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Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities
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When it comes to implementing much needed diversity, equity, and inclusion initiatives, the spirit is certainly willing: in the past few years, we’ve seen all kinds of pledges, positive intent, and active discussion. Indeed, increased parity is one of the major themes of the World Economic Forum’s annual meeting in Davos, which kicked off this week. But progress is simply too slow. To cite just one example, at the current rate it will take 151 years to close the global economic gender gap at all levels. In order to do better, we need to know what works and what doesn’t work. Toward this and other DEI goals, a cross-industry group including McKinsey and the World Economic Forum have launched the DEI Lighthouses Program, to identify and disseminate best practices for progress toward advising diversity, equity, and inclusion in the workplace. For 2023, it has released the first Diversity, Equity, and Inclusion Lighthouses report, which includes findings that identify five key success factors common among DEI initiatives that had significant impact. To learn more, as well as how to implement them, check out this new article.
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— Edited Stephanie d’Arc Taylor, Editor, Southern California
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