D&I ROI™
What is ED&I ROI?
The ED&I ROI is a bespoke assessment tool that will provide you with clear evidence, both qualitative and quantitative, that enables you to make the case for your investment in ED&I work.
In Diverse Company’s ED&I ROI tool incorporates data science and human expertise to analyse your organization. The fundamental principle behind the ED&I ROI is that there is a business case for investment in diversity and inclusion. However, ED&I is a complex issue and it can be extremely challenging for businesses to understand how their ED&I agenda and performance are related.
What happens with the tool?
The approach of the ED&I ROI is broken down into two phases:
- Quantitative analysis: We investigate this through demographic analysis, enhanced customer understanding, and company performance. We consider various demographics for your organization’s internal employee population. Some examples are gender, education level, ethnicity
- Session and Focus Groups: The quantitative analysis is an in-depth review of your organization’s existing data, while the focus groups aim to gather new qualitative data by understanding how your employees feel.
We then look for insight on multiple levels, considering the demographic composition of your organisation. The aim is to answer questions such as:
Are there observable biases within certain teams, divisions, or job levels?
Do we find discrepancies in average salary for different demographics when considering job level?
What are the potential impacts of the above on team dynamics and overall company performance?
Our data scientists, psychologists and ED&I experts use this analysis to explain what is happening and why within the organisation in relation to diversity and inclusion.
Through understanding both the what and the why, we can recommend interventions that are proven to have an impact and increase the inclusive culture within your organisation. The results of the audit are presented to the Senior Leadership team and accessible through our platform, Include LXP™.
Unlike other ED&I audits, our ED&I ROI™ tool continues to track your organisational data through and monitors the link between diversity, inclusivity, interventions and company performance (all aspects, not just financial performance).
The outcome
Creating a more inclusive culture and increasing diversity are proven to have positive effects on business performance, this includes:
- Successfully explore opportunities in new markets
- Drive company growth
- Increase competitive advantage
- Enhance understanding of customers
- Higher levels of employee engagement
- Superior ability to attract and retain talent
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What we’re talking about
Our CEO
Johanna launched In Diverse Company in 2019 out of a strong belief that there was a better way to create and measure inclusive cultures.
Our team
We live by our values, and our approach to our own recruitment policy, team and purpose reflects this. We are a tech company driven by a senior team that are experts in people, with one of the only female CEOs of a HR tech platform across the world.
Our Platform: Include LXP™
Our Learning Platform, Include™ is the only LXP that combines Learning and Engagement. Include aims to create more inclusive working cultures and is underpinned by social and behavioural psychology principles.