The contrast between companies whose rankings keep improving and those on a steady decline is in their human-capital results. Our data demonstrates that results are tied to top-down attention to the numbers and the process, as well as best practices that broaden knowledge about talent development, such as mentoring and resource groups.
We look at four companies in industries that have been mainstays on the Fair360, formerly DiversityInc Top 50 two in an engineering-based industry and two in consumer products. In both industries, there is increasing recognition of the need for an increasingly diverse workforce to relate to the U.S. market. Yet in these case studies, we see one company in each industry capitalizing on diversity-management best practices to diversify its employee and leadership base, while the other does not.
We see similarities in the two companies that went up very committed CEOs who lead metrics-driven executive diversity councils, and increasing use of employee-resource groups to understand the workplace and the marketplace.
