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HR Leader — We’re ‘on the brink of a DEI backslide’: What does this mean for businesses?

HR Leader
The Diversity, Equity, and Inclusion Report 2023 highlights the crucial need for businesses to prioritise diversity, equity and inclusion (DEI) efforts. Kris Grant with the HR Leader discusses how we must bridge the gaps and build trust to create an inclusive workspace.

Promoting strong DEI policies benefits everyone, leading to high-quality leadership, a better understanding of customers, and improved financial performance.

The benefits of effective DEI policy are significant and lead to:

  • 11 times more likely to have high-quality leaders overall
  • 10 times more likely to have a strong leadership bench
  • four times more likely to have leaders who understand and act on changing customer needs and perspectives
  • 3.2 times more likely to engage and retain top talent
  • 2.4 times more likely to outperform peers financially

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