The financial services sector, encompassing banks and large financial institutions, plays a pivotal role in the global economy. However, these institutions face unique diversity challenges that can hinder their ability to innovate, serve diverse customer bases, and maintain a positive corporate image. This article explores these challenges and offers strategic insights to foster inclusive cultures …
In the past two decades, the amount of time that people spend on collaborative activities has ballooned at least 50% [HBR]. With 84% of people being matrixed across multiple teams it will come as a surprise to nobody that effective workplace communication is essential. Employees and leaders agree that effective communication boosts individual performance, and …
The undeniable value of diversity and inclusion in the workplace is clear to many. However, one aspect of diversity among others that still faces significant challenges is the inclusion and valuing of LGBTQI+ individuals for many reasons, including a lack of understanding and experience with those who identify with this group as well as a …
Most of us have experienced it at one point or another in our careers: the cultural faux pas. Whether it’s a misplaced remark or the regrettable tone of a message sent with a swift keystroke, ‘swoosh,’that once we realise it, makes us sink with embarrassment and wishing that there was a ‘cancel send ’button. Members …
Often, when an organisation goes through significant change, it is extremely disruptive to DEI efforts, particularly work aimed at developing inclusive leadership and teams. There are often seemingly good reasons for this – people are very worried about their future and may not be interested in development; leadership is preoccupied with financial outcomes and strategic …
Journalist Nick Cater recently penned an article in The Australian which was little more than an all-out attack on workplace DEI programs. According to Mr Cater these programs are calculated to disempower and disadvantage white males in the Australian workforce. The proposition accepted so glibly by Mr. Cater, that without the constraints of DEI policies …
There is no denying that contemporary businesses face a new set of challenges in the workplace. With the world around us constantly changing and evolving, there is little time to adjust to the transformations that are taking place in our everyday experiences. Today, the need for a diverse, equitable, and inclusive (DEI) workplace culture is …
A massive paradigm shift and a new conceptual approach to workplace mental health hazards is about to be established by law in Australian workplaces. What has already begun and what will continue to be implemented are laws and regulations at both Federal and State levels, requiring employers to implement comprehensive and systemic measures to minimise …
Gathering DEI data in organisations is often a first step in implementing a comprehensive DEI strategy. However, DEI surveys and data-gathering exercises may expose organisations to legal pitfalls. In particular, these surveys must comply with changing privacy and data protection legislation which has been expanding rapidly across the globe in recent years. This legislation impacts …
Diversity and inclusion have become the DNA of any business that has succeeded in creating a safe and diverse workplace for all employees. Many leaders have taken a renewed approach to establishing diversity and inclusion mechanisms in their workplaces, including the idea of inclusive leadership. This is why Symmetra has partnered with Herbert Smith …