Capital Region Chamber (Albany Office): Capital Region Chamber Helps Businesses With Diversity, Equity, And Inclusion Journey With Onlin ...

Albany NY

13 May, 2021

12:31 PM

Description

Press release from the Capital Region Chamber: May 13, 2021 The Capital Region Chamber has announced a new online resource guide on its website to aid the business community with their diversity, equity, and inclusion (DEI) initiatives. The resources are intended to offer encouragement and insight about how to advance diversity, equity, and inclusion as fundamental business values reflected in operations and activities. In addition, there are sourced articles and tools from subject matter experts, as well as links to authoritative websites to help businesses, organizations and individuals, no matter where they are on their DEI journey. "Providing a central location where area businesses can access DEI best practices, whitepapers, and guides is important as we work collectively to build a more diverse, equitable and inclusive workforce and region," says Jason Benitez, Vice President, Talent, Diversity and Inclusion at the Capital Region Chamber, According to McKinsey & Company's 2019 report Diversity Wins, which encompassed 15 countries and more than 1,000 large companies, organizations in the top quartile of gender diversity were more likely to outperform on profitability—25% more likely for gender diverse executive teams. Organizations in the top quartile for ethnic/cultural diversity among executives were 36% more likely to achieve above-average profitability. Conversely, companies in the bottom quartile for both gender and ethnic/cultural diversity were 27% less likely to experience profitability above the industry average. This press release was produced by the Capital Region Chamber. The views expressed here are the author's own.