wilton & bain diversity insight jan 2016

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Diversity Insight - January 2016

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Page 1: Wilton & Bain Diversity Insight Jan 2016

Diversity Insight - January 2016

Page 2: Wilton & Bain Diversity Insight Jan 2016

“The Inequality Challenge” is on the agenda http://bit.ly/1T9mB9z at this year’s World Economic Forum meeting in Davos. In recent months, Diversity and the question of a gender pay gap have again been political issues, but how many organisations treat these as more than simple compliance issues? Indeed, is there business value beyond compliance and equity of pay? And, how can HR executives bring these issues and values onto the broader business agenda?

Those questions were posed to a recent Wilton & Bain Insights Panel by partners Tim Kemp and Chloe Watts. Tim is responsible for HR-related executive search at Wilton & Bain, while Chloe looks after HR-related interim projects for the WBMS division. The session was attended by HR directors and senior executives with an interest in the topics of diversity and inclusion. It started with a demonstration of Gender Gap, a powerful new tool from Compindex that allows managers to explore and understand their diversity data across a number of dimensions. The discussion quickly expanded across:

• What are we measuring?

• Why should we care?

• How do we build diversity?

Diversity

“Diversity is a continuum between those organisations who think they ‘haven’t got enough women’, and those who are actively developing a greater diversity of thinking.”

Page 3: Wilton & Bain Diversity Insight Jan 2016

Diversity is, of course, more than the visible differences of gender or ethnicity. Indeed, it is more than religion, sexual orientation or university. The reasons for managing diversity are much broader that just this.

Effective tracking tools need to reflect the full richness and complexity of organisational diversity. Too often the diversity debate gets bogged down in questions of data quality rather than substance. Worse still, there is a limit to the attention that a busy boardroom will afford such as a hefty deck of PowerPoint charts or endless Excel. Tools that bring a dynamic, interrogable and visual representation of the data can be effective in gaining the attention of senior executives.

“With effective tools, exec teams are quicker to get to the problem.”

However, moving from data pointing to the issue to delivering impactful action plans continues to remain a key challenge.

What are We Measuring?

Page 4: Wilton & Bain Diversity Insight Jan 2016

“Insight can take you so far, but when the issue becomes, ‘Show me why having a diverse work force is a good thing’, the debate gets more interesting.”

Some major firms like Unilever have found that gender-balanced teams perform better than either all-male or all-female teams. Unilever has made a very public commitment to building gender-balance. Boardrooms and management decision-making which reflect consumer markets produce better results. Companies need to be aware that diversity issues and their impact vary globally. In China for example, there are more female senior managers than male with a similar shift in the working demographic occurring in India.  What works well in one jurisdiction is not necessarily effective in another culture or region.

As Compindex’s Charles Mack explained, “Every organisation is focusing on gender diversity at the moment. HR and D&I directors like the ability to produce a single, standard report that they can give their board or D&I Council access to, anywhere in the world. It’s a cloud-based system using anonymised data so people can have access and play with the report before a meeting. Empowering people with the data beforehand leads to a more meaningful discussion when the board meets. It takes questions of data quality off the table.”

Why Should We Care?

Page 5: Wilton & Bain Diversity Insight Jan 2016

Many executives and managers have a very siloed perspective. If diversity is not an “issue” in their team, they see it as “not my problem”. Clear ownership is essential: “If Diversity is owned by the business (and not by HR), it will be more resonant.”

A generic diversity programme will not be effective. “There is a difference between being informed and choosing to apply what you’ve been taught.” However, including diversity training within other development activities, can work well. Especially if it is aligned to overall business outcomes. Small steps are most effective and attitudes take time to change.

Great data is a powerful starting point for addressing diversity. One firm uses a single, daily question when an employee logs on to test the temperature of culture and engagement. The challenge is to weave diversity into ongoing business strategy. Be clear about any goals so that the organisation can benefit from diversity of thinking, rather than treating the topic as an exercise in compliance.

How Do We Build Diversity?

“In reality, gender is a way of surfacing other issues of diversity and inclusion that are important to individuals. What we learn from addressing gender diversity is hugely transferrable across all aspects of diversity and inclusion.”

Page 6: Wilton & Bain Diversity Insight Jan 2016

CreditsWilton & Bain would like to thank the following executives for their participation:

• Laura Hayes, Compindex • Charles Mack, Director at Compindex • Fleur Bamber, Account Director at CA Technologies • Anthony Bruce, Partner at PwC • Ailsa Donovan, Director Group Talent Development at

Compass Group plc • James Hartley, HR Director, EMEA at financial services

company TBA • Duncan Neilson, former HR Director at Amazon UK • Anne Pritam, Partner (Employment Law) at Stephenson

Harwood • Nigel Turner, HR Director at Argos • Iain Slater, HR Director, UK Grocery at Associated British

Foods plc

How Do We Build Diversity?

“To really get to grips with diversity, organisations need to take stock and review what they are doing….

…Like any recovery plan, establishing the start point is a necessary but not a sufficient condition for success.”

TIM KEMP, PARTNER, WILTON & BAIN

© Copyright of The Wilton & Bain Group 2016

Page 7: Wilton & Bain Diversity Insight Jan 2016

Chloe Watts Partner, Human Capital Services Interim Management Tel: +44 (0) 7808 400437 [email protected]

WBMS is the UK’s leading interim and management solutions provider, specialising in helping organisations to rewire for change, both in the UK and internationally. 

wbmsglobal.com

Tim Kemp Partner, Human Capital Services Executive Search Tel: +44 (0) 7825 382 760 [email protected]

Wilton & Bain Executive Search offer the quality, versatility and dedication of a boutique combined with international coverage priding itself on one of the highest researcher partner ratios in the industry.

www.wilton-bain.com

Key W&B Contacts

The Wilton & Bain Group  is a global leadership advisory boutique which provides executive search, interim management, management consulting and contingent recruitment services. 

As a challenger brand, we have been a forerunner in this market for over 15 years, working alongside some of the world’s leading companies.

We specialise in the Information Technology, CFO/CIO, HR, Media, Professional Services and Financial Services Industries, delivering outstanding leadership teams for the most innovative companies globally.

© Copyright of The Wilton & Bain Group 2016