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The Diversity Project launches new Inclusive Culture Guide for CEOs

The Diversity Project has set out practical steps to achieving an inclusive culture in a new guide aimed at CEOs of savings and investment firms. Based on behavioural science, it is designed as  an aid to developing inclusive playbooks, with checklists and resources to help employers level the playing field and create a sense of belonging within their organisations.

In an inclusive culture, there is trust, fairness, and diverse perspectives. Our perspectives come  from the sum of our parts, some are fluid, some we choose and some we do not. They combine to  create our unique identity.

An inclusive culture is a better place to work for everyone. It is associated with higher engagement, productivity, and profitability, as well as improved well-being, fewer sick days, and lower burnout.

Based on the two pillars of frameworks and people, supported by data and policies, the guide is split into three parts:

  • Part 1: takes you through deciding the steps to take now. Part one is designed to help CEOs determine where their organisation is now and sets out options for how they might better integrate inclusion into their corporate strategy.
  • Part 2: digs deeper if you want to. Part two provides more options and looks at some of the complexities around diversity, fairness, and inclusion.
  • Part 3: recaps the key points and provides checklists and resources. Part three provides a recap, checklists, and materials to support culture change.

This practical and succinct guide is written to help time-poor executives. Jayne Styles, author of the guide and former CEO of MS Amlin Investment
Management commented, “Culture starts from the top. An inclusive culture is about trust, fairness, and diverse perspectives. It is where everyone thrives. I invite CEOs to use this behavioural science-based guide to review and develop their inclusion playbooks to truly shift the dial.’

Baroness Helena Morrissey, Chair of the Diversity Project, says:

“Progress on hiring more diverse people will only translate into greater diversity at all levels of an organisation if new recruits feel included and have opportunities to develop. Developing an inclusive workplace culture is now recognised as critical in the ‘war for talent’ – the problem is ‘how?’ This Inclusive Culture guide is full of ideas to help CEOs of investment firms to make practical, straightforward interventions to alter even entrenched behaviours and attitudes. It tackles a big problem through multiple manageable steps – starting from the top.”

Dame Elizabeth Corley, Chair Designate, Schroders and Chair, Impact Investing Institute says: “The CEO Inclusive Culture Guide provides up to date, pragmatic yet insightful advice, tool kits and experiences in one helpful digest that is easily accessible to the busy executive.”

Dame Anne Richards, CEO, Fidelity International, says: “Creating an inclusive culture that welcomes a range of different backgrounds, cultures and perspectives not only makes life more interesting but also makes good business sense. It is demonstrably true that diverse groups of people are much better at solving problems. The Diversity Project’s Inclusive Culture guide is a useful guide for our industry – by sharing ideas and successes, we will make the most progress.”

Peter Horrell, UK Chairman, Fidelity International, says: “An inclusive culture is not simply about accommodating difference. It is about incorporating the value of difference into everything that you do. These helpful guides give practical steps that can be taken to achieve this aim.”

The Diversity Project is a collaboration of over 90 organisations to create a generation of talent, diverse in every aspect, including greater socioeconomic diversity and more black and minority ethnic, and female fund managers.

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