SHRM-CP 2022: Diversity, Equity & Inclusion Flashcards
Diversity
The similarities and differences between individuals, accounting for all aspects of one’s personality and individual identity.
Legacy Diversity
Traits that are easily recognizable and visible, such as external physical characteristics, culture, ethnicity/race, nationality, gender, age, etc
Experiential Diversity
Diversity based on lived experiences. Where someone grew up, went to school, life experiences.
Thought Diversity
Based on different perspectives, resulting form education and socioeconomic background. Can help prevent “group think” and inject new insights into decision making.
Inclusion
The extent to which each person in an organization feels welcomed, respected, supported and valued.
Equity
Several different meanings in the world of business, so it is important to understand what this looks like in different spaces. For example:
Finance -> ownership
Compensation -> Relative fairness in total rewards
Hiring -> Providing additional resources to those who need them to take fair advantage of opportunities within a company.
Ie, asks the questions “how do we ensure that everyone has the same ability to contribute to their fullest potential?”
Name at least 4 benefits organizations could expect from DE&I.
> Improved creativity and innovation (diverse views make more better business decisions and drive high-performance culture).
Recruitment and Retention (inclusion and diversity help people stay)
Market Strengths (helps you understand more peoples’ perspectives).
Branding (positive image can make you a selling point!)
Global integration and local differentiation
Increased Revenue
Multigenerational
Different generations bring different skill sets and perspectives that can provide value and allows for cross-generational learning, mentoring and knowledge transfer. Different generations require different engagement strategies.
Multicultural
Greater access to diversity of thought/experience and can benefit from more innovation and creativity. Allows appeal to diverse clients/customers and helps with market expansion.
Multilingual
Foster greater diversity, equity, inclusion and more innovation and creativity. Often attracts top talent and new customers due to accessibility and can support bridging gaps in understanding.
Multitalented
Flexible and able to adapt to fast-paced changing situations and environments. Generally more collaborative but can lead to challenges with retention if multitalented employees feel dissatisfied or unchallenged.
Multigendered
Leads to more innovative thinking and idea exchange, able to attract top talent better (especially non-male) and can signify forward thinking orgs and leadership.
What are the 3 main reasons a DE&I initiative requires comprehensive and organization wide efforts?
Priority, Complexity, Resistance
Priority - can only be effective when it is a strategic priority and is linked to business strategy with full org buy-in.
Complexity - since this is org wide, there will be a large number of moving parts to navigate.
Resistance - change is hard! Having a plan to help avoid resistance will be critical for the plan to stick.
What are the 6 basic steps for building a framework to achieve DE&I goals?
1 - Educate your Leaders 2 - Form an inclusion council 3 - Celebrate employee differences 4 - Listen to employees 5 - Hold more-effective meetings 6 - Communicate Goals and Measure Progress [ie - set SMART goals]
SMART Goals
S - Specific M - Measurable A - Achievable R - Relevant T - Time-Based
Name at least 5 key factors critical for DE&I initiate success.
> Leadership buy-in > Executive Sponsorship > Employee Resource Groups > Allyship > Unconscious bias training > Mentorship > Psychological Safety > Using preferred gender pronouns
Employee Resource Group (ERG)
Also know as an affinity group or network group, is voluntary for employees who share a particular diversity dimension (ex: race, religion, ethnicity, sexual orientation etc).
Name at least 4 criteria for an effective ERG (Employee Resource Group).
> Whether groups have formal charters
Percentage of employees in at least one group
Racial/gender breakdown of groups
Percentage of top executives who are sponsors of groups
If groups are used for recruitment, onboarding, talent development, marketing, mentoring, and diversity training.
Group success is measured on retention, engagement, development and other contributions to business
If resource group leaders have rotational positions on executive diversity councils