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What is DEI In The Workplace | MyAnova

Published by MyAnova

18 July 2024

In this MyAnova blog, we dive into the essentials of Diversity, Equity, and Inclusion (DE&I) and discuss how embracing these principles can create a thriving, dynamic, and innovative work environment.


 

What is DE&I?


Diversity, Equity, and Inclusion—these three words are much more than buzzwords. They represent a commitment to promoting a workplace where, as defined by Gartner, every employee feels respected, accepted, supported and valued.


 

Let’s break it down:


Diversity: This is about the unique characteristics that make each of us who we are. It encompasses race, gender, age, sexual orientation, disability, background, skills, and experiences. Think of it as the mix of ingredients in a recipe. The more diverse the ingredients, the richer the final dish.

 

Equity: While diversity is about the mix, equity ensures that everyone has access to the same opportunities. It's about recognising that not everyone starts from the same place and working to correct imbalances. Imagine equity as giving everyone the right tools they need to succeed, acknowledging that a one-size-fits-all approach doesn’t work.

 

Inclusion: This is the secret sauce that brings diversity and equity together. Inclusion is about creating an environment where everyone feels welcomed, heard, and valued. It’s ensuring that the diverse mix of individuals are not just present, but they are engaged and their perspectives are woven into the core of the organisation.


 

Why DE&I Matters


Embracing DE&I isn’t just the right thing to do—it’s the smart thing to do. Here’s why:

 

1. Innovation and Creativity: Diverse teams bring a variety of perspectives and ideas, driving creativity and innovation. When everyone’s voice is heard, new solutions and ideas flourish.


2. Better Decision Making: Inclusive environments where diverse viewpoints are considered lead to better decision-making. It’s like having a well-rounded toolkit to tackle any challenge.


3. Employee Engagement and Retention: When employees feel valued and included, they are more likely to be engaged and loyal. High levels of engagement translate to better performance and reduced turnover.


4. Attracting Top Talent: Today’s workforce is increasingly looking for employers who prioritise DE&I. By cultivating an inclusive culture, you attract a broader talent pool.

 


Some Stats For Data-Lovers


Organisations that have strong commitments toward DEI&B are 45% more likely to experience market share growth. Deloitte


63% of employees across all generations said they prioritise DEI programs when it comes to choosing which company to work for, while 73% of Gen Z and 68% of Millennial respondents said the same. EY


Diverse teams are 87% better at making decisions. People Management


 

How to Promote DE&I in Your Workplace


  • Educate and Raise Awareness: Start with training programs, such as Affirmity, to educate employees about the importance of DE&I. Awareness is the first step towards change.


  • Evaluate and Improve Policies: Assess your current policies and practices. Are they equitable? Do they support a diverse workforce? Make necessary adjustments to ensure fairness and inclusivity. A great example of an DE&I tool is Applied, an online platform used to remove biases hiring practices.


  • Provide a Feedback Loop: Promote an environment where everyone feels safe to speak their mind and feels heard – initiate a process to gain feedback from employees, and feedback back to staff on any improvements made.


  • Measure and Adjust: Regularly measure your DE&I efforts and be open to feedback. This will help you identify what’s working and where improvements are needed. Tools like Anova’s bespoke DE&I surveys can help you pinpoint specific areas of improvement.


  • Empower Employee Resource Groups (ERGs): ERGs are employee-led groups that support underrepresented groups within the company. These groups provide a platform for voices to be heard and contribute to a more inclusive culture. An example of a tool to use is Ten Thousand Coffees, an online platform that provide DE&I mentorships.



  • Leadership Commitment: DE&I initiatives need to be championed from the top. Leaders must be committed to modelling inclusive behaviour and driving change.

 

 

Start Your DE&I Journey with Anova


At MyAnova, we believe in the power of DE&I to transform workplaces. Our workplace wellbeing and engagement survey platform is designed to help you understand and improve your organisational culture. By capturing insights on how employees feel about diversity, equity, and inclusion, we empower you to make data-driven decisions that promote a thriving, inclusive workplace.

 

Ready to take your DE&I efforts to the next level? Let’s work together to create a workplace where every individual feels valued and empowered to succeed. Because when everyone thrives, we all win. Get in touch now!

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If you’ve been keeping an ear to the ground in the business world, you’ve probably heard a lot about DE&I. But what exactly is it? Why does it matter so much? And how can it transform your workplace for the better?

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