Abstract
In this chapter, you will learn about corporate diversification in the context of meeting social sustainability goals such as diversity, equality, and inclusion (DEI) and how those concepts relate to core values and the 3S Model discussions in Chapter 1.
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Notes
- 1.
See https://www.catalyst.org/research/women-ceos-of-the-sp-500/ and Kurt, D. (2022, February 28). Corporate leadership by race. Investopedia. Retrieved August 9, 2022 from: https://www.investopedia.com/corporate-leadership-by-race-5114494
- 2.
Juarez was granted the land by General Vallejo. Born in Monterey, California in 1807, Don Mariano Guadalupe Vallejo was a Californio general, statesman, and public figure. He was born a subject of Spain, performed his military duties as an officer of the Republic of Mexico, and shaped the transition of Alta California from a territory of Mexico to the U.S. State of California.
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End of Chapters Strategic Planning Exercises
End of Chapters Strategic Planning Exercises
DEI Awareness
Choose a company where you are currently working or are considering for a career, or for a potential investment. Do some research on the company and apply the following rubric. Sources can include company websites, LinkedIn, an investment analyst’s report, or profiles in the news. What did you learn about this company?
Company | Yes/No | Guiding questions |
|---|---|---|
“What” | Is DEI specified in the company’s values, expectations, and mission? Has the company’s customer base held it accountable for instilling DEI practices? | |
CEO/Board/Top Management Team | Yes/No | Guiding questions |
“Who” | Is company’s top management team representative of DEI? Is there evidence of respect for different perspectives among members of those groups? | |
Strategy | Yes/No | Guiding questions |
“How” | Is there a clear relationship between DEI and financial performance? Is there a clear relationship between DEI and the company’s “innovation intensity” (the ratio of research and development expenses to assets)? |
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Gilinsky, A. (2023). Diversity, Equality, Inclusion and Diversification. In: Business Strategy for a Better Normal. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-28708-4_6
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