Since the 1980s, companies have increasingly adopted diversity policies to improve the representation of women and racial minorities in the workplace.
Today over 95% of companies with at least 1,000 employees have instituted programs to increase diversity and inclusion within their ranks.
Despite this, we know remarkably little about how people feel about these programs, and even less about why they feel the way they do. This is a major knowledge gap. Research shows that diversity programs are more effective when workers support them — and when done correctly, they offer great opportunities to improve workplace equity and, ultimately, firm performance. At their worst, however, they can stimulate resistance and actually create an even more challenging environment for underrepresented workers.
To help companies take full advantage of these programs and close this knowledge gap, we conducted a study guided by the following three research questions:
> Read the full article on the HBR website
By Danny Lambouths III, William Scarborough and Allyson Holbrook
Unilever is kickstarting a global target to ensure that anyone who provides goods and services to the company earns at least a living wage or income, by 2030. In line with this, the company aims to spend €2 billion (US$2.4 billion) annually with suppliers owned and managed by women, under-represented racial and ethnic groups, people with disabilities and LGBTQI+, by 2025.
An industry-backed collaboration has launched a program to provide scholarships, internships, mentorship, and leadership development for students pursuing STEM degrees at Historically Black Colleges and Universities.
Forbes presents its list of 100 most powerful women in the world currently.