DEI Insights from the 2024 LA Business Journal Awards

By Ducere Global Business School on April, 5 2024
Ducere Global Business School

The LA Business Journal's Diversity, Equity, and Inclusion (DEI) Awards recently brought together nominees and attendees for a series of inspiring panel discussions. Ducere Global Business School was among the esteemed institutions recognized for its DEI efforts, with a particular nod to Caroline Raffi, Vice President of Enterprise, for her impactful Women in Leadership program. 



Courtesy of the LA Business Journal        

These discussions centered around building a strong case for equity in business and fostering a successful multi-generational workplace. Here's a look at the key takeaways: 

The Importance of a Holistic Approach to Equity 

The first panel emphasized the importance of a holistic approach to equity. This means integrating equity throughout all levels of a business, from company culture to hiring practices. Panelists stressed that true equity requires moving beyond simply acknowledging its importance. By actively listening to diverse perspectives and fostering open communication, businesses can gain a deeper understanding of the challenges faced by different groups. This understanding is the cornerstone for identifying and implementing effective solutions that promote fairness and inclusion.

Putting Equity into Action 

The conversation then shifted towards actionable strategies for achieving equity. Leaders emerged as a central theme. Panelists highlighted the critical role leaders play in championing equity and making it a core objective. Their commitment sets the tone for the entire organization. Building strong relationships and actively engaging with relevant communities was another key takeaway. Collaboration with these communities allows businesses to not only gain valuable insights but also fosters a sense of trust and shared purpose. Data was also emphasized as a powerful tool. By leveraging data to pinpoint areas for improvement and track progress towards established goals, businesses can ensure their efforts are data-driven and demonstrably effective. 


Bridging the Generational Gap 

The second panel focused on fostering a successful multi-generational workplace. The power of mentorship and collaboration programs was a recurring theme. These programs allow knowledge sharing between senior and junior employees and create a sense of value and belonging for younger team members. Effective communication, especially in a virtual work environment, emerged as another crucial factor. Panelists emphasized the importance of using a variety of communication tools and tailoring strategies to best suit the preferences of different generations. Perhaps the most valuable takeaway was the need to move beyond stereotypes. Recognizing and appreciating the unique strengths and perspectives that each generation brings to the table is essential for fostering a truly inclusive work environment. A culture of curiosity that encourages continuous learning was highlighted as the driving force behind innovation in a multi-generational workforce. 

A Look at Implementing DEI Initiatives 

The event also offered a glimpse into the practicalities of implementing DEI initiatives within a company. The importance of a diverse DEI committee with representation from various departments and leadership positions was underscored. Additionally, the value of unconscious bias training in educating employees about implicit biases and their potential impact was discussed. Targeted recruitment efforts that focus on attracting talent from diverse institutions were also presented as a valuable strategy.

Challenges and the Road Ahead 

The discussions acknowledged the ongoing challenges in the pursuit of true equity and inclusion. One speaker drew attention to the gap in disability inclusion within current DEI efforts, highlighting the need for broader representation. Another panelist addressed the ongoing struggle against discriminatory policies and legislation that continue to impact educational systems and limit opportunities for certain groups. Looking towards the future, the power of education and storytelling in fostering a more inclusive future was emphasized. Panelists advocated for educational systems that celebrate diversity and equip future generations with the tools to learn from past experiences and dismantle existing barriers. The crucial role of continued commitment and action was a resounding call to action. Complacency in the face of political resistance is not an option; ongoing efforts are essential to achieve lasting change. 

The LA Business Journal's DEI Awards served as a valuable platform for sharing best practices and fostering meaningful conversations about building a more equitable and inclusive future. The event highlighted the progress made while acknowledging the ongoing journey towards true inclusivity. By embracing the strategies and takeaways presented, businesses can take concrete steps to create a more diverse, innovative, and successful future for all. Ducere Global Business School's recognition for its DEI efforts, particularly Caroline Raffi's Women in Leadership program, exemplifies this commitment to building a more equitable future.


Caroline Raffi- VP of Enterprise for Ducere, Courtesy of the LA Business Journal        


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