Implementing the DEI Organizational Values the Right Way

DEI is widely recognized as one of the imperative organizational values for companies. A diverse and inclusive workplace is one in which everyone, regardless of who they are or what they do for the organization, feels equally included and supported in all elements of the workplace. The representation of people from varied origins and cultures is referred to as diversity, whereas inclusion refers to the contributions they make. Creating a work culture that supports real diversity, equity, inclusion, and belonging is vital because it leads to greater revenue growth, increased innovation readiness, diversified talent pool recruiting, and improved employee retention. However, there might be a possibility your organization is implementing DEI the wrong way. Hence, social entrepreneur Paolo Gaudiano provides key insights on implementing the DEI organizational values the right way.

The video highlights that the emphasis on diversity (D) over equity (E) and inclusion (I) is a core issue in organizational values. The video suggests that focusing solely on diversity, such as increasing representation, often neglects the need for inclusive environments where diverse employees can thrive. The video points out that companies lack tools to measure the impact of diversification on organizational performance. According to the video, this leads to accusations of reverse discrimination, especially when diversity goals appear to threaten the status quo. The video suggests that the actual problem lies in retention and advancement of diverse talent rather than merely recruitment. 

The video suggests that addressing DEI should not be about ticking boxes but creating an environment where everyone can perform at their best for organizational values. According to the video, exclusion of any kind, based on personal characteristics, leads to decreased performance and productivity. The video stresses that equity is what organizations should aim for, as it signifies fairness in treatment and opportunities for all employees. Creating inclusive environments will naturally lead to more diverse and equitable organizations, ultimately benefiting the business, the video concludes.

Companies should invest more in DEI to fulfill their responsibilities to shareholders and improve organizational performance. The preceding text highlights the importance of implementing these organizational values the right way.