and her presentation was the missing piece to uncovering why diversity metrics don’t work. Diversity wins is the third report in a McKinsey series investigating the business case for diversity, following Why diversity matters (2015) and Delivering through diversity (2018). The specific challenges for diversity and inclusion will likely vary widely from region to region, and employees’ interests and concerns in different regions will likely differ as well. Seven Steps to Meaningful Diversity and Inclusion Metrics. Diversity and Inclusion: From Tactical Metrics to Business Driver March 26, 2020 Ellen Bailey 3 min read Diversity and inclusion (D&I) initiatives have become commonplace within today’s organizations, and with good reason; there’s a business incentive to move the needle on inclusion. Hopefully, you have an HR dashboard that easily calculates the metrics for you. At the most basic level, diversity, equity and inclusion metrics provide a baseline understanding of how the organization is performing. Fortunately, there are a couple of metrics that can help you measure the effectiveness of your leadership practices. ... Diversity Hub is a centre of expertise within HR Metrics Consulting, with a mission to help organizations become sustainable through inclusive cultural and behavioural change. Alphabet rejected the proposal. • We recognise a balance must be struck between the time taken to report against metrics, and the time dedicated to driving real change. Description: Compare customer diversity with the internal, market, and industry benchmarks, and track customer experience, inclusion, and loyalty. With Diversity and Inclusion in the spotlight, there is a growing focus on diversity metrics and diversity reports. However, people of color continue enduring subtle (or not-so-subtle) racism at work. posed metrics are consistent with social notions of these concepts. Diversity and inclusion, or D&I, have been hot topics in the business community over the past few years. Our software platform tracks activities, collects the information in databases and facilitates data driven decision making and reporting on the ROI of the diversity … In the wake of major social and political changes over the past decades, leading companies are taking steps to increase diversity, equity, and inclusion. The ethical concept of fairness has recently been applied in machine learning (ML) settings to describe a wide range of constraints and objectives. Seven Steps to Meaningful Diversity and Inclusion Metrics. Where Culture Makers lead, organizations grow fast. The Forbes Insights survey found that 60% of companies have metrics in place to measure the success of their diversity and inclusion efforts. Ongig’s Text Analyzer enables employers to write more inclusive job content which can help attract more diverse candidates. Climate Metrics. Qualitative data should be used to chart progress and show business benefits. One approach to making this happen is to convert diversity officers and HR departments from compliance police to business partners. Old models of diversity and inclusion are undergoing change, and this trend is expected to accelerate. Thou shalt collaborate with business units and functions to determine how D&I will impact their business strategies, and set goals and measures accordingly. Identifying metrics that define “why” is the first step.” This approach is foundational for a high-performance D&I program. Our current socio-political climate has shined a glaring light on the necessity for large scale change across organizations of any size when it comes to equity, diversity and inclusion (EDI). We formalize the family of diversity and inclusion metrics within this task. Inclusion and diversity are fundamental to our culture and core values. Business Leaders on Employee Diversity and Inclusion. The D&I Index, launched in 2016, ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: Diversity, Inclusion, People Development and News Controversies. When it comes to this concept, the success of diversity and inclusion (D&I) programs is no different. An organisation’s overall diversity and inclusion strategy should be regularly audited, reviewed and evaluated for progress. i4cp. Diversity Best Practices Follow @DBP_News and use #DBPMember to join the game-changing diversity and inclusion conversation! Google is growing to fulfill that vision. Metric: Customer diversity, inclusion, and loyalty. September 23, 2020 by Heather Barbour in Diversity and Inclusion. The Diversity Dashboard is a project management software tool that helps diversity and inclusion professionals understand, publish and defend their work. Metrics in Equity, Diversity and Inclusion. You sometimes see companies over-index on affinity networks and work with groups that don’t deliver impact of diversity and inclusion metrics. Thou shalt use measures from each of the four families. Outcome-based Diversity and Inclusion Solution. The only thing that appears to matter on those scores is increasing participation and retention rates, so your hiring and promotion, and really getting best practices in place. Fast forward. OCTOBER 16, 2017. Diversity and inclusion success metrics. A key component of CEO Action for Diversity & Inclusion™ is the open exchange of ideas, actions and real-life experiences. by Staff | Nov 12, 2020 | Business, Coaching, Community, Diversity, Leadership | 0 comments. Ten Commandments for Diversity & Inclusion Metrics. ∙ Google ∙ 23 ∙ share . Many organizations have claimed that diversity and inclusion efforts have been a top priority for years. i4cp. Diversity is an important topic for leading companies all over the world. Last year, Zevin and others introduced a similar shareholder proposal backed by Google employees that would tie diversity metrics to performance. Signatory Login. Top Diversity, Equity, and Inclusion (DEI) Trends and Best Practices for 2020 and Beyond -- from going beyond the Business Case to discussing the … In the world of business, metrics hold a special place—and rightfully so. Reason #3 – Diversity metrics ostracize white men. Diversity, Equity, and Inclusion Analytics: The Basics. Yet progress in most sectors remains tepid. When it comes to this concept, the success of diversity and inclusion (D&I) programs is no different. No single set of numbers is best for everyone, but here are some examples of metrics that companies are using to increase diversity and create a more inclusive workforce culture. Sense of belonging General sense of feeling welcomed, respected and valued Tags: Diversity Diversity and inclusion initiatives are powerful drivers for the business, but only if they are aligned with the business. In the past few years, we’ve doubled in size—today, we have more than 100,000 employees in 170 cities spanning nearly 60 countries. diversity and inclusion metrics can be integrated into other business practices (Diversity Best Practices 2009). The experience and expertise of our diversity and inclusion consultants make us one of the leading diversity and inclusion consultancies globally. Meet our experts. The metrics will also provide a way to show if any HR diversity and inclusion initiatives are successful. Diversity and Inclusion Metrics in Subset Selection. Those metrics that measure current attitudes, behaviors and standards of faculty, staff and students (undergrad, grad & professional) regarding the access for, inclusion of and level of respect for individual and group needs, abilities and potential. Our rich diversity makes us more innovative and more creative, which helps us better serve our clients and our communities. Science-backed metrics and training on safety, belonging and inclusion to drive change in your organization. You’ve probably heard these topics discussed in meetings, sought out a company that focuses on incorporating D&I initiatives into its culture, or spearheaded a program yourself. These measures also tell you how you are doing in terms of compliance … OCTOBER 16, 2017. Our latest report shows not only that the business case remains robust but also that the relationship between diversity on executive teams and the likelihood of financial outperformance has strengthened over time. Thou shalt not limit thyself to workforce demographics. Google is committed to continuing to make diversity, equity, and inclusion part of everything we do—from how we build our products to how we build our workforce. If we couldn’t measure the impact of our diversity and inclusion efforts and programs, it would be a hard sell among company executives. The Centre for Global Inclusion is a nonprofit organization and home of the free Global Diversity & Inclusion Benchmarks: Standards for Organizations around the world (GDIB). 2015 Year End Demographics LAGGING Headcount metrics are the number of active, full & part time permanent employees at the end of the reporting period. As companies continue to work on better their diversity and inclusion efforts, they're often turning to data as a means to drive improvement.