Everything You Need To Know About Delivering through Diversity The Follow Up Study To The Famous McKinsey Report [Report Breakdown]

Let’s talk about the McKinsey Report: Delivering Through Diversity. 

Find out why this report is important because of how it will be interpreted.

Here are some key messages from this episode:

  • Why the Delivering Through Diversity report is important
  • The Key findings of the report.
  • The Key limitations of the report and much much more.

Play the episode for more.

Here are some key takeaways from this episode:

The New Report Addresses the Limitations of the Previous Report:

“What I immediately like about this report is that it appears to recognise the limitations of the previous report and attempts to address them, which is always a good sign”

Companies pay a penalty for not being diverse:

“Companies in the fourth quartile on both gender and ethnic diversity are more likely to underperform their industry peers financially. Specifically, they are 29% more likely than the other three quartiles to underperform on profitability”

Define Inclusion & Diversity Priorities Based on a Specific Business Growth Strategy:

Companies succeeding on Inclusion and Diversity are able to clearly articulate the link between Inclusion goals and specific business growth priorities. Often as a result of investment in internal research to understand their specific value drivers and circumstances”

Here are some resources so you can go deeper: 

Diversity Matters: “The McKinsey Report”

Green Park Leadership Index

Check out these related episodes of the show.

Why Diversity Matters: A Review of the “McKinsey Report”

Whenever you’re ready, there are a few ways I can support your Inclusion Journey:

The Elements of Inclusion #4

Leaders must collaborate innovatively to leverage cultural expertise and drive business performance.

  • Why inclusive outcomes are driven by innovation
  • How developing a business case for diversity and inclusion specific to your organisation is a competitive advantage
  • Why novelty is at the heart of your inclusion journey

The Elements of Inclusion #3

Leaders must establish systems to ensure that everyone shares the same advantages and benefits. These processes will create incentives for inclusive behaviours.

  • How to augment your team with the tools and insights they need to prevent structural disadvantage
  • Why reinforcing generative norms ensures everyone belongs in the organisation
  • How inclusive representations can be embedded to promote an inclusive culture

The Elements of Inclusion #2

Leaders must redefine career development relationships to support inclusive performance.
  • Why traditional mentor relationships must be revised for an inclusive workplace
  • How leaders must embrace networks of developmental relationships for individual growth
  • Why established workplace norms must evolve for inclusion in the modern workplace

The Elements of Inclusion #1

Leaders must properly socialise people and socialise inclusive ideas by providing an environment for the cultural learning needed for an active role in an inclusive organisation

  • How your socialisation processes must evolve to encourage the sustainable cultivation of inclusive competencies
  • Why Leaders must consistently negotiate the line between organisational commitment and personal authenticity to promote performance
  • How developing intersectional self awareness can help leaders to leverage individual employee experiences