A new study analyzing the behavior of nearly 140,000 corporate workers shows the differences in the effectiveness of DEI initiatives by sector.
The Global Inclusion Analytics Index, which was published Monday by RW3 CultureWizard, a diversity and inclusion training provider, scored responses based on dimensions of inclusive behavior, exposure to diversity and cognitive flexibility, RW3 Culture Wizard said.
“Differences were especially pronounced on dimensions like ‘trustworthiness,’ with the financial services sector scoring 4.5% lower than the average, and cognitive flexibility, where the communication services sector scored almost 9% above the average,” Joshua Sturtevant, vice president of strategic development at RW3 CultureWizard, said in a news release.
When it comes to inclusive behavior, companies in communication services, consumer products and the education/not-for-profit sectors scored above average, compared to others, the study found.
In terms of exposure to diversity, the education/not-for-profit sector had above-average scores for current and past exposure, while the materials and industrials had a much lower score, the study reported.
For cognitive flexibility, the energy and financial services sectors scored “uncharacteristically low,” the report said. Conversely, communications services and consumer staples had “significantly high” scores.
"Given the fact that organizations spend millions of dollars on DEI training and development, it's extremely important for them to have a complete set of data by which to measure the ROI on those expenditures," Charlene Solomon, president of RW3 CultureWizard, said in a news release.