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[Leadership Impact Series] DIVERSITY, EQUITY AND INCLUSION(DEI) AS A COMPETITIVE ADVANTAGE? [Video]

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Diversity and Inclusion

[Leadership Impact Series] DIVERSITY, EQUITY AND INCLUSION(DEI) AS A COMPETITIVE ADVANTAGE?

McGill Leadership Impact Series on April 23, 2024

This panel discussion explores DEI as a competitive advantage and address some of the growing backlash against current DEI programs. Diversity, equity, and inclusion (DEI) initiatives can offer organizations a significant competitive advantage by harnessing a wide range of perspectives, experiences, and talents. This diversity fuels innovation and creativity, essential for problem-solving and product development. DEI practices also enhance company reputation, making organizations more attractive to a diverse workforce and customer base. By prioritizing equity and inclusivity, companies see improved employee engagement and retention, as team members feel valued and empowered. Additionally, embracing DEI expands market understanding and reach, enabling businesses to effectively cater to a global audience. Despite these benefits, critics argue that these initiatives can be ineffective, tokenistic, or even discriminatory themselves. The panel addresses these concerns, discussing how DEI efforts can be more impactful in today’s global context.

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