Inclusion: Fostering New Thinking and Solutions for ERGs ERLI 2016 Business Case – War for Talent 2 © Catalyst 2016 ERLI 2016 Business Case – Shifting Talent Demographics Women and Visible Minorities LGBTQ • • • • • 65% of new entrants are women and people of color. Women have earned more degrees than men at all levels for last 20 years. 20% of working age Canadians are visible minorities, U.S. is 38%. Increase to 32% and 50% by 2021. In Canada, visible minorities are more highly educated (38%) than general population (25%). Veterans – U.S. • • 8% of workforce 1 in 5 of Gulf War Vets in workforce are racially/ethnically diverse. • • 1 in 10 LGBT employees leave because unwelcome company environment. Half hide their orientation at work. Of closeted employees, 31% fear losing connection with co-workers. And 23% feel they would not get development opportunities. Dual-Income/Working Parents • • 70% of married couples with children are dual income. 70% of women with children under 18 are in the workforce. Millennials • • • 50% of the global workforce by 2020. 15% of entry-level age Millennials in the US are foreign born. Globally 90% of 15-24 age are in developing countries. 3 © Catalyst 2016 ERLI 2016 Workplace Reality – Being the “Other” Being “othered” leads to loss of talent for organizations People who felt like “others” were more likely to: • Be in lower ranks (work experience does not explain why). • Receive fewer promotions. • Lack access to visible work assignments. • Have mentors in nonexecutive/non-senior level ranks. • Downsize career aspirations. 4 © Catalyst 2016 ERLI 2016 Workplace Reality – Barriers to Advancement Barriers exist for under represented talent. • Stereotypes, unconscious bias, and untested assumptions lead to missed opportunities. • Exclusion from informal networks leads to difficulty navigating “unwritten rules.” • Lack of role models keep underrepresented talent from feeling included and seeing potential in their employer. 5 © Catalyst 2016 ERLI 2016 Workplace Opportunity – ERGs for Inclusion Inclusion leads to Innovation and Team Citizenship How does inclusion actually contribute to performance? What does inclusion really mean to employees? 6 © Catalyst 2016 ERLI 2016 Strategic Priorities What are the most relevant areas of focus for your ERG? (e.g. Leadership Development) How does this align with your mission? What area of business strategy does this impact/add value? © Catalyst 2016 Prioritize , considering what you can do now with the resources you have 7 ERLI 2016 Key Influencers and Allies Identify the key influencers. Where does the power sit to allow optimal ERG impact? Who can you reach out to in each group? Who will follow up, and when? How will your ERG add value? Demonstrate connectedness to goals (org/manager/ group) HR/Diversity Office Other ERGs and Related Councils Senior Management Middle Management Community Managers of ERG Leaders © Catalyst 2016 8 ERLI 2016 Ally Groups/Key Influencers Objectives Key Influencers Articulate a “Business Case” • Communicate the business case • Reconfirm and enlist executive sponsorship 1. CEO– Major announcements, why diversity 1. Win the work matters, communication about important Clients events, enlist leadership team. demanding 2. Exec. Sponsor– Branding, selling to other diverse teams VPs – connection to core values; business that mirror them competitive advantage/client expectations; – cultivate and high impact and influence; speaker. hire women 3. HR ally– Support achievement of strategic 2. Execute the work HR objectives as they relate to ERG; Diverse teams delivery mechanism to connect HR perform & initiatives/goals with ERG. innovate better 4. Senior Exec. in ERG– role model/speaker; 3. Cut costs exec. influencer, highlight; recognition High turnover of candidate. employees, 5. Local office Business Group LeadersMarketplace Visible involvement, community, support positioning ERG leaders to ERG managers. Why supporting ERG? Why Now? Develop Key Themes • Mission Statement • Tone and Look Understand Multiple Audiences and Address their Needs Key Messages © Catalyst 2016 Timing / Contact 9 ERLI 2016 In Closing Think about the following: • My ERG is ………….. • My ERG is not……………… What will success look like: • 1 year from now • 2 years from now © Catalyst 2016 10
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