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April 2018

Diversity Metrics that matter - Lead Inclusively

Diversity Metrics That Matter: Webinar Presented by NDC

By | Diverity & Inclusion, Gender Inclusion, Human Resources, News and Events | No Comments
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Metrics That Matter is part two in the four-part diversity and inclusion webinar series “Champions of Change,” taught by Denise Pirrotti Hummel, J.D. Presented by the National Diversity Council.

Although nearly all companies believe that diversity and inclusion are critical to business success, only 85% of companies track any kind of diversity and inclusion metric. Unfortunately, there is often a lack of knowledge around which metrics matter most. This creates an opportunity for companies who do use metrics to be able to reach their full potential. Lead Inclusively assists organizations in using D&I metrics to diagnose and correct issues throughout the talent pipeline, contribute to business goals, optimize processes and effect sustainable change. Join us on June 5th for a free webinar. Hear global thought leader Denise Pirrotti Hummel, J.D., as she shares her expertise on connecting diversity and inclusion with business ROI. Attend this can’t miss webinar to get your company’s D&I strategy moving in the right direction.

You will learn:
– The value of metrics for tracking and creating sustainable change
– Meaningful metrics most companies aren’t tracking
– Which metrics to track across the employee lifecycle and how to get started
– How to use metrics to optimize processes and achieve strategic D&I goals
– Best and next practices in tracking metrics that matter

When: June 5, 2018
Time: 8am – 9:30am PST

Denise Hummel CEO Lead Inclusively

Denise Hummel

About Denise Hummel:
Denise Pirrotti Hummel, J.D., is the Chief Innovation Officer of Lead Inclusively, Inc., a firm devoted to helping Life Sciences clients to make the connection between inclusion and business performance. She spent many years litigating Civil Rights Cases, including gender equality litigation. As a recovering lawyer, Ms. Hummel was the founder and CEO of a cross-cultural strategy firm which she grew as a single mother. The firm, Universal Consensus, LLC., was acquired by Ernst & Young, LLP., where Ms. Hummel became a partner and led their Talent, Inclusion and Innovation division. She then exited to start her second business.

She is now the Chief Innovation Officer of Lead Inclusively, Inc., a firm devoted to the connection between inclusion and business performance. She serves clients around the globe, with a strong presence in Life Sciences and High Tech. She is a Board Member of the HBA and the Co-Chair of the Life Sciences Committee of Athena. She is also a legacy member of Marshall Goldsmith’s 100 Coaches team. Learn more about Lead Inclusively.

About the National Diversity Council and the National Training Center:
A well-informed and properly educated diverse and inclusive workforce can strengthen an organization’s reputation, financial performance, and workplace culture. The National Training Center is a customizable and convenient educational resource provided by the National Diversity Council, a nonprofit that champions diversity and inclusion in our communities and workplaces.

 

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Companies Lose $30B Annually By not Engaging Millennials in the Workplace – by Dan Negroni

By | Generation inclusion, Inclusive Leadership

We know that making sweeping generalizations about any group of people being “lazy,” “unprofessional,” “unreliable,” or “narcissistic” is repugnant. Unless we are talking about the dreaded “M” word, Millennials. But here’s the reality, companies are simply losing by not engaging Millennials in the workplace.

In their paper Too Old or Too Young? The Impact of Perceived Age Discrimination, authors Ed Snape and Tom Redman cite a study which found that “being seen as untrustworthy and being given less responsibility were common” among undergraduate business students. And that is if they are hired at all; experts now cite a hesitancy in employers over hiring younger staff.

It is called Reverse Ageism and it presents a serious hurdle to young talent in your office no matter how capable they actually are.

Reverse Ageism Is a Billion Dollar Problem for Companies
For a mid- to large- sized company, reverse ageism could potentially be costing you millions of dollars, your most productive employees, and ruining your company culture. On average, Millennials stay in a role for 1.3 years, which Gallup estimates costs the U.S. economy $30.5 billion annually. That’s a ton of coin.

And money isn’t the only loss for companies. Recruitment costs, onboarding costs, loss of productivity from watching colleagues leave, and lower productivity of new hires all negatively affect a company, its culture and its bottom line. Not to mention these young staff that are leaving are often more productive than senior staff and almost universally less expensive to hire, hurting your bottom line even further.

These are real costs to your company, but they are fixable. They require thought, time, investment and a commitment to emphasizing the strengths of your Millennial staff and helping the five generations working together today to bridge the gaps between them and leverage their unique strengths.

Millennials Have Unique Gifts and Gaps
While it may be true Millennials lack some essential professional skills, they are happier than any other generation to develop and hone their skills given the chance. Gallup found that 87% of Millennials believe “development is important in a job” and development opportunities regularly score higher than pay when Millennials rank the benefits of a job.

The catch is that they know when they are liked, wanted, respected and valued.

Employers who want to put a stop to both the generational tensions in their office and the high turnover rate of Millennials need to take the time to train the enterprise to bridge generational gaps. That process starts with providing Millennials with the training opportunities that develop their professional skills and make them feel that they are valued in the workplace and gives them a sense of progressing as professionals.

We suspect you might even be surprised by what they can do.

Get ahead of reverse ageism in your workplace. Click to learn more about the Lead Inclusively workshop on Generational Inclusiveness: Knowing Your XYZs.
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Dan Negroni is V.P. of Generational Services at Lead Inclusively, Inc. He is a “recovering attorney” and the quintessential next generation business management and talent development consultant and coach solving today’s critical multi-generational issues. Dan leverages his authentic, no-nonsense approach and a successful 20+ year career experiences as a CEO, attorney, senior sales and marketing executive, to help companies bridge the gap between managers and their millennial workforce to increase employee engagement, productivity and profits.