As the year-end draws close, we recognize the value of your time and the packed schedules you juggle. In this spirit, we have embraced the 'less is more' philosophy for this month's newsletter, thoughtfully curating a limited selection of articles for your reading pleasure.
We understand that occasionally, a must-read article is tucked behind a paywall. Our policy ensures that no more than one or two of these articles feature in each newsletter. Remember, many publishers offer free access to one article when you sign up, so you won't miss out on these insightful reads.
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A recent Wharton article emphasizes the urgent need for diversity in AI. It reveals a significant underrepresentation of women and people of colour in AI models, leading to biased outcomes. Experts suggest increasing diversity in data and development teams is crucial to address these biases.
In a shifting ESG environment, an HBR article highlights the corporate "statement of purpose" as a crucial guide for companies navigating differing U.S. and European regulations. This clear, stakeholder-centric approach helps balance profit and social responsibility.
Did you know intentional inclusion investments have tripled employees' sense of belonging since 2020? Yet, only 35% feel fully included, signalling a crucial juncture for action. How are organizations navigating this complex terrain to harness the full potential of diverse teams? Stay tuned for transformative insights.
Ethnocultural minorities in Europe: An untapped growth opportunity Did you know ethnocultural minorities have similar tertiary education rates to non-minorities, yet face 2.5-3x higher unemployment? This eye-opening study by McKinsey not only debunks myths but also highlights the immense potential of inclusively harnessing this diverse talent pool. A pivotal read for those spearheading DE&I initiatives.
Nobel laureate Claudia Goldin's theory on flexible work easing the gender pay gap gets a boost from new data. Despite the pay gap closing slowly since 1962, recent trends in remote work during the pandemic show promise. With women's workforce participation at 77.8%, and a growing number of women with young children in jobs, flexible work arrangements may be key in advancing gender parity in earnings and career progression
Regardless of where you find yourself on the journey to fostering a more diverse and inclusive workplace, EDGE Empower serves as your trusted guide. Why wait? Discover more by scheduling a demo with us today.
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