Diversity in the Workplace

Abstract

The ‘diversity in the workforce' chapter looks at the current status of gender diversity in the workplace and describes initiatives that are commonly designed and implemented by organizations for their female workforce and their senior leaders in pursuit of gender parity. It is emphasized that one or two interventions in isolation will not guarantee gender parity but that a combination of interventions is necessary, depending on the size and complexity of the organization. Furthermore, it is underlined that if these interventions are perceived as attractive by senior leaders then the senior leaders should be encouraged to invest time and resources in pursuing them. It will raise their commitment to become diversity champions, which is key for sustainable change. Examples from finance and professional service firms illustrate how some of the described interventions are used to enhance diversity.