DEI as a Business Imperative (Strategy Brief)
- Brandon Hall Group
- Learning and Development, Human Resources, Diversity, Equity and Inclusion
As the global workforce becomes increasingly diverse, with Gen Z projected to represent nearly 40% of workers in the coming years, creating an inclusive culture where all employees feel supported is critical for business success. Many organizations are investing heavily in Diversity, Equity and Inclusion (DEI) initiatives, with spending projected to reach $15 billion by 2026. However, to maximize the business impact of these efforts, organizations must take a strategic, comprehensive approach that goes beyond one-time training to embed DEI into the company culture.
Poll results from a recent webinar with Brandon Hall Group™ and EI Powered by MPS show that organizations are focusing efforts on increasing the use of data analytics to understand the impact of a healthy DEI culture on business outcomes (35%) and building targeted development for underrepresented groups (31%).
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