Last week news of the spread of COVID-19 outside of mainland China caused global share markets to plunge. In Australia, the ASX fell 10 per cent in a week. And as the coronavirus response has moved from containment to preparation, businesses have begun to recalibrate their operations to weather a global pandemic.
And when times get tough, budgets get cut – quickly. These decisions reveal which projects companies see as essential and which ones are nice to have.
While research shows that a diverse workforce is good for the bottom line, DEI programs are often the first to go when companies start to tighten their belts.
In this week’s Which-50 Minicast, Aubrey Blanche, Culture Amp’s Global Head of Equitable Design & Impact, dials in from San Francisco to discuss what tougher business conditions mean for diversity, equity and inclusion efforts.
Which-50’s Minicast publishes each Tuesday. Follow Which-50 on LinkedIn to be the first to view it.