It likely doesn't come as a surprise that approximately 90% of companies have diversity programs. It's a nice buzzword that looks good on paper for a company, even if it doesn't actually practice diversity programs.
A new report from the Boston Consulting Group showed that even though many women's companies have diversity programs, a mere 27% said they felt like the benefitted from them.
According to the group, there are some real things that can be done to create actual change. First, a clear business case must be established. Having a more diverse staff and a company focused on these types of initiatives is better for the bottom line, period. Second, men need to be involved in the process. So do white people, and able bodies people, and straight people. It needs to be an effort of the privileged to help those with fewer opportunities. Third, actual implementation matters. If the program looks great on paper but doesn't pan out, a company needs to reassess. And finally, being flexible and open to compromise, especially in individual markets, is crucial.
- Alicia McElhaney / She Spends Issue #9