: Engaging Leadership Diversity and Inclusion July 2014 North Carolina Coastal SHRM Boston and Associates LLC All Rights Reserved “It is not our differences that divide us. It is our inability to recognize, accept, and celebrate those differences.” - Audre Lorde, author, poet, activist Boston and Associates LLC All Rights Reserved A Changing World • • • • • • • 5 Year Plan 2 Generations at Work Respect for Experience Respect for Authority Single Location Teams Workforce: White Male Technology Change • • • • • • • 6 Month Plan 4 Generations at Work Respect for Results Challenge Authority Global Virtual Teams Diverse/Multi-Cultural Constant Technology Change Automotive Changes Boston and Associates LLC All Rights Reserved Technology Changes Boston and Associates LLC All Rights Reserved Boston and Associates LLC All Rights Reserved The Velocity of Change • Over 300 of 3100+ counties in the U.S. have “minority majorities” • Over 57 % of college graduates in the U.S. are women • 40 % of the retiring Baby-Boomers will be replaced by minority managers • India has twice as many college graduates as the U.S. and they all speak English • China has three times more college graduates than the U.S. New Realities* • • • • • • • • Boston and Associates LLC All Rights Reserved Population over 65 increased - 31.2 to 35 million 60% of Baby Boomers work past retirement age Females increased from 127 to 143.5 million 28.9% of 72.3 million families - one disability By 2020, 5 Generations; Gen Y 50% of workforce Nearly one in three of population – Hispanic Fast growing ethic group - Asian By 2050, 54% of the U.S. Population will be nonwhite *Comparison: 1990 to 2000/2010 U.S. Census Boston and Associates LLC All Rights Reserved Diversity Isn’t... • • • • • • • Affirmative action or quotas A legal requirement Having “good” minority representation Placing/promoting unqualified candidates An effort to exclude white males Simply “valuing” Diversity An attempt to change minds Boston and Associates LLC All Rights Reserved Diversity Is… …a process that can influence workplace behavior. Any dimension that can be used to differentiate groups and individuals from one another. Boston and Associates LLC All Rights Reserved Inclusion is …… …. the achievement of a work environment in which all individuals are treated fairly and respectfully; have equal access to opportunities and resources; and can contribute fully toward an organization’s success. Boston and Associates LLC All Rights Reserved Diversity and Inclusion • Diverse organizations aren’t necessarily inclusive • Inclusive organizations aren’t necessarily diverse • Diverse organizations do not necessarily outperform non-diverse organizations • Well-managed and inclusive firms that are diverse often outperform non-diverse and poorly managed diverse firms Dimensions of Diversity Model Boston and Associates LLC All Rights Reserved My View of the World • Product of our life experiences • We are all “wired” differently • We categorize things, ideas and people viewed through our “lenses or filters” • Self-Awareness helps us to be more open-minded, entertain new ideas, and work more effectively with others Boston and Associates LLC All Rights Reserved “We don’t see the world as it is, we see it as we are.” - Anais Nin My View of the World Boston and Associates LLC All Rights Reserved *The Power of ‘7-11’ Boston and Associates LLC All Rights Reserved 7 Seconds 11 Assumptions Become aware of your views and how they impact your relationships and decisionmaking *”Blink: The Power of Thinking Without Thinking”, by Malcolm Gladwell Discrimination… Boston and Associates LLC All Rights Reserved • Treatment or consideration of, or making a distinction in favor of or against, a person or thing based on the group, class, or category to which that person or thing belongs rather than on individual merit • The power of making fine distinctions; discriminating judgment Segregation… Boston and Associates LLC All Rights Reserved • Segregation of groups that arises as a result of economic, social, or other factors rather than by operation or enforcement of laws or other official state action • Separation based on discriminations Boston and Associates LLC All Rights Reserved However, If Aliens Attacked Earth… Boston and Associates LLC All Rights Reserved The “Business Imperatives” for Diversity Employee Satisfaction & Commitment Fair and Inclusive Work Environment Increased Revenue & Profitability Organizational Sustainability Employee Retention Productivity & Quality Products /Services Customer/ Member Satisfaction Customer/Member Loyalty 1. Retention 2. Repeat Sales 3. Referrals ©SHRM The Business Imperatives Boston and Associates LLC All Rights Reserved • Valuing Diversity creates a higher quality workforce and better business results • Greater adaptability/flexibility in a rapidly changing marketplace • HR – war on talent – retention: attract the best and brightest; improved employee engagement; succession planning • Reducing costs associated with turnover, absenteeism and low productivity • Mitigate and minimize legal risks The Business Imperatives Boston and Associates LLC All Rights Reserved • Positions your organization to achieve and sustain a competitive advantage in a culturally diverse market and workplace • Diversity of thought promotes inclusion, innovation and creativity • Diversity supports the communities in which you do business • Increase employee satisfaction/engagement/ loyalty • Increased sales and profits Boston and Associates LLC All Rights Reserved Why is D&I Important? Sources: Cumulative Gallup Workplace Studies and DiversityInc Boston and Associates LLC All Rights Reserved What is Your Leadership Philosophy? • • • • Committed? Involved? Engaged? Champion or Flag Bearer? Boston and Associates LLC All Rights Reserved The Focus of Winning Companies •CEO Commitment and Involvement •Talent Management •Sustained Corporate/Organizational Communications Strategy •Supplier Diversity •Diversity AND Inclusion AND Employee Engagement •Alignment with Core Values Measuring Diversity Success Boston and Associates LLC All Rights Reserved • Improvement in Employee Retention • Improvement in Employee Engagement • Responses to Employee Attitude Surveys • Quality and Diversity of Talent Pool • Exit Interviews with Diverse Employees • Customer Satisfaction Scores 2010 Diversity Executive Measuring Diversity Success Boston and Associates LLC All Rights Reserved • Progress Toward Defined Diversity Targets • Diversity Scorecard Results • Decrease in Legal Compliance Issues • Market Share • Internal Survey of Diverse Employee Opinions • Increase in Brand Recognition • Increase in profitability 2010 Diversity Executive Boston and Associates LLC All Rights Reserved Diversity & Inclusion–Challenges Brainstorming & Discussion Exercise • Break into subgroups • Select a recorder and a reporter • Brainstorm the following question? What diversity related issues, concerns or challenges does your organization face? • List as many as possible • Discuss items that are surprising and those on which group members have differing views. Thoughts… Boston and Associates LLC All Rights Reserved • Become culturally competent and intelligent • Building a strong business and values case most important step in gaining support and commitment • D & I, when managed well, will improve bottom line and ensure your organization’s viability • The task of creating and implementing a Strategic Diversity Management Plan is necessary work Boston and Associates LLC All Rights Reserved Serenity Prayer “…Grant me the serenity to accept the things I cannot change, the courage to change the things that I can, and the wisdom to know the difference…” Rehinhold Niebuhr OR Boston and Associates LLC All Rights Reserved Grant me the serenity to accept the people I cannot change, the courage to change the person I can, and the wisdom to know that person is me! Questions or Comments? Boston and Associates LLC All Rights Reserved Boston and Associates LLC All Rights Reserved Val Boston III, Managing Partner Certified Diversity and Leadership Coach Boston and Associates LLC 336-202-3348 val3@bostonandassociates.com www.bostonandassociates.com http://www.linkedin.com/in/vboston3 "Improving Performance for Lasting Results" Boston and Associates LLC All Rights Reserved Boston and Associates LLC Boston and Associates LLC brings proven, practical solutions to business challenges with a clear focus on the bottom line. With an emphasis on Strategic Inclusion and Diversity Consulting, Cultural Competency and Intelligence, Executive and Minority Coaching, Sales Optimization and Performance Improvement Consulting, and Career Transition Services, we represent a network of subject matter experts and thought leaders dedicated to providing solutions, not promises, with a true commitment to quality for all Human Capital Management needs. We assist organizations in creating and sustaining inclusive environments, which allows organizations to attract and retain top talent and to achieve their strategic objectives and anticipated business results. The information contained within is intended to be a confidential communication, and is to be treated as confidential. All works, ideas, or copy within are copyrighted by Boston and Associates LLC, and are not to be used in any manner other by which they were intended by Boston and Associates LLC.