Report: Diversity, Equity, and Inclusion Lighthouses 2023 | World Economic Forum

Leadership & Culture
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Diversity, equity, and inclusion (DEI) continue to be a top priority for many organizations. As pointed out in my one-page summary on 2023 talent priorities according to seven sources, DEI was identified as a key focus across many of these sources. As organizations pivot from DEI as a priority to implementing practices that yield the most significant, scalable, quantifiable, and sustained impact, this newly published 61-page report provides ideas. The report identifies five success factors common across DEI efforts. While there are too many insights to cover here, the five success factors—illustrated on page 11 — are (1) a nuanced understanding of the root causes of why DEI isn’t advancing; (2) a meaningful definition of success; (3) accountable and invested business leaders; (4) a solution designed for its specific context; and (5) rigorous tracking and course correction. Given there is no one size fits all solution for advancing DEI, the report provides many examples of how different organizations are advancing DEI. To supplement this report, here are two previously shared reports on DEI 1) a 50-page report by the Center for Employment Equity that provides DEI research-based strategies and 2) a 62-page report by the Wharton School of Business that examines the relationship between seven categories of DEI practices and twelve workplace outcomes (e.g., burnout).

Did you miss the Jan 15th issue (#156) of the Talent Edge Weekly newsletter? If so, you can check it out here. It covers topics such as Deloitte’s 2023 Human Capital report, HR operating models, actions for responding to workforce trends, 25 people risks, and a podcast on 2023 workforce trends.

Need to stay updated on the organizations that have announced job cuts and layoffs since the start of 2023?  Here is a tracker to help you stay updated on this information.

Want to know which Chief Human Resources Officers (CHRO) have been hired, promoted, or have exited the CHRO role?  Check out CHROs on the Go an online digital subscription that provides the easiest and fastest way of knowing who is moving in and out of the CHRO role in organizations of all industries.