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Research shows diverse companies are more profitable, though businesses—tech firms included—struggle to get it right
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Research has repeatedly shown that companies with a diverse workforce outperform those that lack diversity, yet a report from Uber is the latest reminder that despite the business value many organizations today still fail to achieve this or realize meager results. Uber's First Diversity Report Shows Male, White, Asian Dominance Uber on Tuesday released its first report on diversity in its workplace, showing that the San Francisco ride-hailing company faces the same underrepresentation of women and non-Asian minorities — most notably among executives and tech workers — as most other major tech employers. (SF Gate) Uber Releases Diversity Report and Repudiates Its 'Hard-Charging Attitude' After a string of scandals this year, Uber has rushed to repair its corporate culture. On Tuesday, Uber continued its mea culpa tour by releasing its first report detailing the composition of its work force, which depicted an overwhelmingly male employee base and showed that the largest ethnic group is white. In addition, the company forcefully repudiated its past, saying that its intense, masculine culture went too far. (New York Times)What the..? Uber's Staff Groups Include One for 'Jewbers'On a day that marks Uber's first disclosure of the gender and racial make-up of its staff, the ride-hailing company is drawing fire on social media for some of the names assigned to in-house associations. Nine employee resource groups were listed on a webpage dedicated to diversity statistics and initiatives, such as Los Ubers for Hispanic employees. Under the heading for Shalom, the group for Uber's Jewish employees, the description combines Uberetto—the company's generic term for any employee—and Jews to create Jewbers.(USA Today)Diversity in Tech: Lots of Attention, Little Progress Despite loudly touted efforts to hire more blacks, Latinos and women, especially in technical and leadership positions, diversity numbers at the largest tech companies are barely budging. (Denver Post)More Diversity in Tech Fields Leads to More Money, Study RevealsA lack of diversity in the technology industry may restrict the amount of money companies and investors can make, a new report reveals. "Breaking the Mold: Investing in Racial Diversity in Tech" is a compilation of data from more than 106 organizations, including some of the nation's largest tech firms; Pew Research; Harvard University; and the U.S. Equal Employment Opportunity Commission (EEOC). Open Media and Information Companies Initiative (Open MIC), a New York-based nonprofit, analyzed and compiled the report.(SHRM Online)There Is a Supply of Diverse Workers in Tech, So Why Is Silicon Valley So Lacking in Diversity?Three explanations are commonly used to explain away or minimize the lack of diversity in Silicon Valley, including that diversity is an issue everywhere; that there is a lack of qualified workers of color; and that the tech sector is investing in diversity initiatives that will yield results in the near future. This report corrects these three myths using empirical data while highlighting some of the most promising, tested solutions to date.(Center for American Progress)[SHRM members-only toolkit: Building a Diversity Initiative From the Ground Up] Why Diversity Programs FailIt shouldn't be surprising that most diversity programs aren't increasing diversity. Despite a few new bells and whistles, courtesy of big data, companies are basically doubling down on the same approaches they've used since the 1960s—which often make things worse, not better. (Harvard Business Review) Here Are the Top 7 Most Diverse and Inclusive Companies in the USThomson Reuters launched a new index on Sept. 26, 2016, which ranks the top 100 listed companies with the most diverse and inclusive workplaces.(Business Insider)How the Best Companies Do Diversity RightDiversity is an empty word in much of corporate America. Many companies invest in diversity efforts and appoint chief diversity officers, yet are disappointed with the meager results. (Fortune) Effective Workplace Conversations on DiversityProficiency in the Global & Cultural Effectiveness competency reduces controversy, promotes communication and understanding. (SHRM Online)
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