DEI 101

DEI 101

In today's Biz Pulse, gain insight into how:

  • Manufacturing industry leaders can embrace DEIB and transform backlash into a progressive platform leading to positive change.
  • Businesses can boost their DEI programs by opting for global hiring, offering a multicultural and international workforce that increases productivity and efficiency, while also navigating local markets excellently.

Each of these articles is penned by members of Forbes Business Council , successful business owners shaping the future of business.

Let’s dive in!

Facing DEIB Backlash? Here's How the Manufacturing Industry Can Respond

A rising tide of backlash against diversity, equity, inclusion, and belonging (DEIB) measures is becoming more noticeable.

From politicians challenging corporate DEIB programs to companies like Anheuser-Busch and Costa Coffee experiencing social media rebuff due to their DEIB stance, the resistance is wide-reaching, pushing some businesses to reduce investments in DEIB.

Consider these steps before addressing backlash:

???Reframe the backlash: Remind yourself change is part of a bigger societal movement and is viewed as a long-awaited step forward by many, especially younger generations starting their careers.

???Show that DEIB is a business imperative: In the manufacturing industry, tackling DEIB can help recruit skilled workers who can boost innovation and productivity.

?? Focus on a shared purpose: Stick to what unifies, like the pride in the craftsmanship that comes with jobs in the manufacturing industry.

In essence, tap the inclusion aspect of DEIB to bring together all employees around a passion for their craft.

Read The Full Article >


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Enhance Productivity with Global Hiring: The DEI Edition ???

Diversity, Equity, and Inclusion (DEI) in the workplace continue to gain momentum. One interesting facet of promoting DEI is the hiring of international employees, which brings a unique blend of cultures and stages a platform for enhanced productivity and efficiency.

Key benefits to consider:

???Performance Improvement: Diverse teams bring varied perspectives that can improve your company’s problem-solving capabilities. Global teams offer the advantage of staying in-tune with the latest trends across different regions.

???Navigating the Outside World: Global teams help in exploring new markets easily. Having employees that mirror your diverse client base can facilitate smooth collaborations.

However, hiring overseas employees calls for some considerations:

  • Being aware of cultural issues and language levels.
  • Managing work hours, holiday dates, and regulations over leave.
  • Identifying target countries based on your budget.

Effective global hiring options include leveraging an Employer of Record (EOR) or hiring independent contractors. However, caution is needed to avoid misclassification problems. Establishing your own business entity within the country can also work, though it's often more expensive and time-consuming.

It's no secret that global teams come with challenges like time-zone management and language barriers. But with understanding, careful planning, and enhanced awareness, the pros clearly outnumber the cons. Global hiring boosts DEI and, ultimately, the performance of your business.

Read The Full Article >

Wrapping Up

If these articles sparked your interest, we have a network that you will love: Forbes Business Council.

This exclusive, vetted community brings together seasoned business leaders — founders, CEOs, partners, and other senior-level leaders of successful companies.

Put yourself at the forefront of innovation with access to publishing opportunities on Forbes.com, a personalized, SEO-friendly Executive Profile, and the chance to network with other respected leaders in the field.

Join Forbes Business Council today, and become part of a group driving meaningful innovation in business.

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