CATALYST

CATALYST is about pivotal moments that shape business and the global economy. We tap into the expertise of Temple University’s Fox School of Business faculty and business community to dig deep into today’s most pressing questions, like: What is the future of work? Will the WTO stop working? Who is winning the global AI race? We decode topics from philosophical and practical standpoints so you, the workforce, can spark change in your field.

https://www.fox.temple.edu/catalyst/

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episode 6: Dissecting Diversity


Many companies promote their diversity initiatives, but according to Patrick McKay, professor of Human Resource Management at the Fox School of Business, it takes more than that. McKay research finds that addressing the diversity “checkboxes” doesn’t matter as much as changing the cultural climate of the organization. Companies that are tackling diversity with hiring initiatives or training days may think that they’re taking the right steps, but are they really addressing the problem?

In this episode of Catalyst, McKay, a diversity, equity and inclusion researcher, shares insights into what cultural climate is and why it matters. With data from more than 800 retail stores, McKay shows that companies that foster a cultural climate of inclusivity perform better than those who don’t—with evidence from both retail sales and customer satisfaction reports. 

 

Key Links

  • Learn more about Professor Patrick McKay
  • Diversity does not mean inclusivity
  • Racial differences in employee retention: Are diversity climate perceptions the key?
  • The moderating role of diversity climate

 

More details at: https://www.fox.temple.edu/catalyst/

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 June 22, 2020  27m