DIVERSITY IS GOOD FOR BUSINESS
Our economies are losing billions annually from not fully utilising the talents of all of our citizens.
"The lack of diversity is one of the biggest dangers facing the corporate world today. We don't have all of the voices present in the room that we think we need to have, or that we ought to have."_Leading US pollster Tom Webster from Edison Research
A McKinsey study showed that companies with more diverse workforces see greater financial returns. The study found that “companies in the top quartile for racial and ethnic diversity and those in the top quartile for gender diversity are respectively 35 per cent and 15 per cent more likely to have financial returns above their national industry medians.” Additionally, a 2015 study from Bersin by Deloitte showed that diverse companies had “2.3 times higher cash flow per employee over a three-year period than non-diverse companies did”.
A comprehensive report by the Chartered Institute of Personnel and Development (CIPD) sets out the key business benefits for developing diversity orientated organisations. These include:
- Greater access to different perspectives and sources of information
- Greater understanding of customers
- Better and more authentic communication with customers
- Increased legitimacy
A similar report by the Work Foundation found that:
- Improved company performance
- Improved employer image
- Improved brand awareness
- Improved ability to respond to change and tackle challenges through creativity and innovation
- Innovative approaches to products
- Reflective diversity makes customers feel at home and a deeper emotional connection with brand
The research is clear: Diversity drives innovation and innovation helps drive bottom-line results.
THE NUMBERS INEQUALITY COSTS
Untapping female entrepreneurship could boost the UK economy by £40.8 billion annually this could increase to £60 billion 2030 adding an extra 10% to GDP.
Enabling black and minority ethnic (BME) people to progress in their careers at the same rate as their white counterparts could add £24bn to UK economy each year.
Britain's economy would receive a £45 billion boost if one million more disabled people were supported to work.
Failing to improve low levels of social mobility will cost the UK economy up to £140 billion a year by 2050 – or an additional 4% of Gross Domestic Product.
TALKS
June Sarpong Lecture
With twenty years broadcasting experience June Sarpong is a superb speaker, Sarpong’s presentations are celebrated for their compelling nature, humor and analytical clarity.
Some of her speech topics:
- Why Diversity is good for Business
- Challenge your ISM’s: How to better connect with the “Other”
- Cost of Discrimination: Why discrimination costs us all
- Why Diversify: How Companies Rise and Fall
- Untapped Potential: How to create a new talent pipeline
- Business as Unusual: The future of business and how to create corporate change
- Women Count: The benefits of empowering women in the workplace
- He for She: How men can help close the gender inequality gap
About June Sarpong MBE
June has enjoyed a 20-year career which has already seen her become one of the most recognisable faces of British television.
June has also taken on the world’s most challenging live audiences, hosting 2005’s major Make Poverty History event in London’s Trafalgar Square and presenting at the UK leg of Live Earth in 2007. In 2008 alongside Will Smith she also hosted Nelson Mandela’s 90th Birthday celebrations in front of 30,000 people in London’s Hyde Park.
June was awarded an MBE (Member of the British Empire) on the Queens 2007 new years honours list for her services to broadcasting and charity, making
her along with Princess Anne’s daughter Zarah Phillips one of the youngest people to receive an MBE.
June is the Co-Founder of the WIE Network (Women:Inspiration & Enterprise). WIE first launched in NYC in 2010 and then in the UK in 2012. This acclaimed conference has featured leading speakers from a gamut of industries, previous speakers include: Sarah Brown, Melinda Gates, Arianna Huffington, Donna Karan, Queen Rania, Nancy Pelosi, Iman and many more.
June is co-host of “The Pledge” a weekly current affairs show with Sky News
WORKSHOPS
Challenge Your ISM Workshop
67% of job seekers say that diversity is an important factor when they evaluate companies.
The Challenge Your ISM workshop is especially designed to help organisations understand the barriers presented by “Otherising & Ism’s” (unconscious bias) – and how decision-making can be improved and help to ensure more diverse appointments are made, through a greater awareness of Ism’s.
This workshop can be run for a maximum of 50 delegates, designed and delivered by an experienced and knowledgeable facilitator using up-to-the-minute research from Oxford University and the LSE on this fascinating subject. Participants will start by completing the ISM Calculator, results will be explained in judgement free detail and with information about the role that “Otherising” plays in human decision-making. Participants will learn to apply this knowledge to their own decision-making, especially in relation to hiring and promoting in the context of the equality and diversity strategy; and create a realistic action plan for mitigating Ism’s.
Please note that the programme will be tailored to the individual strategic context of the organisation, following a short diagnostic/planning conversation with the workshop facilitator. All participants will be given a copy of Diversify the book.
Diversify Workshop
Our Diversify workshop will enable your employees to develop a deep understanding of how they can personally contribute to creating a supportive and inclusive culture that will encourage the best talent to stay and grow within your company.
Recruiting, hiring and retaining a diverse workforce is no simple task. Workshop will include facilitated discussions about what diversity is and why it’s important. Though the “Six Degrees of Integration” principal, we’ll help participants understand various biases that exist in us all. We’ll also provide specific tools and action steps that can be immediately implemented within the workplace. Participants will leave informed, well equipped, and empowered to make sustainable change.
BENEFITS OF ENGAGEMENT
Diversify is an ambitious and dynamic offering that will provide a platform that will not only address the issues but also provide solutions.
- Participation in a high profile media proposition
- Opportunity for your workforce to learn & implement effective diversity and inclusion tools
- Brand association with inclusivity
- Opportunity to help nurture the next generation of diverse talent
- Ability to future proof your organization
FOR ENQUIRIES CONTACT:
Victoria Finch
Email: Victoria.Finch@mcsaatchimerlin.com
Tel: +44 (0)207 259 1460
