In this week's #DatapeopleReads we celebrate Juneteenth National Independence Day and continue our pursuit of hiring fairness that supports all talent, including those who remain unfairly underrepresented. 📚 Harvard Business School found that degree inflation—the rising demand for a four-year college degree for jobs that previously did not require one—is a substantive and widespread phenomenon that is making the U.S. labor market more inefficient harming both candidates and companies: https://lnkd.in/gUSZUVcT 🎓 Michael Collins, Vice President at Jobs for the Future (JFF), writes that the elimination of degree requirements, which has has been heralded as a boon for equity, won't magically eliminate racial bias. To effect true change, business and individuals must acknowledge and hedge "...against bias in the labor market, disrupting race-based disparities in earnings, and ensuring that the skills-first approach does not result in tracking—meaning that workers are limited in what roles they can advance in without a degree—all of which require courage to do so in today’s fractured climate on race." Read more on Forbes: https://lnkd.in/gVy89BY6 👨⚖️ In what is becoming a worrisome trend, lawyers are embracing the judicial system to (legally) dismantle or publicly dissuade companies from pursuing their #diversityhiring goals. Riddhi Setty and Tatyana Monnay dive in on Bloomberg Law: https://lnkd.in/gW_Z_BcD ✨ But hope remains. Companies with a focus on diversity continue to see the benefits in their #hiringefficiency, which Amit Bhatia and Sabrina L. outline in the "Choose Both: DEI and Hiring Efficiency" webinar series: https://lnkd.in/gk9XAucp
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Helping make hiring more efficient and equitable as VP of Marketing | Fractional CMO | ex-Blend, ex-Intuit, ex-Big Banks (2x)
Celebrating Juneteenth by championing fair hiring! #DatapeopleReads This week's focus: ☑ Skills over degrees: Study by Harvard Business School exposes the inefficiency of degree inflation. Let's prioritize skills for a thriving job market! (https://lnkd.in/gjpjkVua) 🤺 Beyond removing requirements: Michael Collins (JFF) warns that eliminating degree requirements isn't a silver bullet. We need to actively combat bias for true equity. (https://lnkd.in/gFbPB7v7) 🔨 Challenges to diversity hiring: A worrying trend of legal roadblocks against diversity initiatives. Read more on Bloomberg Law by Riddhi Setty & Tatyana Monnay. (https://lnkd.in/gtTS_ibY) ☀ The bright side: Companies with strong DE&I practices see hiring efficiency benefits! Check out the "Choose Both: DEI and Hiring Efficiency" webinar. (https://lnkd.in/g6DCpfKp) Join the conversation! Let's build a future where talent and fairness pave the way. #diversity #hiring #Juneteenth
In this week's #DatapeopleReads we celebrate Juneteenth National Independence Day and continue our pursuit of hiring fairness that supports all talent, including those who remain unfairly underrepresented. 📚 Harvard Business School found that degree inflation—the rising demand for a four-year college degree for jobs that previously did not require one—is a substantive and widespread phenomenon that is making the U.S. labor market more inefficient harming both candidates and companies: https://lnkd.in/gUSZUVcT 🎓 Michael Collins, Vice President at Jobs for the Future (JFF), writes that the elimination of degree requirements, which has has been heralded as a boon for equity, won't magically eliminate racial bias. To effect true change, business and individuals must acknowledge and hedge "...against bias in the labor market, disrupting race-based disparities in earnings, and ensuring that the skills-first approach does not result in tracking—meaning that workers are limited in what roles they can advance in without a degree—all of which require courage to do so in today’s fractured climate on race." Read more on Forbes: https://lnkd.in/gVy89BY6 👨⚖️ In what is becoming a worrisome trend, lawyers are embracing the judicial system to (legally) dismantle or publicly dissuade companies from pursuing their #diversityhiring goals. Riddhi Setty and Tatyana Monnay dive in on Bloomberg Law: https://lnkd.in/gW_Z_BcD ✨ But hope remains. Companies with a focus on diversity continue to see the benefits in their #hiringefficiency, which Amit Bhatia and Sabrina L. outline in the "Choose Both: DEI and Hiring Efficiency" webinar series: https://lnkd.in/gk9XAucp
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Empowering Legal Excellence: Bridging Tradition with Innovation, Systems, Technology, and Experience | Legal Ops | Paralegal Specialist | Legal Tech | Connector of People | Podcaster | Friend
What a great lineup and opportunity to talk about using tech for DEI! #diversity #equality #legaltech #entrepreneur #legalops #AI
What opportunities and challenges does the digital age present, in particular with respect to diversity, equity and inclusion? Join Women’s Bar Association (WBA) co-chair and HHR counsel Tamara Kraljic on July 18, 2024 at 12 pm EDT for a virtual Future of Work Speaker Series panel on Tech, Data and AI. The panel includes leading corporate executives and entrepreneurs: - Gabrielle Kohlmeier, Verizon Market General Counsel, ABA AI Task Force co-chair, and ABA Commissioner on Women - Amy Yeung, former Deputy General Counsel at Sallie Mae Bank, with extensive experience in disruptive technology, digital innovation, and other strategic initiatives - Dr. Zara Nanu MBE, Top 100 most influential women in UK Tech and serial entrepreneur behind a few companies creating fairer work places through the power of data, including Brightmine Pay Equity (formerly Gapsquare) The panel will be moderated by Dina Broydo, CPA, CFE, CCEP from BDO and is brought to you by the WBA Professional Development Committee and the National Association of Women Lawyers. Learn more and register: https://lnkd.in/g3Vp_QgM #Tech #Data #AI #Law #DEI
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Don't believe the hype that diversity is dead (or dying). The work continues! Data from the NYT article linked below: "In a survey released this week by the employment law firm Littler, only 1 percent of the 320 C-suite executives said they had significantly decreased their D.E.I. commitments in the past year, and 57 percent said they had expanded those efforts. In a survey of 194 chief human resource officers published by the Conference Board last month, none of the respondents said they planned to scale back D.E.I. initiatives. And while the number of times D.E.I. is mentioned on investor conference calls has fallen, the number of mentions in annual filings is at a high, according to AlphaSense." #DefendDiversity, #DailyDiversityMoment
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Founder & CEO of GIANT MKTG | Award-Winning Business Leader | Marketing Expert | Successful Entrepreneur
Below are 10 key factors that would likely impact businesses if Robert F. Kennedy Jr. became President of the United States. *For the record, I like what RFK Jr. is saying so far; how do you feel about him? What kind of President do you think he would be? Economic Policies: RFK Jr.'s economic policies would include changes in tax rates, investment regulations, fiscal stimulus measures, and efforts to address income inequality. Climate Change and Environmental Policies: Kennedy's dedication to environmental causes would likely result in increased investment in renewable energy sectors and sustainable practices. Trade and Global Relationships: There might be shifts in trade policies and global relationships, with a focus on fair trade, labor rights, and environmental commitments. Healthcare Reforms: Kennedy's advocacy for accessible healthcare could lead to substantial changes in healthcare provision, insurance, and pharmaceutical industries. Labor Laws and Workers' Rights: A Kennedy presidency would foster workers' rights and strengthen labor laws. Infrastructure Investments: Significant infrastructure investments would be prioritized, benefiting industries like construction and transportation. Education Reforms: Education reforms would improve access, quality, and affordability, impacting businesses in the education sector. Technological Innovation and Privacy: Technology policies would address data protection, cybersecurity, and regulation of tech giants. Regulation of Financial Industry: Regulatory oversight in the financial industry would be strengthened, aiming to protect consumers and promote responsible lending practices. Social Justice and Corporate Social Responsibility: Emphasis on corporate social responsibility would lead to greater scrutiny on diversity, ethics, philanthropy, and sustainability in businesses. #robertkennedyjr #rfk #Kennedy #business #top10
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Using an intentional, data-led approach to DE&I practices is key during volatile times. Finding the right balance between avoiding data and processes that pose legitimate legal risk while using demographic-based data to identify inequalities and enact change will benefit organizations in the near and long term. In my own experience, having qualified, diverse candidate slates has proven effective in course correcting discriminatory workplace practices. Read more in Harvard Business Review's recent piece. https://lnkd.in/guHeXK4v #dei #DataDriven
How to Effectively — and Legally — Use Racial Data for DEI
hbr.org
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📅 The deadline for our Experiences at Work #survey is just around the corner. If you work in financial services, you can be part of this research which will be used to help employers create better workplaces for everyone. It takes just 15 minutes so grab a coffee and share your views! https://lnkd.in/eHZS38mW #MakeADifference #DiversityEquityInclusion
Do you work in financial services in the UK? We're working with The London School of Economics and Political Science (LSE)'s Inclusion Initiative to help firms create inclusive environments. Can you spare 15 minutes to tell us about the moments in your career when you felt included and excluded in the workplace? If yes, click on the link: https://lnkd.in/eHZS38mW Based on this research, we will create a behavioural science backed blueprint that details the actions that firms, managers and colleagues can take to ensure that all employees have access to opportunities, visibility, and career progression. Please do join us in creating systemic change. Completing the survey should take approximately 15 minutes. All participant identities will remain anonymous. You do not need to provide any identifying information. Results will be aggregated and anonymised for analysis. Please contact tii@lse.ac.uk with any questions. Thank you also to Progress Together member HSBC for supporting this project. #Inclusion #FinancialServices Hannah Awonuga | Jenny Baskerville | John Collins OBE | Tracy G. | Vincent Keaveny CBE | Dipi McKernan | Nadia Minors | Richard Rowntree | Damien Shieber | Michael Turner | Kelly Whittington | Cyrus Suntook | Emma Turnbull | Olivia Larkin | Christopher Woolard CBE | Sarah Kaiser | Lucy Bond | Nicki Breen MCIPD | Hazell Hallam | Drew Gibson | Emma Holden
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Lots of ink has been spilled on the topic of businesses being expected to weigh in on important social issues. As we forge headlong into what looks to be an especially bellicose election year that promises to greatly increase the heat, light, and visibility on corporate activities in this domain; here is some practical guidance for business leaders on navigating contentious societal issues amid widespread political polarization courtesy of myself, Harvard Business School professors Sandra Sucher and Peter Tufano, and the Harvard Business Review. https://edl.mn/48cTSdP #edelman #trustbarometer
How Companies Should Weigh In on a Controversy
hbr.org
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Helping the financial services sector to remain globally leading by building a skilled and diverse workforce where all talent can succeed - Chief Executive Officer at Financial Services Skills Ltd
Share your experiences to inform this exciting piece of research by Progress Together!
Do you work in financial services in the UK? We're working with The London School of Economics and Political Science (LSE)'s Inclusion Initiative to help firms create inclusive environments. Can you spare 15 minutes to tell us about the moments in your career when you felt included and excluded in the workplace? If yes, click on the link: https://lnkd.in/eHZS38mW Based on this research, we will create a behavioural science backed blueprint that details the actions that firms, managers and colleagues can take to ensure that all employees have access to opportunities, visibility, and career progression. Please do join us in creating systemic change. Completing the survey should take approximately 15 minutes. All participant identities will remain anonymous. You do not need to provide any identifying information. Results will be aggregated and anonymised for analysis. Please contact tii@lse.ac.uk with any questions. Thank you also to Progress Together member HSBC for supporting this project. #Inclusion #FinancialServices Hannah Awonuga | Jenny Baskerville | John Collins OBE | Tracy G. | Vincent Keaveny CBE | Dipi McKernan | Nadia Minors | Richard Rowntree | Damien Shieber | Michael Turner | Kelly Whittington | Cyrus Suntook | Emma Turnbull | Olivia Larkin | Christopher Woolard CBE | Sarah Kaiser | Lucy Bond | Nicki Breen MCIPD | Hazell Hallam | Drew Gibson | Emma Holden
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Head of Sustainability & Culture - Sustainable & Impact Investing, ESG & Corporate Engagement (UK, Europe & Middle East).
Demystifying DEI in Financial services: As part of our Talents root program and our engagement with Queen Mary School of Business & Management students and their ongoing Masters' project, several market leaders have kindly volunteered their time and expertise to aid the students' research questions. Dr Howard Haughton CTP CMath FIMA gave up his valuable time last Friday. He kept us enthralled and divulged deep industry knowledge about DEI and the financial services industry. My key takeaway is that recruiting into the industry needs to make a 360 pivot to ensure inclusive recruiting (via company pages, recruiters or AI tools). From the employer's perspective, the employee life cycle needs a deep revamp too, from the marketing to the onboarding. Inclusivity needs to be embedded into the business's DNA. Essential skills and transferable skills should always be considered. Looking at capability versus experience. The Equality Act has nine protected characteristics but excludes socio-economic. What does this mean? For industries that take the easiest root to compliance. How will we ever be fully inclusive if this is excluded? We are happy to share this session as a learning resource. Please let me know if you would like to learn from it. It highlights the history, the legal reasons, and the complexity of landing your job including tips on how to get noticed. Farrell Associates | Certified B Corp™ Neil Farrell Tatiana Dupont Matt Baty Mayank Sharma Rola Emad Sashwot Kharel Hemant Kumar Aleyna Türkoğlu Dr Lilian S.
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The Power of Third-Party Voices: Amplifying Impact in Business and Politics 📢 In an era where policies are as shaped by public sentiment as by economic tenets, the interplay between business goals and societal values has never been more pronounced. To steer through the legislative and regulatory mazes of Washington, a business-as-usual, inside-the-beltway strategy just doesn't cut it anymore. What echoes in the halls of Congress must resonate back in the states and districts that matter. It's about forging the right alliances, nurturing relationships beyond the Beltway, and harmonizing messages that policymaking influencers hear from both near and afar. Consider the sweeping moves like the Inflation Reduction Act or the intricate processes in regulatory environments, such as navigating mergers and acquisitions. These aren't won merely by an effective Washington strategy but by a parallel and robust back-home effort. A campaign that is enhanced with the voice of a wider constituency is imperative. As has been made clear the current landscape doesn't solely lean on economics; instead, decisions are made through a lens of social good, making it critical for stakeholders to not just comprehend your goals but see the reflections of their values within them. Engaging non-economically vested parties in dialogue, revealing a convergence of interests, can shift paradigms. That's where DDC excels – we channel our understanding of client ambitions into fostering smart, authentic, and impactful third-party advocacy. Because at the end of the day, it's about bringing credible and compelling voices to the forefront, ones that can pivot the conversation and influence outcomes. #ddcpublicaffairs
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