Competition on The DiversityInc Top 50 Companies for Diversity list grows fiercer each year. Companies that earn one of these coveted spots can celebrate their well-deserved recognition. However, they also need to remember that their hard work is not yet over—it takes dedication and continued focus to maintain diversity goals and continually improve to reach the next stages of diversity.
In the 1,620-word article 3 Case Studies: Why Companies Decline on the DiversityInc Top 50, DiversityInc offers three comprehensive case studies from companies that were once ranked as diversity leaders that have since fallen off the list. These are detailed examples of what NOT to do, including having a lack of visible CEO commitment and not holding executives accountable for sustainable results.
Each company case study is broken down into easy-to-follow sections: the situation, what happened, the results and the solutions. All identifying information, including each company name, is excluded from the case studies. However, their actions provide valuable insights.
Readers will learn:
- Why follow-up with employee-resource groups is critical to business results
- How decreasing the amount of executive compensation tied to diversity results could impact human-capital metrics
- How maintaining a diverse succession pipeline ultimately improves recruiting, retention and promotions throughout all levels of an organization