What is a Diversity and Inclusion Strategy?
A Diversity and Inclusion Strategy outlines the steps an organization will take to create a more inclusive and diverse workplace. It typically includes specific goals and objectives related to increasing representation of underrepresented groups, reducing bias in hiring and promotion, and creating a culture of belonging and inclusivity for all employees. A Diversity and Inclusion Strategy also often includes measures for tracking progress and ensuring accountability for meeting goals.
What's included in this Diversity and Inclusion Strategy Template?
- 3x Focus Areas
- 9x Objectives
- 9x Projects
- 18x KPIs
Who is this Diversity and Inclusion Strategy Template for?
This Diversity and Inclusion Strategy Template is intended for leaders and teams from organizations looking to develop a plan for promoting diversity and inclusion in the workplace. It is applicable to organizations of all sizes and industries.
How is this Diversity and Inclusion Strategy Template relevant to your organization?
Regardless of the size or industry of your organization, implementing a Diversity and Inclusion Strategy can benefit both your employees and your business. By creating a more inclusive and diverse workplace, you can improve employee satisfaction and retention, foster innovation and creativity, and better serve the needs of your customers and clients. This Diversity and Inclusion Strategy Template provides a comprehensive framework for developing a plan of action to achieve these goals and make meaningful progress towards greater diversity and inclusion in your organization.
1. Define clear examples of your focus areas
A focus area is a particular viewpoint that groups certain requirements set out by an organization. A recommendation from the Cascade team would be to create 4-5 key focus area which you feel are most important to address when creating your Diversity and Inclusion Strategy. The next step would be to ask yourself: Why is this focus area important to me? What is the benefit of focusing on this viewpoint from a customer's perspective? And, of course, What is the monetary benefit of investing in such a focus area? This process is useful in identifying the key area which needs prioritization which in turn can become focus areas of the strategy.
For example, the focus areas in this Diversity and Inclusion Strategy Template are: Recruitment and hiring; Culture and belonging; and Community engagement and philanthropy.
2. Think about the objectives that could fall under that focus area
A strategic objective usually has to be specific and measurable to cause enough impact and effectively explain what you want to achieve.
An example objective that could fall under the focus area of Recruitment and hiring could be: Increase representation of underrepresented groups in leadership roles.
3. Set yourself measurable targets (KPIs) to tackle the objective
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand. KPIs can be very industry-specific or broad and applicable across multiple industries.
An example of a KPI in this Diversity and Inclusion Strategy Template associated to the objective Increase representation of underrepresented groups in leadership roles could be: Increase percentage of leadership roles filled by underrepresented groups by 15%.
4. Implement related projects to achieve the set KPIs
Projects are ways in which the objective can be achieved, but more so, closely tie in with ways in which organizations can make sure they are working towards their KPIs.
A project example for the objective Increase representation of underrepresented groups in leadership roles could be: Implement targeted recruitment efforts and diversity training for hiring managers.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Make sure your strategy is front and center with Cascade. You can plan, execute, measure and adapt your strategy in one easy-to-use platform and make sure your strategic plan is connected to on-the-ground execution.
Use this Diversity and Inclusion Strategy Template and launch your strategy in Cascade; it's $0 forever.