Workforce Diversity
The other day, I went to grab some lunch on our newly refurbished canteen floor and noted some of our workplace accessibility improvements including a disabled washroom, a braille directory, and a barrier free access elevator. Last week, we lit our HSBC main building in purple to celebrate International Day of Persons with Disabilities to generate awareness, understanding, and acceptance of people with disability. Building disability confidence for employees and customers is a key focus area within Diversity and Inclusion at HSBC.
Last month, I also participated in a panel for International Men’s Day which included raising awareness of health risks for men.
I also recently hosted some dialogues with HR colleagues from across Asia Pacific to discuss culture and ethnicity. The sessions reminded me how everyone has their own unique background and experience they bring to work. My colleagues acknowledged they benefit from the multitude of perspectives and varying worldviews from their colleagues. These exchanges are a stark reminder of the importance of mutual respect amongst colleagues, especially when we have co-workers with different work hours (especially this year), work styles, disabilities, representing different cultures, backgrounds, or even generations, etc. Diversity brings a wonderful richness to our workplace. When employees feel accepted and included, it can also boost employee engagement. It is critical to build a workplace culture where everyone feels valued, respected, empowered, and heard.
These refreshers and events reminded me how important it is as a HR professional to widen our recruitment base to create and enable our organisations to have a more diverse and inclusive workplace which better reflects the communities we work in and where everyone has an equal opportunity to develop and progress.
Companies that don’t actively fight to overcome bias – conscious or unconscious -arbitrarily cut themselves off from key sources of new insights and perspectives that have the potential to make them more agile and better able to serve their customers.
To reap the rewards of a diverse workforce more effectively, companies need to create new opportunities and networks to enable the right conditions for colleagues to be able to achieve their full potential.
At HSBC, our diversity and that of our customers, suppliers and communities, is a feature of who we are and how we operate. We have eight employee resource groups (ERGs) focus areas which include gender, age, ethnicity, LGBT+, faith, working parents and carers, communities, and ability. Our ERGs play a critical role in achieving our D&I ambition and help us have a better understanding of different perspectives and experiences within HSBC and they help us respond with appropriate actions that help all of our colleagues to bring their whole selves to the workplace. Earlier this year, we took strategic and practical steps to improve opportunities for Black and ethnic minority employees and boost the diversity of our senior leadership.
There is always more work to be done in this space. We need to remember and remind ourselves that different ideas and perspective help us to innovate, manage risk, and grow our business in a more sustainable way. Diversity and Inclusion is vital to building a more sustainable business and continue to stay relevant, we need to continue to evolve in line with the customers and communities we enable and the colleagues that we care for.
Leadership and Organization Development solution architect; Executive Coach; Loves good food and anything Chinese.
4 年Thanks David for sharing.
Founder & CEO at Sensational Foundation
4 年Thanks so much David for sharing your insight and thoughts on the importance of D&I, and all the different areas which often get left behind. Kudos to HSBC who is leading the way for many other companies to hire and include people based on merit and not on perception or bias. Please continue with your great leadership!
Chartered Psychologist, Coach, Educator, Facilitator, Author - Develops Leadership and Organizational Agility
4 年Thank you David and thank you HSBC. I think corporate efforts like yours are a powerful form of resistance to racism, nationalism and nativism which even manifests in our global response to COVID. Workplaces like yours can be places where people are reminded that we are all in this together.
Head of Talent Acquisition
4 年Hello David, Good experience to learn from you and HR team across Asia on this topic. I think D&I working environment is a foundation for our people to achieve their potential. Great thanks.
Thanks for sharing David, Not only are HSBC doing the right thing, you'll also get this back in spades. There is so much evidence supporting the performance benefits of surface and cognitive diversity. What's less acknowledged is the extra complexity facing todays' leaders in managing diverse workforces (gender, values, race, religion, age, no of teams we belong to, cultural norms). Leaders of teams need to be better equipped not just to understand and promote diversity, but also to harness it for the good of the team. Open dialogue, explicit and co-created team norms, being consistently explicit about the thinking behind decision making and clearly not showing any signs of friendship cliques are just some of the ways that researchers have found to be effective in minimsing this potential conflict. Good luck to you at HSBC. Did you also know that purple is a 'healing' colour?