- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aly McDevitt2023-06-23T18:33:00
Many organizations vow to be champions of diversity, equity, and inclusion (DEI). Yet, a public commitment to fight racism is only the first step up an Everest-like climb.
Beneath the physical and emotional labor of DEI initiatives, there is an unyielding demand for humility. Organizational leaders must be willing to reorient the corporate culture to adopt a learning posture and change the power structure. To white employees living in a white-dominant culture, that demand feels as comfortable as hugging a cactus.
And when major corporations like ride-hailing company Uber make headlines for bungling a DEI initiative, their cautionary tale frightens wary companies into stagnation. It feels safer to stand at the base of the climb than to scale it and tumble back down.
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The U.K.’s Financial Conduct Authority and Prudential Regulation Authority set out proposals to ensure firms treat nonfinancial misconduct, such as bullying, racist behavior, and sexual harassment, as strictly as other regulatory offenses.
The trickle-down effects of the Supreme Court’s decision overturning affirmative action in college admissions have already come to light. With legal attacks on diversity, equity, and inclusion efforts on the horizon, private employers should risk assess their programs.
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