When the Supreme Court ruled against affirmative action admissions policies in higher education in June 2023, colleges were tasked with rethinking their DEI strategies amid this concerning precedent. While corporate DEI and hiring practices remain untouched, many employers are contemplating what the future of diversity will look like in their workplace.
According to McKinsey, companies with diverse and inclusive workforces are 35% more likely to outperform their competitors, and the BCG estimates that a diverse leadership team can increase business revenue by 19%. Employers can’t afford to eliminate DEI practices even as some right-wing rhetoric is set on villainizing it — instead, companies should take the opportunity to ensure their messaging and strategies around DEI are clear, well-communicated and legally compliant, says Mandy Price, co-founder and CEO of Kanarys, a company dedicated to helping employers improve their diversity, equity and inclusion efforts.
