Category: DIVERSITY BUSINESS

mcgregor-smith 0

Firms urged to publish ethnic breakdown

A government-backed review has called for many firms to publish a breakdown of their workforce by race and pay. The report by Baroness McGregor-Smith said the economy could receive a £24bn annual boost if businesses stamped out ethnic inequality. It found that people from black and minority ethnic (BME) backgrounds were still often disadvantaged at work. But the government has ruled out legislation on such a breakdown, opting for a voluntary approach instead. “The time for talk on race in the workplace is over, it’s time to act”, said Baroness McGregor-Smith, whose report was commissioned by the former business secretary...

3-ways-business-culture-differs-1280x720 0

3 ways business culture differs around the world

Planning on doing business internationally? Here’s how business manners differ across the globe   TABLE TROUBLES One place where cultural differences between international business partners is conspicuous is the dinner table. For example, a Japanese executive may make slurping sounds while eating or a Chinese counterpart may leave food on their plate at the end of a meal. Such behaviour should not be interpreted as bad manners. In Japan, slurping indicates the food is being enjoyed and in China, if a person eats all the food on their plate, it may be interpreted that they are still hungry and would like...

Female-Entrepreneur-750x400 0

The women-led startups smashing the glass ceiling

“What’s the appeal of entrepreneurship? Personally, it’s freedom. I don’t have to be at work at 9am or take lunch at 1pm. I can opt out of the things I don’t like,” says Natalie Campbell, serial entrepreneur and co-founder of consultancy A Very Good Company. Campbell started her first venture, a franchise of fashion chain Morgan de Toi, while at university. Now, alongside her consultancy, she is a director and board member of a number of other companies. Enjoying serial success in her early 30s, Campbell is among a successful cohort of women serial entrepreneurs – 38% of serial entrepreneurs...

sarah-glendinning-cbi-ne 0

Companies in the North East are leading the way in diversity, business chief says

CBI regional director Sarah Glendinning on the regional firms highlighting the benefits of diversity in the workplace Last week I hosted a CBI roundtable with senior business leaders from the region to discuss the Gender Pay Gap. If approved by Parliament in the coming months, the current Gender Pay reporting regulations will come into force in April 2017. Many companies – such as PwC and Virgin Money – have already taken steps to measure and report their gender pay data, and others are already aware of the changes that will come into force. At the CBI we are working hard...

A positive attitude and determination can help you overcome your 0

Closing the disability employment gap

Despite government and other initiatives, efforts to get more disabled people in work are falling short of official targets which increasingly appear difficult to meet   The government has a bold target – to halve the 33 per cent employment gap between disabled and non-disabled workers by 2020. Government estimates suggest this would mean that over one million more disabled people would have to enter the workforce, out of around seven million disabled people of working age, with over three million already in work. The Learning and Work Institute, a think-tank, has estimated that at the current rate it would take 200...

brexit-sign-eu-referendum 0

Brexit signals segregation and xenophobia

In the face of Brexit-fuelled division, businesses are now the centre ground with the commercial incentive to build inclusive cultures that can protect their brands and talent   Whatever your view on the decision to leave the European Union, the vote itself was polarising, turning a complex set of issues and perspectives into a binary decision. The resultant political change, rather than being a steadying measure and counterweight to polarisation, has actually exacerbated it. Since the Brexit vote, reported incidents of xenophobia have increased across Britain. The negative noise around Brexit has the potential not only to harm diversity, but also...

IFB2016 0

DIVERSE MAGAZINE IFB2016 CONFERENCE

Date: June 17, 2016 Venue: Liverpool Exhibition Centre Following the success of the 2014 IFB conference the 2016 conference again aims to be the flagship IFB2016 event for exploring Global Best Practices in Diversity & Inclusion particularly in the Manufacturing sector and will look at how embedding Diversity and Inclusion within design, creativity and innovation enables companies to compete in global markets. The conference will provide a unique opportunity for exchange of learning from, and network with, international leading diversity and HR professionals.  Global Heads, Directors and VP’s of Human Resources and Diversity along with Boards Members of some of...

Farzana-Baduel 0

THE BUSINESS CASE FOR DIVERSITY

I started Curzon PR, a public relations and strategic communications agency six years ago in 2009. My entry into public relations seemed to coincide with a time when the industry, that had for so long prided itself on the modern, progressive and cosmopolitan image it had cultivated, seemingly woke up to the fact that it had an incredibly poor record with regards to diversity. The most recent figures indicate that just eight percent of PR practitioners are from an ethnic minority background, and while the industry generally has a good record with gender diversity, it still remains overwhelmingly male dominated...

tim-cook 0

IS THERE A DIVERSITY DIVIDEND?

Is there a diversity dividend? That was the question that posed in a special Talking Business programme from the World Economic Forum, in Davos. There is evidence, for instance, that boards of directors with greater diversity generate more dividends. That means greater returns to shareholders and fewer bonuses paid to managers. So, it matters who’s at the top. Yet, only 4% of bosses in the UK financial services industry and 4.6% of chief executives of S&P 500 companies are women, and there are just six black CEOs of Fortune 500 companies. With respect to gender, there are numerous studies that...