Inthe past few articles we have shared various elements of diversity ,as well as the importance of diversity audits. While our country does not make diversity a legal compliance area, in order to be perceived as a global organization that believes in equal opportunities, organizations must proactively have metrics in place related to the composition of their workforce. This kind of periodic
monitoring assists organizations in ensuring that close any glaring gaps which are leading to some kind of diversity imbalance at a particular location or business unit or management level. These metrics should also cover the board, since the diversity at the board levels is fast becoming a highly critical issue.
While on one hand tracking diversity metrics is important, comparing it against the diversity goals is also essential to track progress. Further to that, using the metrics, to come up with an action plan with clear timelines and goals, ensures that the organization has a committed approach to creating a diverse workforce.
Here are some important metrics that need...