Teneo Chairwoman Burns on Diversity Metrics

The video discusses the growing importance of diversity, equity, and inclusion (DEI) in business metrics, similar to financial metrics like growth and profitability. It highlights the alignment of compensation with DEI progress and the irreversible societal changes following George Floyd's outcry. The video also emphasizes the increasing diversity in board representation, which is seen as beneficial for businesses.

What shift is being observed in how businesses treat diversity, equity, and inclusion (DEI)?

• DEI is being ignored in favor of financial metrics.

• DEI is being treated as a critical business metric.

• DEI is being considered less important than before.

• DEI is being outsourced to third-party companies.

What societal event is mentioned as a catalyst for irreversible progress in DEI?

• The financial crisis of 2008

• The COVID-19 pandemic

• The George Floyd protests

• The rise of social media

How are businesses aligning compensation with DEI progress?

• By reducing salaries for non-compliance

• By offering bonuses for DEI achievements

• By ignoring DEI metrics in compensation

• By aligning compensation with DEI metrics

What types of diversity are increasing in business boards?

• Only diversity in age

• Only racial diversity

• Only gender diversity

• Both gender and racial diversity

What is the perceived benefit of having more diverse boards?

• It reduces the influence of traditional leaders.

• It is seen as beneficial for business.

• It increases operational costs.

• It complicates decision-making processes.