DIVERSITY FROM THE CORPORATE PERSPECTIVE Victor L. Hymes, CEO & - - PowerPoint PPT Presentation
#CADiversityForum DIVERSITY FROM THE CORPORATE PERSPECTIVE Victor L. Hymes, CEO & Chief Investment Officer Legato Capital Management, LLC DIVERSITY AT THE STARTUP LEVEL Easier and Harder HIRING HARDER ESTABLISHING EASIER CORE
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DIVERSITY FROM THE CORPORATE PERSPECTIVE
Victor L. Hymes, CEO & Chief Investment Officer Legato Capital Management, LLC
DIVERSITY AT THE STARTUP LEVEL
HIRING ESTABLISHING CORE VALUES MANAGING CREATING A SUPPORTIVE ENVIRONMENT INSTITUTIONALIZATION
Easier and Harder
EASIER HARDER EASIER HARDER HARDER
EDUCATION LANGUAGE PERSONALITY IDEAS HEALTH GENDER SEXUAL ORIENTATION GEOGRAPHICAL AREA POLITICAL AFFILIATION OPENNESS TO DIFFERENCES COMMUNICATION STYLES SOCIOECONOMIC STATUS VISION INTERESTS CREATIVITY SKIN COLOR CULTURE EXPERIENCE ETHNICITY PHILOSOPHY THOUGHT VIEWPOINTS ETHICS NEEDS RACE RELIGION CLASS AGE EXCEPTIONALITY
DIVERSITY AT THE STARTUP LEVEL
Startups can offer unique Advantages and Opportunities
Numerous tasks can be selectively customized to fit available aptitudes Proximity allows for constant collective exposure to the firm’s cultural beliefs and mores Instantaneous course correction Ideal environment to implement Fairness not Sameness Management Strategy
MAXIMUM POTENTIAL
Numerous tasks can be selectively customized to fit available aptitudes Proximity allows for constant collective exposure to the firm’s cultural beliefs and mores Instantaneous course correction Ideal environment to implement Fairness not Sameness Management Strategy
DIVERSITY AT THE STARTUP LEVEL
Characteristics of Diverse Environments Nothing Worthwhile Comes For Free
COMPLEX TO MANAGE
MULTIPLE STRATEGIES OPERATING SIMULTANEOUSLY
WHO FAILED?
DISCOMFORT, AN INDICATOR OF PROGRESS
THEM YOU THE STRATEGY THE INDIVIDUAL THE ENVIRONMENT
DIVERSITY AT THE STARTUP LEVEL
Define the benefits and tie them to the organization’s vision, with a goal of continuous improvement Transform the hiring access point, and point of view of those you find there If the goal is perfection, you will be disappointed: Set a goal of industry leadership and perpetual innovation Change the welcome mat Expand the definition of diversity and exploit the diversity you may not see Practice fairness not sameness management with the target diverse population first
Go beyond checking the percentage of “X”, towards what percentage of “X” has remained for more than 5 years – A measure of cultural transformation
Solutions and New Thinking
TAKEAWAYS
Change our own language Acknowledge that transformation affects everyone (differently) Perform critical analysis
and what does not Isolate and amplify effective strategies Prepare a diversity “model” portfolio Celebrate successes; past, present and future
#CADiversityForum
DIVERSITY FROM THE CORPORATE PERSPECTIVE
Victor L. Hymes, CEO & Chief Investment Officer Legato Capital Management, LLC