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Focus on leadership

We are focussing on leadership and its vital role in creating diverse and inclusive organisations.

We will examine how societal and structural racism continues to impact on BAME employee progression. We will also focus on the business case for inclusion and focus on the role of leadership in breaking down the barriers that currently exist.

The resources are designed to provide an insight into the issues that BAME employees face but will also provide some tangible solutions that can be readily employed to overcome them.

Potential annual boost to UK Economy

The government sponsored independent McGregor-Smith Review into Race in the workplace (2017) found that the potential benefit to the UK economy from full representation of black, Asian and minority ethnic (BAME) individuals across the labour market, through improved participation and progression, is estimated to be £24bn a year, which represents 1.3% of GDP.

Diversity and Inclusion attracts millennials. National Statistics (ONS) data shows that 18 to 24-year-olds are 19.1% of the working age population.

An Intellectual Property Rights survey shows that 47% of millennials are actively looking for diversity and inclusion when sizing up potential employers. Having a deliberate, well-publicised strategy for diversity and inclusion will help attract this key demographic.

The commercial case

There are multiple studies that prove the business case for diversity. The 2018 McKinsey and Company Report 'Diversity wins: How Inclusion Matters and the Peterson Institute for International Economics Report' find that companies with more culturally and ethnically diverse executive teams are 36% more likely so see better than average profits.

This infographic published by The Princes Responsible Business Network highlights the lack of diversity in senior leadership roles within major institutions in the UK.

View a text version of this infographic.

NHS medical staff have the highest percentage of leaders from ethnic minorities. In 2019, around 2 in 5 consultants were from an ethnic minority.

Page updated: 24/09/2021 Page updated by: Gloucestershire County Council

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