Wednesday, March 8, 2017

Playing the numbers game - diversity and inclusion - LEXOLOGY

by Seyfarth Shaw LLP
Originally published: March 7, 2017
Publisher: lexology.com

As we celebrate International Women’s Day, the 2017 campaign message asks us to #beboldforchange and to “take action to drive change for women to forge a better working world”.

The campaign’s aims are admirable and worthy of support. But I find myself querying whether such a campaign really helps our workplaces become more holistically diverse and inclusive.

Much of the focus on “diversity” remains on women’s participation and inclusion in the workforce (undoubtedly a very important issue). Sadly, many organisations still have not moved beyond the numbers game – reporting annual statistics on the number of women in the workforce as a whole, on the senior management team and on the board of directors. This approach provides an easily measurable benchmark and is encouraged by compliance initiatives such as the ASX Corporate Governance Principles and the WGEA reporting obligations.