Advancing Diversity And Inclusion In The Recruiting Funnel
While it has been proven repeatedly that diverse teams generate more revenue, make better decisions and drive increased innovation, many organizations have made little progress with D&I initiatives. That’s because few employers are taking a long view to build sustainable change. How do we tackle diversity, equity, inclusion and belonging (DEIB) more holistically? How do we create that sustainable change in our organizations without knowing what tomorrow looks like? I believe the answer lies in data and using technology to our advantage.
Organizations spend upwards of $8 billion a year on diversity training, despite no evidence that this approach is effective. The answer isn’t necessarily to stop training but to understand why it isn’t working. Training without infrastructural support is like putting a Band-Aid on a broken leg. Likewise, we can’t permanently move the needle on DEIB without a technology infrastructure that provides a continuous understanding of what we’re doing and how it’s working, starting with the ways we recruit and hire candidates.