Wednesday, July 26, 2017

Over 250 CEOs Pledge More Inclusion in the Workplace - TRIPLE PUNDIT

by Leon Kaye
Originally published: July 25, 2017

Companies have long touted their diversity and inclusion programs, but the statistics have shown that the higher one wants to advance in a company, the more impenetrable that stubborn glass ceiling can be. The result is not only frustrated and disengaged employees, but a recent study has suggested that any sort of bias in the workplace can hurt companies’ ledger sheets.

To that end, over 250 CEOs have committed to the CEO Action for Diversity and Inclusion pledge. The initiative launched earlier this summer with 150 company chiefs signing on. Since then, interest in the program continues to surge with more CEOs signing on ever day. Companies participating in CEO Action represent scores of industries, and the A-to-almost-Z roster includes noted brands such as Alaska Airlines, Kroger and Xerox.

According to this initiative’s organizers, this plan is not just about talking points, but is backed up with real action. Examples of how companies are putting themselves out there in a move to attract and retain key talent are all over the map. In Silicon Valley, long criticized for its male-dominated “bro culture,” various Bay Area giants are stepping over each other trying to stand out in this diversity and inclusion race.