Companies are Losing Momentum on DEI. Here’s Why that Could be Costly.
“Nearly three years after many companies across the nation made bold pledges to support diversity, equity and inclusion, new data shows many of those efforts are losing steam — and the trend is having some significant consequences.
The latest Diversity, Equity and Inclusion Report from leadership consulting firm DDI found an 18% decrease in leaders’ endorsements of their companies’ overall DEI efforts in the last two years. That includes declines in optimism about recruitment, advancement and diversity of leadership.
Diversity experts had warned many companies would struggle to maintain momentum on DEI as the economy evolved, and the uncertainty of early 2023 hasn’t helped.”