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Despite the setbacks, DEI is unlikely to vanish entirely. A 2024 Morning Consult survey found that 82% of executives still see diversity as critical to business success. However, the approach is shifting.
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“We believe that our DEI efforts are directly linked to our long-term success,” says the the HR Director of APAC at Exclusive Networks.
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Hybrid Intelligence is not just a technological tool; it is a mindset—a way of thinking about human potential and inclusion that transcends ideological divides and focuses on what it means to be human.
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McKinsey’s global managing partner, Bob Sternfels, reassured employees last week that the firm’s commitment to diversity remains unchanged. In an internal email described to The Australian Financial Review, Sternfels emphasized that McKinsey continues to believe in the value of diversity.
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The rollback of DEI initiatives across major corporations signals a shift toward integrating diversity into broader talent strategies, emphasizing business outcomes over standalone programs.
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Accenture’s move comes amid broader uncertainty about corporate DEI commitments. While some multinational firms are reevaluating their strategies, leading Australian and New Zealand companies have reaffirmed their diversity priorities.
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Google’s decision may mark a turning point in how the tech sector approaches DEI. While some argue that these programs are essential for creating equitable opportunities, others suggest that such efforts must evolve to reflect the legal realities and business needs of today.
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