Whats New?

Over 170 companies pledge to promote corporate diversity

Diversity and inclusion is getting a big boost of support as 175 senior executives and CEOs are making the pledge to support the initiative inside their own companies.  According to reports, these organizations are agreeing to develop diversity goals within their corporations and creating a committee to ensure that all participants follow through.  Some of the companies that have signed up for the new initiative include IBM’s Ginni Rometty, PepsiCo’s Indra Nooyi, American Express’ Kenneth Chenault, CBS’s Leslie Moonves, and Walmart’s Doug McMillon.

The concept of the diversity and inclusion program was spearheaded by PwC’s US chairman Tim Ryan.  “Ryan told Business Insider that the seed of the idea was planted when, during his first week as senior partner at PwC late July, a gunman killed five white Dallas police officers amid a peaceful protest in the city against the police killings of African-American men Alton Sterling in Louisiana and Philando Castile in Minnesota. As Ryan prepared for his new leadership role within the company, he began thinking about how the intense racial tension in America was affecting his employees.”  In developing the key points of the CEO Action for Diversity and Inclusion initiative, members agreed to 3 actions to promote and advance the program:

  1. Build trust within the organization through “complex, and sometimes difficult conversations about diversity and inclusion,”
  2. Develop and implement unconscious bias training for all employees, and
  3. Share all best practices as well as failures in this area with all members of the initiative

According to Inc Magazine, “Ryan is joined in the initiative’s steering committee by the CEOs of Accenture, BCG, Deloitte US, the Executive Leadership Council, General Atlantic, KPMG US, New York Life, and Procter & Gamble, as well as EY’s US chairman, Steve Howe. The steering committee is planning on checking in monthly and will be holding a summit later this year.”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: