Why CEOs Who are Fathers are more committed to Diversity and Inclusion.

CEOs have learned a great deal about diversity in the workplace and how it can positively impact the business.

Some of the key lessons that CEOs have learned include the importance of well-funded and executive-sponsored employee resource groups. For example, according to a Harvard Business Review article [1], some CEOs have discussed the importance of these types of programs for promoting diversity and inclusion in the workplace.

Another important lesson that CEOs have learned is the value of women’s mentoring and leadership programs. These programs provide opportunities for women to network, learn from successful leaders, and gain the skills and confidence needed to take on leadership positions.

In addition to these programs, CEOs have also realised the importance of cross-functional task forces for promoting diversity and inclusion. These task forces bring together employees from different departments and backgrounds to work together on projects that promote diversity and address any barriers to diversity in the workplace.

Research also suggests that CEOs who are fathers of daughters are more committed to diversity.

For instance, a recent article in The Conversation [3] stated that many CEOs who have daughters seem to be more committed to diversifying the makeup of their workforce. This is likely due to the fact that they have a personal stake in creating a more inclusive and equitable world for their children.

Another reason CEOs who are fathers of daughters are more committed to diversity is that having a daughter gives CEOs a deeper understanding of gender discrimination and the need for equal opportunities for all because they can see the hurt it causes through their daughter’s eyes.

Moreover, studies have shown that companies with diverse leadership teams and workforces tend to perform better than those that lack diversity.

For example, Marlyin Hewson, the CEO of Lockheed Martin, is a strong advocate of diversity and inclusion in the workplace. She has implemented several initiatives to create a more inclusive culture and has increased the representation of women and minorities in leadership positions. Another example is Ginni Rometty, former CEO of IBM, who has been a vocal supporter of diversity and has been recognized for her efforts to increase diversity and inclusion at IBM.

CEOs have learned a great deal about diversity and its impact on the workplace. It is crucial for businesses to create a culture that values and celebrates diversity in order to succeed in today’s global marketplace.

Gibran Registe-Charles is CEO and Founder of Urban Edge Capital an ESG Diversity and Inclusion Hedge fund.