A recent decline in diversity among entry-level professionals
underscores the importance of sustained DEI efforts. Kiranbir
Sodhia, a tech leader in the DEI space, believes organizations must
continue to commit to fostering diverse and inclusive workplaces
with new approaches.
LOS
ALTOS, Calif., June 18,
2024 /PRNewswire-PRWeb/ -- Despite years of progress,
Diversity, Equity, and Inclusion (DEI) in entry-level technology
positions has seen a sharp decline in both the United States and the United Kingdom, according to research
conducted by Rockborne, a subsidiary of the Harnham Group. In 2023,
the U.S. witnessed a staggering two-thirds decrease in new recruit
levels for women, plummeting from 36% in 2022 to 12%. Similarly, in
the U.K., the percentage of women entering the profession fell from
35% to 11%. (1) Kiranbir Sodhia, a proponent of diverse teams,
emphasizes the benefits of increased diversity in driving
collaboration and innovation. "Reducing DEI initiatives not only
risks losing diverse talent but also damages company culture and
invites backlash," says Sodhia.
"Reducing DEI initiatives not only risks
losing diverse talent but also damages company culture and invites
backlash," says Kiranbir Sodhia. "As we face challenges in
maintaining diversity in the workforce, it's crucial for
organizations to prioritize DEI efforts."
Moreover, the study highlighted a concerning trend in diversity
beyond gender. In the U.K., the proportion of entry-level Black,
Asian, and Minority Ethnic professionals dropped from 42% in 2022
to 12% in 2023, marking a significant regression from the progress
observed since 2020. Similarly, in the U.S., the percentage of
Black, Indigenous, and professionals of color at entry level
plummeted almost 60 points, from 70% in 2022 to 11% in 2023.
(1)
Despite these alarming statistics, DEI remains a priority for
many organizations. A recent report found that 72% of C-Suite and
HR leaders plan to increase their commitment to DEI initiatives.
(2)
Why DEI Matters
It is clear that employees value DEI. Of IT professionals polled,
83% say diversity initiatives have made their company a better
workplace, while 77% say they have positively impacted business
results. (3)
Beyond ethical concerns, inclusion plays a key role in
high-performing teams and organizations, with data clearly
supporting its importance:
- Impact on Employees' Morale: Employees from inclusive
organizations are 9.8 times more likely to look forward to going to
work, 6.3 times more likely to have pride in their work, and 5.4
times more likely to want to stay a long time at their company.
(4)
- Impact on Revenue and Profit: More diverse companies have
higher revenues. Data from Great Place to Work-Certified™ companies
revealed that those with significant gaps between the experiences
of white employees and minorities had significantly lower revenue
growth. Companies with the largest gaps averaged 8.6% revenue
growth, while those in the top quartile averaged 11.1% growth. (5)
Additionally, McKinsey reports that companies in the top quartile
for gender diversity on executive teams are 39% more likely to
financially outperform their peers, and those in the top quartile
for ethnic diversity are similarly 39% more likely to outperform.
(6)
- Impact on Innovation: A study surveying over 1,700 companies
across eight countries found that the most-diverse enterprises were
also the most innovative. Companies with above-average total
diversity had 19 percentage points higher innovation revenues and 9
percentage points higher EBIT margins on average. Firms with
enabling diversity factors like fair employment practices and top
management support saw up to 12.9 percentage points increase in
innovation revenue. (7)
Regarding this last point, Sodhia highlights: "Companies benefit
from diversity of ideas not just of representation. Diverse ideas
come from diverse representation and from diverse ideas comes
greater innovation".
Steps to fix diversity
Improving diversity does not happen overnight. "You can't solve the
DEI issue in one year," Sodhia says. "It takes years and years, and
if you try to rush it, you're going to get it wrong." Sodhia
acknowledges that there will always be someone better out there and
urges companies to stop trying to hire "the best person for the
job". It is more important to look for great team members, that are
well suited to the job and the culture of the company, as they can
be trained to be the best people for that team.
Sodhia highlights that companies can cultivate a diverse
environment by providing employees with flexibility and encouraging
authenticity. Additionally, "role models" hold significant
importance: having individuals from varied backgrounds in
leadership positions with real influence can inspire colleagues to
pursue and deepen their career paths within the organization.
"Candidates are out there; it's a matter of building a pipeline
to take advantage of the graduates that colleges and universities
are already preparing", points out Sodhia. Companies can start
by:
- Acknowledging that it takes time to build a diverse team.
- Being open and honest about their DEI intent, standing firm on
their commitment.
- Practicing caution when looking for team member
participation.
- Expanding where they recruit from moving forward.
- Improving AI training used in selections processes.
The final point is especially relevant. Tech companies must look
at how they are training the AI models that they are using during
selection processes. AI models can be more meaningful if they help
find the exceptions, or so-called "needles in the haystack". Sodhia
explains, "I think the biggest issue lies in how AI models are
trained. Companies must make sure that their models are truly
objective." AI itself shouldn't have personal biases, but it will
if the models use biased data.
Using AI to address diversity
Despite its positive impact in the corporate world there are
growing concerns about the future of DEI efforts, particularly in
light of recent actions by tech giants. As an example, both Meta
(8) and Zoom (9) back their DEI initiatives.
At the same time, AI and diversity have been in the spotlight as
this technology is being implemented to automate selection
processes. Without the inclusion of diverse people in AI
development, there is the potential for even more significant power
imbalances for minorities, whether that is for the workers or the
consumers.
Navigating these challenges with DEI and AI is vital to the
future. Organizations must improve communication about DEI
initiatives and foster transparency to build understanding and
buy-in. Equally important is ensuring that AI is not inadvertently
biased via the models it is trained on lacking diversity.
"As we face challenges in maintaining diversity in the
workforce, it's crucial for organizations to prioritize DEI
efforts," emphasizes Sodhia. "We must continue to champion
diversity and inclusion to drive innovation and success."
About Kiranbir Sodhia
Kiranbir Sodhia, a distinguished leader and engineer in Silicon
Valley, California, has spent over
15 years at the cutting edge of AI, AR, gaming, mobile app, and
semiconductor industries. His expertise extends beyond product
innovation to transforming tech teams within top companies. At
Microsoft, he revitalized two key organizations, consistently
achieving top workgroup health scores from 2017 to 2022, and
similarly turned around two teams at Google, where he also
successfully mentored leaders for succession. Kiranbir 's
leadership is characterized by a focus on fixing cultural issues,
nurturing talent, and fostering strategic independence, with a
mission to empower teams to operate independently and thrive.
Kiranbir Sodhia: Transforming Tech Teams; Cultivating Leaders
For more information visit https://www.linkedin.com/in/kiranbir/
.
References:
1. "Diversity In Data Report 2023: Summary"; Harnham; 12 December 2023;
harnham.com/diversity-in-data-summary-2023/.
2. Crist, Carolyn; "DEI backlash won't halt workplace initiatives,
most leaders say"; HR Dive; 7 June
2024;
hrdive.com/news/business-leaders-continue-dei-initiatives-despite-criticism/718323/.
3. Bennett, Madeline; "Diminishing DEI - the big mistake that some
tech firms are making and storing up talent problems for the
future"; diginomica; 2 March 2024;
diginomica.com/diminishing-dei-big-mistake-some-tech-firms-are-making-and-storing-talent-problems-future
4. Bush, Matt. "Why Is Diversity & Inclusion in the Workplace
Important?" Great Place to Work, 25 Aug.
2023,
greatplacetowork.com/resources/blog/why-is-diversity-inclusion-in-the-workplace-important.
5. Hastwell, Claire. "Racially Diverse Workplaces Have Largest
Revenue Growth." Great Place to Work®, 5
Jan. 2020,
greatplacetowork.com/resources/blog/racially-diverse-workplaces-have-largest-revenue-growth.
6. "Diversity Matters Even More: The Case for Holistic Impact |
McKinsey." mckinsey.com, 5 Dec. 2023,
mckinsey.com/featured-insights/diversity-and-inclusion/diversity-matters-even-more-the-case-for-holistic-impact#/.
7. Lorenzo, Rocio, and Martin
Reeves. "How and Where Diversity Drives Financial
Performance." Harvard Business Review, 31
July 2018,
hbr.org/2018/01/how-and-where-diversity-drives-financial-performance.
8. Elias, Jennifer; "Tech companies like Google and Meta made cuts
to DEI programs in 2023 after big promises in prior years"; CNBC;
23 December 2023;
cnbc.com/2023/12/22/google-meta-other-tech-giants-cut-dei-programs-in-2023.html.
9. Mohan, Pavithra. "Zoom Laid off Its DEI Team—and It's Not the
Only Company Making Such Cuts." Fast Company, 8 Feb. 2024,
fastcompany.com/91025936/zoom-laid-off-its-dei-team-and-its-not-the-only-company-making-cuts.
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