Want to know why Leaders don’t buy Into Inclusion?
Find about a restaurant trick that explains this.
Here are some key topics covered from this episode:
- A restaurant trick that you will recognise everywhere
- An Economic Principle to help you understand why change is difficult
- Some tips on what you need to change to manage Leaders
Play the episode for more.
Here are some key takeaways from this episode:
A Menu cost is the cost incurred by a business of changing their prices
“We’re going to wait until the increased money we receive from increasing the prices is greater than the cost of changing the menus.”
Leaders face Menu costs for changing their organisation
“There is a cost to creating diversity to creating Inclusion where you work. A lot of the leaders where you work, consider themselves to be rational. They want you to believe that they are rational actors. “
You need to change the way they think if it’s limited to financial costs
“This restaurant trick that explains why Leaders don’t buy Into Inclusion
their entire paradigm is based on a rational perspective that translates into the bottom line. “
Here are some resources so you can go deeper:
Check out these related episodes of the show.
How Companies Are Wasting Millions On Diversity Programs
Getting Serious About Diversity? Enough Already with the Business Case
Whenever you’re ready, there are a few ways I can support your Inclusion Journey:
2. Get Practical Book Insights
For everything else check this
https://linktr.ee/elementofinclusion
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