The regulation of diversity and inclusion (D&I) and workplace culture is steadily tightening, with legislation requiring metrics publication. Diverse and inclusive initiatives and targets have become increasingly popular among businesses. Organizations benefit from integrating diversity and inclusion parameters with talent acquisition tools to attract a diverse workforce, reduce unconscious bias, and facilitate the selection of effective candidates. Businesses can increase profitability by increasing accountability, encouraging genuine conversations between employees and their bosses, and motivating them to share ideas and solutions.
The Diversity and Inclusion (D&I) market is valued at $9.3 bn in 2022 and is projected to reach $15.4 bn by 2026, growing at a CAGR of 12.6 percent globally. Global market success requires multicultural initiatives and a commitment to ensure that distinct demographics and cultures are integrated into an inclusive environment that fuels growth. Companies need to remain alert, aware, agile, and responsive to remain afloat, profitable, and thriving during the crisis, and the business environment gets more challenging, increasing competition, which boosts market growth.
This edition of Manage HR APAC brings insights into the latest developments in diversity and inclusion and how companies align with the latest trends with embedded analytics for greater transparency and actionable insights in the workplace.
It features a thought leadership article from Anja Rebekka Allouni, Group Head of Diversity and Inclusion at Jotun, who sheds light on how trust is an essential prerequisite for psychological security as managers should work to build trusting relationships with and among employees. It also features an article from Surya Darpita, Regional Head Talent Acquisition Asia Pacific at SC Johnson, who emphasizes the importance of how future organizations need to be agile by being a catalyst of talent management and a broader spectrum of sustainability to win the war of talent and overcome internal retention issues.
In this edition of Manage HR APAC, we also bring you the story of the top diversity and inclusion companies delivering analytics that help organizations make informed decisions and focus on making culture a competitive advantage. One of them is Accent HR, which provides customized solutions to help organizations, teams, and individuals understand cultural nuances, mitigate associated risks, and enhance their performance.
In this edition featuring the Top Diversity and Inclusion Companies in APAC and Australia 2023, we hope you find the right partner to meet your organization’s needs.
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