Monday, September 15, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Behavioral Diversity, for DEI + Innovation

by Leon Morales
October 16, 2022
in Finance
Reading Time: 3 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


Diversity unlocks innovation and drives market growth, which is why leadership must continue to embrace the power of our differences in the workforce.

Behavioral science can give organizations the key insights needed to manage issues of diversity, equity, and inclusion (DEI). How? The behaviors that block DEI can be revealed, measured, and organized. Behavioral Diversity – what we’ve been calling BeDi – focuses on an individual’s natural strengths and talents which, when understood, leads to better career choices.

When an organization employs a behavioral solution, it can lead to hiring the right talent for every role in the organization. And organizations have long known – at least to some degree – that paying greater attention to people and their behavior is necessary to compete and win (as an organization). What many may have overlooked: Understanding behaviors also can drive innovation as it addresses DEI issues.

Broaden perspectives, solutions

Lack of DEI tends to raise its head as subtle in-groups form due to bias or ignorance. People tend to be more comfortable interacting within their like-groups. Still, a group lacking diversity denies organizations the wide variety of talents, thought and experience that diversity brings.

And the reality is that diversity issues will persist unless managed. In that sense, DEI is complicated. Among other reasons, because it is dynamic – never static. Also because – as we have discussed here before – bias is often unconscious. That can make it “innocent,” but no less detrimental.

The prize of having diverse teams includes a broader span of thinking, enabling better preparation for decision-making and achieving results. In that sense, success equals alternative viewpoints and skillsets.

Knowing, growing

So, what can behavioral science bring to this? Using a validated behavioral discovery can uncover the natural strengths of the team, driving understanding of individual behaviors, collective behavior, communication styles and talents.

Teams can then be built to maximize a mix of skills and talents, each member having behavioral insight into themselves and into their colleagues. That knowing-me-knowing-you-knowing-us knowledge also helps them to understand how to work effectively together with greater focus on how differences improve productivity and financial performance.

Embracing diversity begins with acknowledging the issue and conducting healthy, inclusive conversations. These conversations should include the buy-in to use behavioral intelligence as part of the success formula.

Business leaders must approach diversity as a complex organizational behavior change initiative. With scientifically validated behavioral platforms, the starting point must be the hiring process. Hiring diverse talent is only the beginning and won’t solve behavioral diversity alone. Inherent bias must be revealed and managed, as such discrimination often begins at the hiring stage.

Mine the benefits of ‘different-ness’

Talent competition is fierce in today’s global economy. Companies already know (we hope!) that they must have plans to recruit, develop and maintain a diverse workforce. The ones that do will be rewarding themselves, their workforce and their customers with DEI – and innovation.

Still, there are no quick fixes, which is why an early-in-process introduction of a behavior-driven strategy will pay dividends that cascade through various processes and solution…including the opportunity for greater innovation, by leveraging diversity to magnify varied perspectives, life experiences, experiences levels and more.

We have conducted significant work in the hiring space and in scientific behavior to solve behavioral diversity issues. And it has become clear that as we together move through changes from an unprecedented pandemic to near-universal remote work, the so-called Great Resignation and more, we have a remarkable opportunity to bake BeDi – and its many measurable benefits – into the new formula.

Now is the time to introduce behavioral science. If you are measuring behavioral diversity and have lessons to share or if you want to begin leveraging BeDi, I’d love to talk with you. A fresh look at DEI and a new era of innovation are within your reach.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Source link

Tags: BehavioralDEIdiversityInnovation
Previous Post

September Services-Sector Expansion Continues, Price Pressures…

Next Post

Episode #448: Annie Duke – Why Great Investors Are Great Quitters – Meb Faber Research

Related Posts

ASIC: ANZ admits widespread misconduct, agrees to pay record A0m in penalties

ASIC: ANZ admits widespread misconduct, agrees to pay record A$240m in penalties

by Euro Times
September 15, 2025
0

Australia and New Zealand Banking Group (ANZ) has admitted to “partaking in unconscionable conduct” by incorrectly reporting bond buying...

Sugar Prices Slip on Prospects of Higher Indian Sugar Exports

Sugar Prices Slip on Prospects of Higher Indian Sugar Exports

by Barchart
September 15, 2025
0

October NY world sugar #11 (SBV25) on Friday closed down -0.03 (-0.19%), and October London ICE white sugar #5 (SWV25)...

Festive offers, tax cuts to fuel retail lending by banks

Festive offers, tax cuts to fuel retail lending by banks

by Joel Rebello
September 14, 2025
0

The upcoming festive season-and the sharp cuts in each producer and private taxes-have offered banks the chance to finance burgeoning...

Businesses Are Putting 22% Of Their Profit In Bitcoin, Report Says

Businesses Are Putting 22% Of Their Profit In Bitcoin, Report Says

by David Okoya
September 14, 2025
0

Benzinga and Yahoo Finance LLC might earn fee or income on some objects by means of the hyperlinks beneath. Personal...

The true cost of getting on the housing ladder – which means some Gen-Z may never own a home

The true cost of getting on the housing ladder – which means some Gen-Z may never own a home

by Alicja Hagopian
September 14, 2025
0

Get the free Morning Headlines e-mail for information from our reporters the world overSignal as much as our free Morning...

DVN Quantitative Stock Analysis | Nasdaq

DVN Quantitative Stock Analysis | Nasdaq

by Validea
September 13, 2025
0

Under is Validea's guru elementary report for DEVON ENERGY CORP (DVN). Of the 22 guru methods we observe, DVN charges...

Next Post
Episode #448: Annie Duke – Why Great Investors Are Great Quitters – Meb Faber Research

Episode #448: Annie Duke – Why Great Investors Are Great Quitters - Meb Faber Research

These 10 Markets Have Rising Commercial Vacancy Rates—Remote Work Is Hurting Investors

These 10 Markets Have Rising Commercial Vacancy Rates—Remote Work Is Hurting Investors

West’s Unfriendly Policy Towards Belarus Turning Into Aggressive One, but No Particular Risks for Now

West’s Unfriendly Policy Towards Belarus Turning Into Aggressive One, but No Particular Risks for Now

September 15, 2025
The Gabelli Utilities Fund Q2 2025 Commentary (undefined:GAUIX)

The Gabelli Utilities Fund Q2 2025 Commentary (undefined:GAUIX)

September 15, 2025
ASIC: ANZ admits widespread misconduct, agrees to pay record A0m in penalties

ASIC: ANZ admits widespread misconduct, agrees to pay record A$240m in penalties

September 15, 2025
NATO has no defenses against drones – Western media — RT World News

NATO has no defenses against drones – Western media — RT World News

September 15, 2025
Sugar Prices Slip on Prospects of Higher Indian Sugar Exports

Sugar Prices Slip on Prospects of Higher Indian Sugar Exports

September 15, 2025
‘Time for being soft is over’: Donald Trump reacts to Indian man beheading in Dallas; vows action

‘Time for being soft is over’: Donald Trump reacts to Indian man beheading in Dallas; vows action

September 15, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

West’s Unfriendly Policy Towards Belarus Turning Into Aggressive One, but No Particular Risks for Now

The Gabelli Utilities Fund Q2 2025 Commentary (undefined:GAUIX)

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In