How business success aligns with diversity equity and inclusion

[Music]

you know it’s it’s

fascinating to think that our our

workplace and our approach to dei

largely hasn’t changed following

about immediately post world war ii but

then you look at who our workforce is

now it’s 47

female and 49 of

millennial workers who make up the

biggest share of the workforce

are people of color and so if you’re not

hearing from those people

you are leaving an immense amount of

good ideas on the table

and you’re just leaving money on the

table and so

you know in just an increasingly

competitive environment

that’s how you get your competitive

advantage i mean they’re already there

you’ve already done the work to bring

them to the workplace

and so you know it can be that you’re

looking at that from

a product design lens that you just want

to create products

that appeal to a wider audience

it can be that you’re looking at this

from a risk mitigation perspective

you know we’re seeing that organizations

that have more diverse leadership

bounce back more quickly following

recessions and you know yeah we see from

an innovation lens it’s really cool to

see

tech companies that employ more

inclusive strategies

end up producing more patents so they

just

end up creating more and it has a bigger

impact on who their consumer base is you

know and how they’re perceived how other

people perceive their brand

yeah this just sounds like a win all

around to make forward progress

to recognize for companies that are at

the starting line that that’s in fact

where they are

and that there’s a lot of distance that

can be traveled

from there in your ted talk you

described

the uh you know the destination point of

true gender equity being reached in a

distant future

are there companies that are moving that

um

that finish line or that new state line

closer faster than others and are there

any examples of those that are actually

close you know in near term now given

the value and benefits

of gender equity

patagonia we really look at patagonia as

a great leader in this space

um they’ve always been a player that

just says okay show us the research

on what is going to be the best for our

underrepresented employees and we’ll do

that thing

and so you know they were kind of one of

the first to do that with pain leave

they’ve had great flex work policies and

it shows so they report just

having close to zero attrition of their

employees

they’re just not losing anyone because

people are happy and they want to stay

um salesforce mark benioff has

done i want to say he’s not just done a

lot of work he’s been very vocal about

the work they’re doing

in a way that goes beyond pr um so we

really look to them as a leader as well

where you know he’s he’s talked about

this publicly

that he realized one day they’ve never

done a true pay gap audit in their

company

they did one they found gaps and then he

just said we’ll close that

like pay the people more do it he went

completely public about this and told

everyone we have pay gaps

instead of doing this like hush keep it

behind the scenes

so he set a great example for other

businesses

and then you know the next step he took

that we really find to be the most

important

is that then he said let’s look at the

systemic factors that caused this pay

gap in the first place

which you know is what we really look to

leaders to do that people do these pay

gap analyses and they treat them like

pay gaps happen in a vacuum

and so then they will pay the employees

who were making less the speaking of

broad strokes

you know they’ll pay them to close that

gap and it’s a short-term

fix and so we say yeah that’s great go

and close this gap because those people

deserve to be paid more

but in three years you’re gonna have a

pay gap again you know that problem is

gonna come right back and it’s gonna

resurface

so you know it’s just a symptom of

something else that’s really underlying

and then you know locally in seattle um

evia events

is one of our our recently certified

organizations

um you’re familiar with them i think

they actually did some production work

with ted

um they are doing great work in this

space especially just because they

center it

on such a consistent basis that you know

yes they put these policies in place

like they do blind resume reviews now

they standardize their performance

evaluation practices

um they’ve really structured their

mentorship so that everyone is equal

access to senior leaders

and then you know from what i see in

their blogs and what i hear from their

employees

it’s like they talk about equity and

inclusion every week you know

it’s not just something where like they

give water bottles to women on

international women’s day and make a

statement that they care

they really do put in the work and it’s

shown

in their products that they offer that

you know they’re more inclusive in terms

of

multiple languages being offered in

their captions

for you know the digital products that

they provide

and really they design everything they

do with an equity lens so that’s super

cool to see

um and then yeah i just i look at you

know

it’s hard not to just focus on

organizations that we certify but nia

impact capital

is another great one they were our first

one and they

are an impact investment firm and so the

interesting thing about them is that

they started

i mean they were founded with a gender

lens their founder

said let’s have a you know gender

forward investment portfolio so it’s the

thing that they cared about

and they still found that they had a lot

of work to do

you know when we assessed them you know

it was this great moment for them where

i mean they literally were created to

further

the purpose of gender equity and they

still

found when it came to evaluating their

own practices and processes that they

had changes to make

and you know similar to mark benioff

they were very public about them

they said these are what our gaps were

and this is what we did to change them

and you know i don’t think they’ve lost

an employee since

you know i think employees are there and

engaged and just have this sense of

pride

in what they do and

you know it almost sounds like a drive

towards business

success is a great dni de ni

driver right i mean everything you’re

mentioning are specific

uh research-based practical

they each and collectively show positive

business results

um and employee satisfaction improvement

results

um so it sounds like it’s

you know all just across the board

beneficial for companies and

um producing powerful results at at all

levels

um taking it back to the uh

you know the the fact that there is this

mix of unconscious bias plus uh

organizational inertia and historical

system systemic dynamics in place

there there may be some programs that um

that make claims to do a

significant significant um change in de

ni

but only kind of really scratched the

surface

how can a company distinguish between

a something that sort of is a a band-aid

on something that needs some more

significant overhaul

that’s a great question so we

you know whether or not you’re you’re

going to end up working with jen

we say you know if you’re an employer an

employee a consumer who wants to spend

money in alignment with your values

ask what the criteria are behind

you know whether they’re a consultancy

or a non-profit organization or a best

workplaces

to work list ask what the criteria are

ask what they’re measuring

um what gets measured matters you know

and it ends up driving the focus in an

organization

so if an outside consultancy comes in

and says

you just need to focus on representation

that’s a problem

if that is their only set of criteria

because you know if you’re a giant

organization like amazon you can

afford to essentially rehire and rehire

and rehire so representation numbers

look

great but they may be bringing people

into the organization

that they’re not really ready to include

you know where they’ve

put up new window dressing but they

haven’t fixed the house and so

you know we put all of our criteria

online for a reason

you know we kind of joke that we test

let it like we put it out there and we

say even if you don’t work with us feel

free to use these

design your organizations and be equity

centered but those are also meant to act

as a kind of checklist for people to

look at so that you know

if you’re interviewing for a job you

know

you can ask how have you standardized

your performance evaluation practices

how do you ensure

you know women and minorities get equal

access to professional development

opportunities here

and there are ways that they should and

shouldn’t be doing those things

um you know one of the

the things that we look at with a really

critical eye are

other lists because that’s why it’s why

we created what we’re doing

um and so frankly you know i sit

in conversation after conversation with

potential certification candidates

that say you know wow you have

actionable

insightful recommendations but we’d have

to do the work

and frankly we look at these guys over

here and we can write them a check for

ten thousand dollars

make a public statement that we’re

committed to equity and we’re good and

so

you know we’re sorry but we’re going

with that approach

and i understand why um

but it does make it so that those of us

who are you know working with

organizations to make authentic change

are up against even bigger barriers

you know and it makes it that much more

confusing for women and people of color

to assess

where they’re really going to be

appreciated you know and who’s going to

honor their ambitions so we just we ask

everyone look for criteria and if you

can’t find any that’s a red flag

you know if you can’t find any that

probably means that a consultancy went

in

and said yes you’re great you’re doing

everything right

you know you can check the box and tell

your employees they have nothing to

complain about

um and go on your way so if they don’t

have criteria that’s a problem

so it is critical that organizations

recognize

the necessity of actually doing some of

the work i’m struck by

how the way that work gets recognized

and even how it gets implemented can

look really differently

it can seem like an incredible amount of

work but when

at the end of the day it might come down

to things like

having an extra minute during a meeting

to give people a chance to respond

that’s the kind of work like it’s just

good for your relationship

work right it you know it may seem hard

at first

but once you do it you see the benefits

right away

you know improved interactivity improved

closeness improved

uh cross-pollination of ideas improved

engagement and improved energy is that

also true um more broadly do you think

that

organizations see the benefits in in

that kind of a light um does that help

become a motivator if it is

that helps them get over some of the

hurdles of the work

absolutely i mean i think

yeah there’s an inertia right there’s an

inertia to overcome

and i think what we see is once they

take the first step

they find out it’s not that bad like

it’s really

not the nightmare situation that a lot

of people envision

in fact it’s usually just really

positive and exciting

and employees are happy that it’s

finally happening and they’ve finally

been heard

you know it doesn’t turn into this place

where it’s like all the men are going to

lose their jobs

like that really is not the outcome it’s

that the people who are

there are finally being seen um

and so yeah i mean i think whether or

not it’s a motivator it’s something that

organizations

eventually experience and it’s probably

the most common piece of feedback we get

is just this isn’t what we thought it

was going to be

you know really grateful that we did it

um but it is that first step that’s

that’s the hardest it’s like lacing up

the running juice is the hardest part

right to be cliche

um and for a lot of them you know to be

completely honest they come to us

because they’ve had a discrimination

complaint or they’ve had something

bad happen that finally is kind of their

wake-up call

where they realize that you know they

really do

need to do something different and then

they find out that this really um is

about changing systems

you know they find out that it’s about

changing some processes

and a lot of them they’re just plug and

play it’s like

you change them once and you’re set to

go

so it’s really more efficient than doing

like

trainings every year and just trying to

be better people you know it’s just that

onus from the employee to the

organization in a way where we hope they

people don’t actually have to constantly

think

about whether or not they’re

incidentally being biased

because these processes should protect

against it even if they’re being biased

so in a way if we are

not consciously including we’re probably

unconsciously excluding

um we’re coming to the end of our

time together now i’m wondering if you

have any

closing thoughts or uh call to action or

final takeaway that you’d like to leave

us with perhaps a broad

statement that could apply to lots of

different people whether they’re

business leaders or employees

i like that um i mean the thing that you

just said is great you know

i think some of the feedback we hear a

lot of times that’s a little bit

sad people think you know okay well if

we have to bring in

you know a lot more underrepresented

people does that mean that we have to

lower our standards

which is an unfortunate way of thinking

about it and you know one of the things

i bring up like it’s not

that you’re necessarily you’re not

having to bring in anyone who’s not

qualified it’s that you’re finally

bringing in

everyone who’s qualified you know that

you’ve been

leaving people out unintentionally

by not including them via your processes

um you know i think just in the times

that we’re in

and i think this will will probably stay

true

um a lot of organizations and

in the wake of me too and now you know

as black lives matter really gains a lot

of momentum

organizations are revisiting their

diversity numbers for the first time in

years

and they’re finding out that they

haven’t budged you know and they’re

saying how did this happen

how could this be and you know

kind of two recommendations i would just

make for them

is this time around you have this

renewed energy and that is fantastic

don’t stop at a recruiting strategy you

know if an organization comes to us for

recruiting

i will insist that they need a retention

equity and inclusion strategy

because it’s not fair to bring

underrepresented people into

organizations that aren’t ready

for them um and the other one if i think

if there was like a slogan

like a drop on organizations it would

just be that dei

is not your company kickball team so

please get experts to work with you if

you don’t have anyone in-house we see

a lot of companies treat diversity

equity inclusion

like this fund extracurricular like

kickball where they’re like hey we’ve

decided to start a dei task force

you know whoever is interested show off

wednesday with your best ideas

and you know would you do this with it

with accounting would you do this with

operations or any other business

critical function

um no so when we see companies do that

you know when they take the kickball

approach

this is what happens is a lot of

googling occurs

which leads to like your cached

algorithms bringing you to links that

make you feel comfortable

and then there’s a lot of infighting

about what people should do

and then everyone stares the one person

of color or woman in the room and says

well what do you think

um and that person’s in a really risky

position at that point

and they can bear you know a huge amount

of risk and being honest with people

so we really just asked organizations

please call an expert

ask what their criteria are to actually

help you

treat dei like any other critical

business function

and you’ll see huge success for both

social factors and financial

thank you sarah that is just wonderful

to see it

laid out and clearly expressed the way

you do uh

you know and here’s to a a near-term

future

and hopefully a broad-wide deep future

where everyone is deeply meaningfully

included in

every aspect of the work and we bring

everyone’s contributions

to bear against the business critical

functions that we all want to

deliver on sarah thank you so much um

really really appreciate you taking the

time chris thank you phil

i appreciate it