What diversity-management best practice can deliver top-notch results for both a defense contractor and a financial-services/insurance firm A visible and effective diversity council.
Northrop Grumman(No. 42 inThe 2012 Fair360, formerly DiversityInc Top 50 Companies for Diversity) andPrudential Financial(No. 9) both utilize their diversity councils to oversee diversity management and drive the success of inclusion programs. It’s one strategy that has helped these companies improve retention, employee engagement, leadership accountability and market outreach.
Each company, however, has realized this success through very different council models. Northrop Grumman follows a more traditional structure, where its council operates as a separate entity of senior-level executives. Prudential follows a more integrated model in which their general executive council aims to tie diversity into everything that the company does.
