C-Suite Execs Across the Political Spectrum Reveal in New National Survey that Corporate Diversity Initiatives Critical for Performance and Growth
Survey Highlights
1. Business leaders across the board see diversity initiatives as very important for their business strategy and expect it will become more important in the coming years.
- 82% of business leaders consider diversity initiatives as essential to their business strategy - including many from both sides of the political spectrum. Only 2% of business leaders say these initiatives are not important.
- 67% anticipate such initiatives will grow in importance in the coming years.
2. Diversity initiatives are credited with improving business performance, enhancing talent acquisition and retention, enhancing competitiveness, and fostering innovation.
- 45% of business leaders said the main reason they have diversity initiatives is to improve business performance, improve talent acquisition (43%), and increase innovation and creativity (38%)
- Through supplier diversity, improving innovation and competitiveness (57%) is cited as the top reason to have these programs.
3. Business leaders pay attention to public sentiment, welcome clarity on rules of the road, and want support in the form of data and tools.
- Half of business leaders (51%) say public attitudes influence their company`s decisions on these initiatives, and 60% say that legal or regulatory guidance that makes the parameters of what is possible clear would be very helpful.
READ THE FULL SURVEY
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- - Volume: 24 - WEEK: 9 Date: 2/28/2024 9:17:38 PM -