In the wake of major social and political changes over the past decades, leading companies are taking steps to increase diversity, equity, and inclusion. According to a number of researches, we have found that diverse companies outperform with more homogenous demographics, have lower volatility, a better return on equity, and the higher the degree of creativity and cognitive conflict during the decision-making process.
While organizations around the world understand the need for diversity and are putting efforts to create a more diverse and inclusive work (workplaces), the progress doesn’t seem to be much. Programs designed to increase diversity and inclusion in the workplace often fail.
A number of studies have been conducted in the space of Diversity & Inclusion with a focus on how employers and women can break the glass ceiling. There is no dearth of knowledge when it comes to ‘creating an equitable workplace’ but we feel it is absolutely imperative to know what’s working and what’s not.
In this podcast Priya Mathilakath, Head- HR, Retail and Corporate, Titan Company Limited shares some of the ways by which organizations can create a gender-balanced workplace.