The buzzwords that describe the Business Case for Diversity Management are quickly listed up: Creativity, employer brand, collaboration, market access. But is it enough to be convinced of some value-add that D&I offers? And what if your key stakeholders were convinced of different benefits? Alignment and rigour are needed in order to turn the business case into a driver for D&I.
Die alternde Gesellschaft steht in den Medien häufig für Pflegenotstand oder Rentenunsicherheit. Analysen der KfW Bankengruppen zeigen nun, dass die positiven Effekte der Konsumausgaben älterer Haushalte stark unterschätzt wurden. So wie die Zielgruppe der Senioren selbst.
Diversity practitioners often need to prove the business value of specific aspects of their work: Does Diversity lead to more patents, does Inclusion result in more productivity or will D&I overall impact the bottom-line in a positive way? These and many other facets of the Business Case for D&I were examined by robust research projects that are now available in a unique compendium: IBCR 3.1 Continue reading
Two new studies show the positive impact of managerial gender diversity on firm performance and on managerial diversity and operating profit margin respectively. In addition, they reveal more detail about the complex connections between D&I and the bottom line.
In an online article, the BBC has recently shed light on the disability market and presented companies tapping into that potential. The collective spending power of people with a disability, their friends and family, is described as a large segment: The so-called ‘Purple Pound’ incorporates about 20% of all consumers and is valued at £212 billion, in the U.K. only.
A current study by International Alert shows that pupils from different backgrounds view each other more positively when they learn together in mixed classes compared to those studying separately. The finding is particularly relevant with regard to the stereotype reduction effect it shows which is relevant in many everyday workplace situations and for segregated education approaches that still exist.
The most current Demography Report from the European Union’s statistical office EuroStat provides concrete numbers for many of the trends that Diversity practitioners often refer to. Ageing, gender gaps, migration and individual life styles. It also includes some figures from individual countries.
Many studies claim to describe the business benefits of D&I. Critics, however, often challenge the research methodology or other aspects. The updated 3rd edition of the unique International Business Case Report (IBCR 3.1) contains 1-page summaries of 203 studies which were all checked for significance, robustness, validity, reliability and, if applicable, for statistical bias.
A study recently published by McKinsey examines the status quo of gender equality around the world and the implications for the economy. They calculated the opportunity costs of missing parity between men and women and conclude: A lack of gender equality is very costly for the whole economy – both in developed and developing countries. In this article, we summarise the key aspects of the study for you.
A large-scale survey in some 100 companies and other organisations from 10 EU Member States investigated, among other fields, the variety of Diversity Management practices of immigrant inclusion and their direct and indirect effects. The focus was on migrants from so-called Third Countries. The research also looked at constraints and criticalities as well as mechanisms and conditions that emerge as facilitating factors so that the programmes and processes lead to the desired outcomes. The focus of the report on migrants from Third Country Nations couldn’t be more relevant today, as the EU is coping with an expected 1.5 million refugees.
Die veränderten Lebensweisen in einer mobilen, individualisierten und virtualisierten Welt verlangen neue Wege der Vereinbarkeit von Beruf und Privatleben. Dass hierfür keine simple Checkliste ausreicht, sondern zahlreiche Abwägungen zu treffen sind zeigt einmal mehr eine Befragung von A. T. Kearney. Sie bietet aktuelle Zahlen zum Bedarf an Flexibilität und zum Wunsch nach Nichterreichbarkeit.
Der Automobilhersteller VW zeigt in einer Marketing-Kampagne für den neuen Sharan unter dem Motto „Familien wissen, warum“ typische Alltagssituationen von Eltern von Heranwachsenden. Das Besondere: gezeigt wird unter anderem auch eine Regebogenfamilie; zwei Väter mit ihrer pubertierenden Tochter. Während schwule und lesbische Paare nichts Neues mehr in der deutschen Werbewelt sind und sogar traditionelle Familienunternehmen wie Brandt mit ihnen werben, ist die TV-Werbung mit Regenbogenfamilien neu. Warum sich Gay-Marketing für Unternehmen lohnen kann und weswegen damit eine weit größere Zielgruppe als nur Lesben und Schwule angesprochen wird, erfahren Sie hier.
Many Diversity programmes are tailored for members of specific minority groups such as LGBT employees, employees from different cultures, religious groups or people with a disability. Does this approach effectively demonstrate the value of differences or is it a reminiscent of Affirmative Action that, at times, leads to exclusion and reinforced stereotypes? A recently published Dutch study provides additional evidence that all-inclusive Diversity approaches which focus both on minority and majority groups are, in many respects, more effective than isolated programmes.
Die Börse Hannover lancierte kürzlich eine neue Orientierungshilfe für private und institutionelle Anleger, die beim Investieren das Kriterium einer hohen Gender Diversität besonders berücksichtigen wollen. Dieser GERMAN GENDER INDEX umfasst 50 Aktien deutscher Unternehmen, die bei der Unternehmensführung durch ein ausgewogenes Verhältnis zwischen weiblichen und männlichen Führungskräften in Vorstand und Aufsichtsrat hervorstechen. Wir stellen den Index vor und werfen einen kritischen Blick auf das zugrundeliegende Konzept.
A systematic literature review on careers and workplace experiences of LGBT employees has recently been published in the Human Resource Development Review. It contains a discussion of empirical findings from 263 manually selected studies dating from 1985 until today. The content emerges from within business, management and broader social sciences disciplines. We have exclusively summarised the most important results on LGBT Diversity as a contribution to this year’s Pride season.
What are the bottom-line effects of cultural or ethnic diversity? How can companies benefit from this kind of diversity and at the same time avoid possible negative side effects? This exclusive extract from IBCR 3.0 presents two sample studies featured in the unique compendium of business case studies.
With networks for gay and lesbian employees having become a standard practice, the absence of LGBTI integration in many aspects of work life is often overlooked: transgender persons, gay employees in organisations belonging to the Catholic church, gays or lesbians in top management, homosexual images in advertisement. In two areas, we have seen surprisingly strong progress within a space of a few days: The Council of Europe adopted a comprehensive report on the discrimination of transgender people and a resolution based on this report passed its Parliamentary Assembly. Five days later, the German Bishops’ Conference adopted an amendment to its ecclesial labour law, which is likely to result in a huge improvement for LGBTI employees.
Diversity & Inclusion evidently promotes performance, productivity, customer satisfaction, brand image, and competitive edge – we say. The International Business Case Report (2014) now underscores the accuracy of this statement with unprecedented empirical evidence. The 3rd edition of the unique (global) research report summarises 195 studies which illustrate the benefits and value-added from Diversity & Inclusion management in a robust, reliable and valid way. Furthermore, it reflects Diversity in its composition and structure.
A study published in the Journal of Business Ethics shows that both organisational age diversity and age diversity management practices strengthen an organisation’s attractiveness and lessen the applicants’ expectation of age discrimination. However, the study finds two different groups of people with distinct reactions to age diversity (practices).
A recent survey investigated senior business leaders’ concerns about people-related M&A issues. It shows that these issues are perceived as ever more important while uncertainty about some aspects persists. Fortunately, Diversity Management can help addressing the challenges related to the most widespread concerns.