March 18, 2019ArticlesThe Outcomes over optics report discusses how important diversity and inclusion is for Canadian business success. Findings suggest that highly inclusive companies drive economic growth by delivering financial performance and challenging the status quo.Link to article: https://www.canada175.ca/en/reports/outcomes-over-opticsThe Outcomes over optics report discusses how important diversity and inclusion is for Canadian business success. Findings suggest that highly inclusive companies drive economic growth by delivering financial performance and challenging the status quo.Link to article: https://www.canada175.ca/en/reports/outcomes-over-opticsSummaryBusinesses that focus on maximizing the potential of each of their employees win in the marketCanada’s future success and prosperity depends on the success of businesses of all shapes and sizesBecoming a truly inclusive organization requires courage, organizations must choose to fundamentally change their culture, their way of acting and beingBusinesses need to shift mindsets from having differences in their firms and markets to uniting of differencesCourageous organizations perform better; inclusion is critical to building more courageous organizationsThe way we speak and think about diversity and inclusion has evolved dramatically over the years but the way businesses address the issue has notMany diversity programs do not actually improve diversity or inclusion, businesses must move beyond counting and comparing differences based on demographic traits or socio-cultural identitiesDiversity and inclusion will not be achieved until our approaches aim to change the organization at its coreMillennials (the inclusion generation) will change the Canadian workforceThe changing nature of work will force all organizations to reimagine what it means to be diverse and inclusiveImportant to capitalize on diverse voices and perspectives and to nurture courageFive actions to help move from optics to outcomes todaySet expectations for specific, inclusive leadership behavioursProtect against the diversity backlashEmpower the Inclusion Generation to prepare for the future of workDon’t leave future inclusion issues for future generations to solveOwn inclusion inside and outside the officeHighly inclusive companies drive economic growth by:Being prepared to weather the stormDelivering financial performanceBringing Canada to the worldChallenging the status quoGrowing and thrivingImportant distinction between diversity and inclusion:Diversity is the variety of people and ideas within an organization, easily identifiable physical attributes (age, gender, race, ethnicity) and less visible traits (education, income, experiences)Inclusion is about creating an environment where all individuals feel valued and connected, regardless of differencesFramework for developing an inclusive organization:Leaders who drive a sense of belonging through the organizationPeople who are actively engaged in the values, vision and missionA shared purpose and long-term vision beyond economic growthFacebookTweetPinLinkedIn
