3 minute read

Diversity & Inclusion

Authored by placement student Casey Hartnett, MSc International Public Policy and Diplomacy at University College Cork

Cork Chamber’s Sustainable Cork Programme is designed to set a vision for a more sustainable and resilient Cork, empowered by a thriving business community. As part of this initiative, we have committed ourselves to furthering five of the UN Sustainable Development Goals (SDGs): Gender Equality, Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Sustainable Cities and Communities and Climate Action.

Ensuring diversity, equality and inclusion (DEI) in the workplace is an integral aspect of several of these SDGs. While DEI is a much discussed topic in the business community, we wanted to understand the true progress being made by companies in the DEI space. The results of this research inform how we can better support our members on their own DEI journeys.

Chamber Member Insights

Inclusivity Matters

Inclusivity refers to the extent to which an employee feels they belong in their workplace. Highly inclusive workplaces are 1.7 times more likely to be more innovative than their less inclusive peers. Employees who feel they can bring their whole selves to work are 42% less likely to leave their job within a year of hiring. In a time when talent and skills availability is such a critical issue for business, creating an inclusive work environment can deliver long term positive benefits for the business as well as the community as a whole.

90% AGREE OR SOMEWHAT AGREE THAT THEIR WORKPLACE IS INCLUSIVE OF ALL EMPLOYEES.

Agree - 71%, Somewhat Agree - 19.35%, Somewhat Disagree - 6.45%, Disagree - 3.2%

DEI Training Building Blocks

DEI training is not a “quick fi x” for increasing diversity and inclusion in the workplace. Rather, it should be used as a knowledge building exercise for leadership teams to learn how to implement and strengthen diversity and inclusion policies in the workplace. When used effectively, it can lead to systemic change within an organisation.

42% SAID THEIR WORKPLACE HAS NEVER PROVIDED DEI TRAINING.

YES - 58%, NO - 42%

Active Leadership for DEI

DEI eff orts are often managed by an organisation’s HR team. However, for real change to take place, the entire leadership team must be actively involved. Consider creating a position of Chief Equality Officer or Chief People and Culture Officer to get things started. Having people dedicated to fostering DEI and active engagement across senior leadership will help to ensure long term and meaningful change in the organisation.

42% SAID THEIR WORKPLACE DOES NOT HAVE STAFF SPECIFICALLY DEDICATED TO FOSTERING DEI.

YES - 58%, NO - 42%

Benefits of Diversity

Organisations with high levels of racial and ethnic diversity outperformed their peers by 35%. Further, teams with high levels of diversity have been found to make better, more informed decisions 87% of the time.

65% SAID THEIR WORKPLACE HAS A PLAN TO RECRUIT DIVERSE STAFF.

YES - 65%, NO - 35%

Diversity in Senior Leadership

Organisations with Senior Leadership teams comprised of at least 15% women are more likely to have higher financial returns. Additionally, organisations with highly ethnically diverse leadership teams were 36% more likely to have higher profits than those with less ethnic diversity. It makes business sense to enhance the diversity within the organisation.

33% SAID THEIR WORKPLACE DOES NOT STRIVE TO ENSURE THEIR BOARD/SENIOR LEADERSHIP IS DIVERSE.

YES - 67%, NO 33%

Key terms used by interviewees to defne an inclusive workplace:

• Trust and open communication between leadership and staff

• Being able to bring your “whole self” to work

• Active listening by leadership when concerns arise

• Sense of belonging and importance

• Equitable decision making

5 KEY RECOMMENDATIONS

1. Develop a strong integration of DEI in strategic and operational planning including short-term and long-term goals for Board and team diversification.

2. Introduce mandatory DEI training for all staff members.

3. Proactively engage with local community (especially disadvantaged groups) to ensure everyone is given a fair chance at employment.

4. Ensure that access is part of your DEI plan. If your workplace is not accessible to people with disabilities (physical, cognitive, behavioural, etc.), then it is not adequately inclusive.

5. Lobby Government to ensure the Criminal Justice Hate Crime Bill 2021 is passed