What Matters Most in 2023 for Diversity, Equity, and Inclusion?

As 2022 rolled its credits, many leaders are wondering if certain programming, like DEI (Diversity, Equity, & Inclusion) initiatives, might need to be left on the cutting room floor for 2023. Unfortunately, due to the economic uncertainty that so many businesses (and individuals) are facing, and to recession-proof the company, reducing DEI efforts has become a go-to solution – especially when an organization views DEI as a “nice to have” versus it being a business imperative. However, the answer doesn’t necessarily have to be taking resources away from DEI efforts, but to instead be more intentional about how to execute Diversity, Equity, & Inclusion in the new year.

Organizations that are looking to do DEI better in the new year may consider ditching a few DEI trends that are more of a hindrance than a help and implement a cohesive DEI strategy that works:

A cohesive DEI strategy includes:

  • Key Performance Indicators (KPIs) – These may include metrics related to the hiring, retention, or advancement of diverse talent. Or, analyzing data based on feedback (surveys, conversations, etc.) about job satisfaction or workplace culture.
  • Providing contributors with a straightforward way to track their progress and performance around KPIs
  • Clear responsibilities – Who does what?
  • Implementation of new tools to assist Key Stakeholders in managing DEI efforts and expectations consistently – Lay out the action plan and the most effective tools and route to accomplish it.
  • Highlighting the tools needed to bring the DEI strategy to life – Perhaps coaching or consulting is needed for the DEI professional. Or there may be a need for added collaborators, access to data, knowledge products. Say so upfront!

The main consideration must be towards leaving behind any DEI initiative that does not inspire behavior change and does not address the root causes and systemic issues that lead to bigotry, discrimination, and inequity in the workplace. Check-the-box, compliance-driven DEI activities are not the best use of employee time or the company’s money.

Contact a SpeedNetworking.com specialist to learn how we have assisted prominent organizations apply strategic internal networking that addresses DEI objectives with measurable results.  Check out our article on how year round events can help your DEI initiatives,  Click here