why (and how) difference matters now

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Why (and how) Differenc e Matters Now joe gerstandt

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Diversity and Inclusion Impact Session delivered by Joe Gerstandt (www.OurTimeToAct.com) to the Diversity Roundtable

TRANSCRIPT

Page 1: Why (and how) Difference Matters Now

Why (and how)

Difference Matters

Now

joe gerstandt

Page 2: Why (and how) Difference Matters Now

consider this…

…a long time ago, in a far away galaxy, there was a man

named Uri Treisman

Page 3: Why (and how) Difference Matters Now

consider this…1.Lack of Adequate

Preparation2.Socio-economic Status3.Lack of Family Support4.Lack of Motivation

Page 4: Why (and how) Difference Matters Now

consider this…1.Assumptions2.Intentions vs. Impact3.Stereotypes4.“They” vs. “WE”

Page 5: Why (and how) Difference Matters Now
Page 6: Why (and how) Difference Matters Now

overview

1.What2.Why3.Making a

Case4.Q & A

Page 7: Why (and how) Difference Matters Now

what

Page 8: Why (and how) Difference Matters Now

diversity is…• difference• relational• multi-

dimensional• dynamic• contextual

inclusion is…

Page 9: Why (and how) Difference Matters Now
Page 10: Why (and how) Difference Matters Now

identity

diversity

Page 11: Why (and how) Difference Matters Now

cognitive diversity

differences in mental

processes of perception, judgment,

categorization, rules of

thumb, etc.

Page 12: Why (and how) Difference Matters Now

why

Page 13: Why (and how) Difference Matters Now

know these nine things you

must

Page 14: Why (and how) Difference Matters Now

1-new competitive advantage

Change is the engine of growth.

Sustainable, profitable change is fueled by

innovation.

Page 15: Why (and how) Difference Matters Now

1-new competitive advantage

Change is the engine of growth.

Sustainable, profitable change is fueled by

innovation.

Page 16: Why (and how) Difference Matters Now

Wisdom of Crowds | James Surowiecki

The Medici Effect | Frans Johansson

Page 17: Why (and how) Difference Matters Now

2-generational transition

34.7

44.6

35.4

25.7

21.1

10.8

1.8

27.9

54.9

44.8

27.4

13.7

13.9

19.9

13.5

-0.3

-9.1

-6.2

4.5

-5.7

95 years and over

90 to 94 years

85 to 89 years

80 to 84 years

75 to 79 years

70 to 74 years

65 to 69 years

60 to 64 years

55 to 59 years

50 to 54 years

45 to 49 years

40 to 44 years

35 to 39 years

30 to 34 years

25 to 29 years

20 to 24 years

15 to 19 years

10 to 14 years

5 to 9 years

under 5 years

US Population Percent Change by Age: 1990 to 2000

Page 18: Why (and how) Difference Matters Now

3-new workforce

Page 19: Why (and how) Difference Matters Now

4-new consumers

Page 20: Why (and how) Difference Matters Now

5-new contract

Page 21: Why (and how) Difference Matters Now

6-better problem solving

The Difference | Scott Page

Page 22: Why (and how) Difference Matters Now

7-culture rules

Page 23: Why (and how) Difference Matters Now

8-human nature

Page 24: Why (and how) Difference Matters Now

9-conformity kills

Page 25: Why (and how) Difference Matters Now

making the case

Page 26: Why (and how) Difference Matters Now

the business case The purpose of a business

case is to capture the reasoning for initiating a project or task.

The logic of the business case is that any time resources such as money or effort are consumed, they should be in support of the

business.

Page 27: Why (and how) Difference Matters Now

the business case

a business case is an argument

Page 28: Why (and how) Difference Matters Now

the business caseWHAT: what action are you

recommendingWHO: who are the key playersWHEN: summary of timelineHOW: how will action be

implementedWHY: what is value of action

Page 29: Why (and how) Difference Matters Now

the business case

why1.benefit2.evidence3.number4.story

Page 30: Why (and how) Difference Matters Now

the business case

benefitWhat is the business

impact of what you are proposing?

Page 31: Why (and how) Difference Matters Now

the business case

evidenceWhy do you believe

that what you are proposing will have

this impact?

Page 32: Why (and how) Difference Matters Now

the business case

number$$$$$$$$$$$$$$$$$$

Page 33: Why (and how) Difference Matters Now

the business case

storyAdditional evidence in the form of a story or

example.

Page 34: Why (and how) Difference Matters Now

the business case

the process1. Know What Matters

Most

Page 35: Why (and how) Difference Matters Now

the business case

the process2. Figure out What You

Want To Do (WWWHW)

Page 36: Why (and how) Difference Matters Now

the business case

the process3. Tell a Friend

Page 37: Why (and how) Difference Matters Now

the business case

the process4. Prepare your

Proposal

Page 38: Why (and how) Difference Matters Now

the business case

an exampleNewly responsible for diversity and inclusion at a regional bank in

the midwest – 900 employees.

Page 39: Why (and how) Difference Matters Now

the business case

an exampleDemographics seem good, but issues with retention,

and interpersonal / interdepartmental

conflict.

Page 40: Why (and how) Difference Matters Now

the business case

an exampleResearch from Hubbard &

Hubbard Inc., shows that it is common for 20-90% of work time

to be wasted on unnecessary drama, barriers, dysfunctional

relations/communications

Page 41: Why (and how) Difference Matters Now

the business case

an example25% = 2 hours per day$15 per hour$30/day/per person x number of

employees ($27,000 per day)50% that is diversity related$3.5 million / year+

Page 42: Why (and how) Difference Matters Now

the business case

an exampleTraining$50,000 to develop workshop

and materials$40,500 in lost “on the job”

timeTotal Cost = approx. $100,000

Page 43: Why (and how) Difference Matters Now

the business case

an exampleTraining• Business objectives• Performance objectives• Learning objectives

– awareness– learning– skills

Page 44: Why (and how) Difference Matters Now

the business caseWHAT: what action are you

recommendingWHO: who are the key playersWHEN: summary of timelineHOW: how will action be

implementedWHY: what is value of action

Page 45: Why (and how) Difference Matters Now

the business case

So……let’s give it a try!

Page 46: Why (and how) Difference Matters Now

the business case

get to know your team

Page 47: Why (and how) Difference Matters Now

the business case

pick a project

Page 48: Why (and how) Difference Matters Now

the business case

whatwho

whenhowwhy

Page 49: Why (and how) Difference Matters Now

the business case

why1.benefit2.evidence3.number4.story

Page 50: Why (and how) Difference Matters Now

the business caseAdditional Considerations• How does this action connect to

organizational strategy?• Have other options been considered?• Are all key players on board?• What supporting research / evidence

do you have?

Page 51: Why (and how) Difference Matters Now

the business caseAdditional

Considerations• Benchmark internally for progress,

externally for process.• Capture numbers and stories.• Look at numbers inside the

numbers…special attention for disparity.

Page 52: Why (and how) Difference Matters Now

the business caseintegrated strategy

1.leadership2.workforce diversity3.inclusive culture4.culturally competent relations

Page 53: Why (and how) Difference Matters Now
Page 54: Why (and how) Difference Matters Now

resources• The Hidden Connections: A Science

for Sustainable Living | Fritjof Capra• The Living Company | Arie De Geus• Presence | Peter Senge• One From Many: VISA and the Rise of

the Chaordic Organization | Dee Hock• The Difference: How the Power of

Diversity Creates Better Groups, Firms, Schools, and Societies | Scott Page

Page 55: Why (and how) Difference Matters Now

resources• Achieving Success Through Social

Capital: Tapping Hidden Resources in Your Personal and Business Network | Wayne E. Baker

• A Whole New Mind | Daniel Pink • The Medici Effect | Frans Johansson• Diversity Inc. | www.diversityinc.com• The Wisdom of Crowds | James

Surowiecki

Page 56: Why (and how) Difference Matters Now

resources• Leveraging the New Human Capital:

Adaptive Strategies, Results Achieved, and Stories of Transformation | Sandra Burud

• The No Asshole Rule | Robert Sutton• Killing Rage: Ending Racism | bell

hooks• Competitive Advantage Through

People: Unleashing the Power of the Work Force | Jeffrey Pfeffer

Page 57: Why (and how) Difference Matters Now

resources• The Difference: How the Power of

Diversity Creates Better Groups, Firms, Schools and Societies | Scott E. Page

• Blink: The Power of Thinking Without Thinking | Malcolm Gladwell

• Rise of the Creative Class | Richard Florida

• Social Cognition | Ziva Kunda

Page 58: Why (and how) Difference Matters Now

resources• Implementing Diversity

Measurement and Management | Edward Hubbard

• Diversity Executive Magazine | www.diversity-executive.com

• OurTimeToAct.com

Page 59: Why (and how) Difference Matters Now

joe gerstandt

next next

generationgeneration

peoplepeople

practicespractices

inclusive culture

innovative leadership

Page 60: Why (and how) Difference Matters Now

joe gerstandt

www.OurTimeToAct.com

[email protected]/joegerstandt

www.linkedin.com/in/joegerstandtwww.facebook.com/joegerstandt

402.740.7081