The co-recipient of 2001 Nobel Peace Prize, Kofi Annan once said, “We may have different religions, different languages, different colored skin but we belong to one human race”. Diversity and inclusion is the engine of invention. It leads to more innovation, more opportunities for everyone, better access to talent, and better business performance.
But the big question is, “What do diversity and inclusion exactly mean?”, and “Why diversity and inclusion are an absolute imperative for any business or organization?” Diversity is about differences, in terms of age, gender, ethnicity, religion, disability, sexual orientation, education, and national origin. And when it comes to Inclusion, it is an organisational effort and practices in which different groups or individuals having different backgrounds are culturally and socially accepted and welcomed, and equally treated.
PwC conducted a Global Diversity and Inclusion Survey across different industries and HR leaders and found that 87% of them completely believe that diversity is a priority area for their organization. The most important part of the survey is that 42% agree or strongly agreed that diversity is a barrier in their company’s growth and progression.
In today’s globalized world, both diversity and inclusion are increasingly critical. In PwC study, 82% of respondents whose organisations have a global footprint agree or strongly agree that employees demonstrate a commitment to inclusion – compared to 67% of local companies.
There are a number of reasons why D & I matter to every business and we will mention the top five.
1) Good for Business: Companies that embrace diversity gain higher market share and a competitive edge in accessing new markets. In the 18th Annual Global CEO Survey, 85% of the CEOs they surveyed whose companies have a formal diversity and inclusiveness strategy said it’s improved their bottom line.
2) Diversity and inclusion bring us all opportunities to learn from others and grow: By working with people from different backgrounds and with different experiences and working styles, we learn and get another view. Diverse views make for better decisions and thus drive a high-performance culture.
3) Diversity plugs the talent gap for businesses
Let us introduce you to Dr. Niru Kumar and Dr. Akshay Kumar who pioneered and enlightened the concept and need for Diversity & Inclusion in India.
Dr. Niru Kumar is a Medical Doctor, Psychologist, Diversity & Inclusion Consultant, Mars Venus coach, Senior Barbara Annis Associate, Hypnotherapy practitioner, teacher affiliated to California Hypnosis Institute and an NLP expert. She is the only Mars Venus Coach in India and a known pioneer in the field who began this work in leading organizations 10 years back. Her workshops are one of its kind as she skill-fully uses Diversity, NLP and Hypnotherapy techniques to bring profound and authentic transformation in personal and professional lives of the participants. Organizations like PepsiCo, Yum Foods, Vodafone and Walmart decided to roll this process to the entire organization pan India with partnership and Consultancy with Dr. Niru Kumar.
Dr. Akshay Kumar, a V. Professor at IIIT Delhi, a Consultant Psychologist and Head at Artemis Hospital, Gurgaon has developed one of the 1st courses in Positive Psychology and Leadership in India, on the International Harvard Module. He has 06 years of corporate experience working for Dr. John Gray’s (bestselling author of the book, ‘Men are from Mars, Women are from Venus’) Mars Venus Coaching as a behavioral, management trainer at Wal-Mart India, Vodafone, IBM, Coca-Cola India, Intel, Aditya Birla, American Express, Yahoo Inc., Evalueserve, Unicon and Unison.
The Global Diversity & Inclusion Summit 2018
To make the diversity and inclusion more popular in Indian companies, both, Dr. Niru Kumar & Dr. Akshay Kumar are together organizing the biggest ever “Global Diversity & Inclusion Summit” on 23rd February 2018 in New Delhi, India. The summit is slated to bring together CEO’s, HR Head’s, CXO’s, and Global Diversity Thought Leaders from the UK, US and Australia. There will be an award ceremony after the summit. The registrations for the summit are open and you can register here