Diversity, Equity & Inclusion | www.opensesame.com | (503) 808-1286 | 2
Organizations and people alike use
technology of some kind nearly every waking
moment of the day. Apps keep us informed
of how many steps we take or calories we
consume; automobiles self-start and doors
unlock on our approach. Software technology
is ubiquitous within business from tracking
inventories to providing key performance
indicators for sales teams to rank the rate of
leads to closes.
According to statistics from McKinsey
& Company, prior to 2020 American
corporations were spending $8 billion
annually on diversity training, with over half of
the Fortune 100 companies pledging another
$2 billion shortly after the death of George
Floyd. For these efforts to work, organizations
have to embrace the tecnology available
to them to drive their DEI plans, either as a
point solution or through their human capital
management (HCM) technology infrastructure.
There are four focus
areas of DEI technology:
employee engagement
and retention, learning
and development, talent
acquisition, and analytics.
It would appear obvious that technology
would also be utilized to implement organizations'
Diversity, Equity & Inclusion plans. However…
Only
23%
of the enterprises
researched currently
use technology.
69%
state no plans to
use tech.
Only
8%
plan to engage it in
the next 1-2 years.
Source: Brandon Hall Group, Diversity & Inclusion Benchmarking Study, 2020
