How organizations can actively embrace diversity, equity and inclusion

Advanced Manufacturing and Mobility Business Minute

In this episode, EY leaders Kevin Muskat and Darcy Cowell, Toyota Social Innovation Senior Manager Corey Clark, and VP and General Counsel of Interstate Batteries Kelvin Sellers discuss DE&I.

Diversity, equity and inclusion are more than just buzzwords. A diverse, equitable and inclusive workspace fosters improved capabilities and higher growth rates. One of the first steps to attaining an inclusive space is to hold ourselves accountable. Businesses should rethink their talent sourcing strategy and take necessary steps to leverage the potential of DE&I. A diverse workforce encourages innovation, enhances decision-making and maximizes business potential. Organizations that understand inclusion, equity and diversity as a business imperative can benefit from it and strengthen their performance.

Key takeaways:

• Significant diversity, equity and inclusion actions will make a difference in the community. Organizations will have to reach beyond internal activities and undertake community initiatives in local cities to have impact.
• Be curious and inquisitive and not judgmental. Get involved — not just in your company's opportunities, but also personally — to become part of the journey of embracing diversity.
• Large corporations with large employee bases can team up and work together to better the DE&I agenda. Rather than being a passive bystander, commit to become an active upstander. DE&I is an opportunity to connect with many people.