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A diverse workforce isnât enoughâit must be inclusive to make a difference
When many companies approach whatâs traditionally been termed diversity & inclusion thereâs been a tendency for them to focus more on the âDâ: setting targets and tracking outcomes for diverse recruitment and promotion to senior levels. True, these metrics are vital. But unless thereâs also a focus on the âIâ, underpinned by action to embed a culture where all individuals cannot only survive but positively thrive, the whole strategy will fail.
In other words, while both inclusion and diversity (I&D) are business critical, neither is enough on its own. And historically itâs the culture element thatâs received too little attention. Often because itâs harder to pinpoint and to measure, hard to change, and it takes time. When thereâs a glaring issue to address like low workforce diversity, itâs often tempting to go for a quick fix. Measures such as recruitment targets seem to provide that, since the needle can be moved on them pretty quickly to give a sense that progress is being made.
By contrast, culture change takes far longer, because it involves modifying the behaviour of people across the business. Therefore whatâs needed is a dual approach, overlaying short-term diversity-focused KPIs with a longer-term vision and drive to shift the behavioural norms, backed by strong, visible leadership commitment and role-modelling.
For any business, I&D isnât a nice-to-have, but a commercial imperative within and beyond the organisation. And itâs vital to address both the âIâ and the âDâ â powered by the right culture and leadership behaviours on the one hand, and the right metrics and targets on the other.
At PwC we understand that helping organisations to have a more inclusive and diverse culture represents numerous opportunities. Organisations can not only build a more sustainable and effective business but broaden their reach into the market, increase their engagement with broader stakeholder groups, and help create offerings that are both innovative and unique.
Our approach includes data-driven analysis combined with a qualitative assessment and comprehensive review of policies and processes to identify your organisationâs needs and requirements. This provides us with the necessary insights to work with you to design a bespoke I&D action plan that includes a programme of initiatives with both short and longer term goals and KPIs.
As part of PwCâs global Workforce practice, our I&D team brings together a differentiated combination of industry, business, strategy, talent, HR, analytics, legal and technology expertise with more than 6,500 people in 117 countries.
That means you get a team with the right skills and experience wherever you need us around the world to help you deliver the value youâre looking for â from people strategy through to organisational execution.
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Partner, Workforce Transformation, PwC South East Asia Consulting, PwC Singapore
Tel: +65 9660 5011