Diversity Equity & Inclusion
Inclusivity means not ‘just we’re allowed to be there,’ but we are valued. I’ve always said: smart teams will do amazing things, but truly diverse teams will do impossible things.
We believe that a crucial component of an engaged and difference-making workforce is its diversity, equity, and sense of belonging, combining unique strengths, personalities, talents, skills, and perspectives. When we’re inclusive of all race and ethnicity, gender, generation, sexual orientation or otherwise, we create opportunities for innovation and unlock the true potential of our talent.
We believe that great leaders are generous, compassionate, integrous and fair, and they align the values of their organization with their values outside work. They encourage diverse viewpoints and are inclusive of all. At ConvergenceCoaching®, LLC, we stand with Black, Indigenous, and other People of Color (BIPOC), LGBTQ, and other marginalized groups in their quest for real justice, equality and inclusion. We stand against acts of violence, discrimination, and oppression. And we are committed to learn more and do more to use our platform to promote limitless inclusion. We can and will do better.
Internally, we are on our own learning journey, doing diversity, equity, and inclusion (DE&I) coursework, holding discussions with BIPOC, LGBTQ and others about their experiences in our profession and our country, and driving change in our own firm first. We’re also seeking ways to use our platform to further justice, equity, diversity, and inclusion in the world. The members of the ConvergenceCoaching® DE&I Committee are:
- Emily E. Brantz
- Jennifer Lee Wilson
- Renee Moelders
- Tamera Loerzel
While this is the right thing to do, it is important to note that there is a business case for DE&I in your firm:
- Increased profit -- McKinsey and Company showed companies with ethnic/cultural diversity on executive teams were 33% more likely to have industry-leading profitability
- Demographic reality – nearly half of Generation Z is non-white (Pew Research) and according to the Senate Committee on Small Business and Entrepreneurship, over 50% of new businesses launched in the last decade were minority-owned
- Enhanced innovation -- A BCG study of 1,700 companies found those with above-average diversity produced a greater proportion of revenue from new product innovation (45% of total) than companies with below-average diversity (26%)
- And more benefits, some of which are outlined in the AICPA Ten Reasons to Focus on D&I.
Leaders must encourage uncomfortable discussions and evaluate current thinking, processes, and systems to reveal personal, group and firm biases. Only then can we identify steps to promote a more diverse, equitable and inclusive environment. We believe that listening, learning, communicating, empathizing, and appreciating one another will create a truly talent-focused culture.
We are always learning on this subject, so please contact us if you’d like to discuss our stand on justice, equity, diversity, and inclusion, explore your firm’s commitment in this area, or let us know how we can be a better ally on your journey.