Measuring Diversity for Success
-
Upload
human-capital-media -
Category
Recruiting & HR
-
view
547 -
download
1
Transcript of Measuring Diversity for Success
© PeopleFluent 2015
Measuring Diversity for Success
Bruce Kile
Senior Vice President
Workforce Compliance and Diversity
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
• Why diversity matters
• The Industry perspective on measuring diversity
• Steps to measure diversity for success
AgendaAgenda
1. Why diversity matters
2. The Industry perspective on measuring diversity
3. Next steps to measure diversity for success
Measuring Diversity for Success
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
• May 2015 (survey date)
• 420 respondents
• 24% have an advanced diversity function
About the Survey
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Compliance-based goals
Diversity Goals
Enterprise Goals
Moving Beyond Compliance
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
How many of you are currently leveraging diversity metrics to support organizational goals?
Show of Hands
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Challenges of Successful D&I Program
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
• Strategic diversity initiative
• Metrics to track
• How to use information
• Accountability
After Defining Measurement Goals
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
24%30%
Organizational Diversity Maturity
Undeveloped
Beginner Intermediate Advanced/Vanguard
23%
Goals
Measurement
23%
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Top D&I Strategic Goals• Creating an inclusive company culture
(74%)
• Increasing employee engagement (64%)
• Helping the company become an employer of choice (61%)
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
What are the Barriers to Increasing the Effectiveness of
Strategic Diversity in Your Organization?
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
What are the Barriers to Increasing the Effectiveness of
Strategic Diversity in Your Organization?
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Craft a strategic measurement plan that addresses organizational goals
Steps to a Strategic Measurement Plan
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Start comparing the current and desired state as it relates to diversity and inclusion
Steps to a Strategic Measurement Plan
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Partnering with Vendors
36%39%
21%
12%
36%30%
47% 45%
27%
64%
Vendors In-house Measurement Experts
Our organization uses these diversity resources
Average
Undeveloped
Beginning
Intermediate
Advanced
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
D&I Strategy by Maturity Level
0.0%
0.0%
5.9%
11.6%
33.8%
4.0%
4.0%
17.3%
30.0%
40.0%
4.0%
27.8%
46.5%
45.0%
54.9%
19.0%
55.7%
61.5%
64.4%
64.7%
We use incentives for D&I goal accountability
We connect D&I investment to businessoutcomes
We have used metrics to make the case forculture change
We have in-house measurement expertiseavailable
We track demographics through an integratedHR system
Advanced Intermediate Beginning Undeveloped
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Types of Measurements
Basic workforcedemographics
(gender,ethnicity)
Advancedworkforce
demographics(veteran status,disability, LGBT)
Recruitingoutcomes
Workenvironment
(employeeengagement)
Employeeretention
Undeveloped 70% 22% 22% 13% 21%
Average 84% 47% 50% 47% 48%
Advanced 83% 63% 58% 63% 58%
70%
22% 22%13%
21%
84%
47% 50% 47% 48%
83%
63% 58% 63% 58%
0%10%20%30%40%50%60%70%80%90%
We use these metrics to measure the impact of diversity and inclusion
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Effectively Manage Diversity Metrics
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
The Research Shows …
• Measuring multiple metrics
• Integrated HR system
• Strategic vendor plan
• Driving accountability
© 2015 PeopleFluent | Confidential Measuring Diversity for Success| Oct. 27, 2015
Next Steps
Measuring Diversity for
Success
Understand the maturity level of your existing D&I program
Identify those diversity metrics that effect change within talent management
Identify the right internal and external resources to efficiently produce results
Share meaningful insight to further D&I initiative
Leverage metrics to engage workforce
TM
© 2015 PeopleFluent | Confidential Talent Insights. Business Outcomes.TM
ThankYou
Find PeopleFluent on…Twitter: twitter.com/peoplefluentLinkedIn: linkedin.com/company/peoplefluent Facebook: facebook.com/peoplefluentBlog: peoplefluent.com/resources/peoplefluent-blog
For more information:
800-782-1818
DISCLAIMER: The information provided in this presentation is for educational and informational purposes only. It does not constitute legal advice or legal opinions. PeopleFluent makes no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained herein. Nothing that is provided in this presentation should be used as a substitute for the advice of legal counsel.