Cost of Inequity: Financial and Human Capital

This event is part of The Forum’s new Professional Development Labs learning series. More information below. 

Today’s rapid pace of changing demographics and cultural misunderstandings can undermine  productivity, adversely impact key relationships, frustrate team dynamics, and ultimately interfere with  business objectives. Understanding the importance of cultural diversity in workplaces has never been  more of an imperative. But in recent years, increased awareness around social exclusions faced by  underrepresented people has incorporated equity at the forefront of diversity and inclusion such that  there’s a cost factor associated with inequity. The cost factor is not just in dollars and cents but in  human capital. People are at the forefront of this economy and leaders must understand the cost of  inequity increases the risk of losing their most critical bottom-line resource — human capital.

This workshop will provide participants with a highly interactive learning experience to build more equitable workplaces. Participants will gain an understanding on the difference between equity and  equality, learn how to identify inequities, and grasp how to challenge assumptions through engaging  case study activities. Our learning curriculum empowers leaders, with the critical knowledge and skills  needed to build more equitable workplaces. We will provide participants with materials to review prior  to the workshop. Assigned pre-work will also be incorporated.

Learning Outcomes

• Learn the history of inequity among different racial groups within the United States
• Define equity & equality and how they differ from one another
• Cost of inequity, how to identify inequities & apply an equity lens to everything we do
• Develop metrics, scorecard and insights to track results

 

About The Forum’s Action Planning Breakout Sessions

Unique to the PDL learning experience, each PDL includes Action Planning Breakout Sessions. The Action Planning Breakout Sessions give individuals a chance to participate in small group work that results in having their own goal-oriented action plan to take what they learned at the PDL and apply it in their workplace or organization.

About The Forum’s Professional Development Labs

Professional Development Labs (PDLs) are half-day interactive learning experiences intended to develop professional competencies that support leaders in reaching the next level in their DEI leadership. Unlike traditional workshop sessions, PDLs will be goal oriented and include personal and professional action and accountability planning for next level leadership. PDLs will be offered synchronously in varying formats (in-person, hybrid or virtual) based on CDC convening recommendations.