Kory Marchisotto’s Post

The political landscape and discourse have threatened diversity, equity, and inclusion programs across multiple industries. However, breakthrough research by the Korn Ferry Institute (KFI) in partnership with the Global Black Economic Forum reveals a different trend. Companies are ramping up efforts to support underserved communities and are strengthening their DE&I departments. Our recent study led by JT Saunders, Korn Ferry, and the research team at the KFI, revealed a promising trend: the most innovative organizations are deeply integrating DE&I into their business models and seeing positive growth and success as a result. 👏🏼 Here are just three ways organizations can integrate DE&I effectively: ✔️ Empower leaders with clear goals ✔️ Create inclusive talent management systems ✔️ Leverage technology for evidence-based strategies In a tech-driven future, embedding DEI into organizational values and strategy is essential for attracting, retaining, and developing top talent. Special thanks to the research team, including: Jean-Marc Laouchez, Annamaria Scaccia, Heather Barnfield, Emily Gianunzio, Saloni Shah, Laur Rossen, and the many advisors and contributors we had from the KF DEI practice. I'm grateful to our firm for conducting this research. Read the full report here 👇

The 2024 Board Diversity Report is out! Main finding >> the % of "diverse" new Board members declined from 67% to 58%. This means that white men made made up 42% of new Board Directors, but they are only 30% of the overall population! This means men are OVER-REPRESENTED in new Board Members by 12%. TLDR: the #DEI is all going to white men, who are consistently being selected over qualified female and non-white candidates. https://lnkd.in/gNBSuYe3

THERE'S SOO MANY DICKS! Seriously: did you know that men named Richard, Rick, or Dick (Dicks) outnumber women and diverse groups on public company boards? It's time to Change the Board Game. There are too many Dicks and not enough of everyone else. We combed through each board of directors of U.S. based companies on the NYSE and NASDAQ, all 36,957 existing board members across 4,429 publicly traded U.S. companies. The data is astounding: 🔍 There were 566 men named Richard, Rick, or Dick (Dicks) serving on these public company boards. 🔍 Black women and Asian women barely outnumber men named Dick, with only 806 Black Women, 774 Asian Women. 🔍 There were only 283 Hispanic Women on these same boards, only half the number of “Dicks”. At e.l.f. Beauty, inclusivity is a superpower. With our board leading the charge with 2/3 women and 1/3 diverse members, we're setting a new standard for corporate leadership. Join us in driving real impact and ensuring that corporate boards reflect the diverse world we live in. Learn more about the E.L.F. BEAUTY initiative here: https://lnkd.in/gWguvHwN

Check out this touching blog by our Executive Director, Arnold Sowell Jr., about his father's remarkable track career and its impact on his own path in public policy. It's a powerful reflection on family, history, and our commitment to equity at NextGen Policy! Read Arnie's blog post at: https://lnkd.in/gh3R4e6m

Don’t miss Malia Lazu on Tuesday, Feb. 6, at the Boston Public Library to celebrate the launch of “From Intention to Impact: A Practical Guide to Diversity, Equity, and Inclusion". Following the murder of George Floyd, corporate America voiced its commitment to inclusivity, but real systematic change has yet to be seen. Challenged by the recent Supreme Court decision on affirmative action, corporate DEI practices are programs are seemingly under attack and their efficacy brought into question. Malia's book delves into what's holding organizations back and provides them with a roadmap on how to create inclusive environments that are conducive to progress. This is a must-read for companies future-proofing their values beyond PR- centric actions, visit the link in our bio to pre-order your copy today and unlock your organization’s full, inclusive potential. Malia Lazu is a BII portfolio company owner, BII investment committee member, and longtime partner in our racial justice work. Pre-order today: https://buff.ly/495Kppz #FromIntentiontoImpact #IntentiontoImpact #FutureProofing

Join us for an insightful discussion on "Collaborations that Drive Success: Building Strong DEI Partnerships" at the upcoming WITH Conference! Key Takeaways: ♦ Diverse perspectives: DEI organizations bring diverse perspectives, experiences, and insights, fostering innovation and effective problem-solving. ♦ Enhanced reputation: Partnering with DEI organizations showcases a commitment to diversity and inclusion, enhancing organizational reputation and appeal. ♦ Cultural competence: Collaborating with DEI organizations cultivates cultural competence, crucial for navigating today's diverse marketplace. ♦ Learning and growth: Collaboration offers opportunities for continuous learning and growth, staying informed about diversity, equity, and inclusion trends. Moderated by Dzidra Junior, CMP Junior, President of Renditions Consulting, and featuring insightful panelists: Jason Dunn Sr. Dunn, CEO of the National Coalition of Black Meeting Professionals (NCBMP) Shirley Parsons, DEI Manager at Port of San Diego Amanda Armstrong, CMP, CED, Senior VP, Communications & Industry Relations, Encore Don't miss out on this enriching discussion! Register now for the WITH Conference at sdwithit.com to join the conversation. #DEIPartnerships #DiversityandInclusion #CollaborationForSuccess #WITHConference

What does DEI mean to you and to your organization? In Ruben Moreno's sit-down with DEI leader and expert, Kim Adams, MBA, they discussed the term DEI’s shifting and nuanced meanings, along with several other related topics and questions. Read the full conversation now:  https://lnkd.in/eqB4zt8d

As I recruit Chief Diversity Officers in addition to General Counsels, Board Directors, and other executives, I found this article very interesting. Thank you for sharing your insights, Mita Mallick.

How can thoughtful DEI initiatives transform the finance and real estate industries? How can you lead your company in a more equitable and inclusive direction? And how can you break through barriers in your own career — and help the next generation of leaders do the same? This Apr 2 conference on DEI in the finance and real estate industries tackles these questions head-on thanks to perspectives straight from industry leaders moderated by Johnson, Valerie C., Ph.D., Associate Provost for Diversity, Equity and Inclusion at DePaul Driehaus College of Business. Register: https://lnkd.in/dEx_3Njr

Yesterday, I had the pleasure of attending the 12th annual Corporate Equity & Inclusion Roundtable (CEIR) conference, Going the Distance: Confronting New Challenges to Diversity, Equity and Inclusion at Duquesne University, an initiative of the Black Political Empowerment Project (B-PEP). One of the highlights was a heartfelt and energizing speech by the Honorable Ed Gainey, City of Pittsburgh Major. His inspiring words emphasized the crucial need for our city to prioritize and actively work toward increasing equity, inclusion, and diversity in all aspects of our community. Mayor Gainey's passionate message set the tone for a transformative event focused on creating positive change in our region. The incredible day-long event brought together brilliant minds and influential leaders from our region. The engaging program featured a variety of formats, including intimate fireside chats, thought-provoking presentations, a captivating keynote speaker by Audra Bohannon, impactful videos, and interactive exercises that kept attendees engaged and inspired throughout the day. Here are some of the key takeaways that resonated with me: 📣 Embrace discomfort and step out of your comfort zone 📣 Always bring your best self to the table 📣 Diversity, equity, and inclusion are non-negotiable principles 📣 Foster an inclusive environment through honest performance feedback 📣 Don't let fear hinder progress 📣 Collaborate and climb together, rather than compete 📣 Speak up, speak out, and take action to create meaningful change I left the conference feeling heard, seen, and compelled to share my story to advocate for a more equitable and inclusive Pittsburgh. It is our collective responsibility to make our city livable for ALL! Now is the time for us to be bold, fearless, and authentic in our efforts to build a stronger, more vibrant, and more inclusive community. We must confront challenges head-on, have difficult conversations, and take decisive action to ensure that everyone in our region has the opportunity to thrive. I invite you to join me in this essential work. Let’s chat! www.mccg.info/contact #diversity #equity #inclusion #Pittsburgh #community #leadership #collaboration #empowerment