EVOLVE Business and Professional Magazine May 2018 | Page 19

In the case of an organization’s workforce, one can identify the amount of diversity that exists by simply counting and summing the totals. However, it is much more difficult to examine whether that workforce is truly inclusive. High levels of diversity within the workforce might suggest inclusivity. But often, the only true measure is to survey and interview those who have previously been excluded. Large numbers of women, for example, in management positions might indicate diversity. But, are these women in positions of power? Do they have decision-making they thought about diversity and inclusion. The HBJ found several common threads: 1 A diverse workforce helps a company increase its touch 2 Diverse CEOs who had experienced obstacles, sought to 3 There was genuine disappointment in the lack of progress responsibilities? Can they hire and fire the personnel in their organization? Do they feel like they belong? 4 Why Does Diversity and Inclusion Matter? The simple answer is it matters because organizations that are more diverse in their makeup outperform those that are less 5 diverse. The McKinsey Global Institute, a global management consulting firm, conducted a research study in 2015 which found that organizations with gender diversity financially outperformed the industry median by 15% and organizations with ethnic diversity outperformed by 35%. The Harvard Business Journal (HBJ) took the study further. They interviewed top CEOs around the globe and asked them what DR. WENDY MYERS C E O , F LO R I DA H E A LT H C A R E P L A N S with an increasingly diverse customer base. remove those barriers for others. in C-Suite inclusion. A diverse culture was important, but an inclusive one that allowed people to bring their authentic selves to the organization was viewed as most desirable. Most common hindering factor to inclusivity was the lack of access by diverse talent to networks and “behind-closed- doors” conversations. In some cases, studies have found not all lack of inclusivity is intentional. Some of it is just human nature. People are often most comfortable in talking and being with people like themselves. Organizations have to do a better job of encouraging and exposing team members to different cultures and ways of thinking in order to unseat the traditional business cliques. THERE’S A DOCTOR IN THE HOUSE. Dr. Wendy Myers is CEO of Florida Health Care Plans. With 1,200 employees and more than 90,000 members she does not have a minute to waste. That is why she invests in Team Volusia Economic Development Corporation and serves on its Executive Board. “Economic development is vital to our success as a community,” she said. “We need to ensure that every dollar and every hour invested contributes to the effective recruitment of companies interested in relocation to, or expanding in, Volusia County. Team Volusia is helping us compete effectively for quality employers with great jobs to fill.” TEAMVOLUSIAEDC.COM 386.265.6332 INVESTOR SPOTLIGHT