Ernst & Young: No. 4 in the DiversityInc Top 50
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Company Information
U.S. Headquarters: New York City |
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Why It’s on the List
At Ernst & Young, the push to have a more inclusive environment and to enhance talent development of people from underrepresented groups is relentless. It starts at the top, both on a global basis and, domestically, with Americas Area Managing Partner Stephen Howe Jr., who also is the firm’s Executive Sponsor for Inclusiveness. He co-chairs the Americas Inclusiveness Advisory Council with Karyn Twaronite, and meets with resource groups every month. The eight resource groups all have executive sponsors from the highest level of the Americas organization, and these senior partners are on many multicultural boards. The strong moral values of this organization are clearly communicated to E&Y’s 167,000 global employees and are a key part of why DiversityInc gave this company our 2012 award as Top Company for Global Cultural Competence. In recent years, there has been a major effort to increase the inclusive-leadership skills of partners, principals and executives down through the rank of associate director. The successful Leadership Matters program holds them accountable for these competencies through their annual goals and year-end reviews. In 2012, the program was piloted for more junior professionals, and a series of webcasts, hosted by the Diversity and Inclusiveness team, have been made available to all employees. Also in 2012, emphasis was placed on exposing high-potential people from underrepresented groups to the most senior partners, leading to sponsorship relationships, and on examining generational differences. Partners and principals are evaluated against goals in five criteria, including diversity and inclusiveness. The CEO and Americas Inclusiveness Officer co-sponsor an Americas Inclusive Leadership Award program, which last year named 19 winners after reviewing more than 700 nominations. |
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