January 18, 2019
Only a quarter of women and minority employees believe they benefit from corporate diversity programmes
Investment in diversity programmes has become commonplace: 98 percent of companies offer such programs. But that investment is falling far short of the mark: three-quarters of employees in diverse groups—women, racial/ethnic minorities, and those who identify as LGBTQ—do not indicate that they have personally benefited from their companies’ diversity programmes. This is one of the findings of Fixing the Flawed Approach to Diversity, a report from Boston Consulting Group (BCG). The report claims that a key impediment to progress is that older men (age 45 or older), who often lead decision making within corporate environments, are underestimating the obstacles in the recruiting, retention, and advancement of female and minority employees by 10 percent to 15 percent, as measured by comparison with the estimates of members of those actual groups: women, people of colour, and LGBTQ employees. This can lead to a misallocation of resources and a lack of investment in programs that could otherwise have the largest impact.
Flexible workers claim to work more effectively than those working a traditional ‘nine-to-five’, with a quarter of respondents (27 percent) in a recent poll saying they work longer hours in their new flexible working routine than they did when they worked normal office hours. The research, which was commissioned by the AAT (Association of Accounting Technicians) found that flexible workers think they put in almost seven hours more each week on average than they did previously. The research, which looked at the productivity of a group of workers who set their own hours or working location against a group of those who are not doing so, found that the former benefit from feeling happier and less stressed. 
Given the latest U turn regarding Brexit, with beleaguered British Prime Minister Theresa May announcing the cancellation of a commons vote on the agreement, a new report into the so called “glass cliff” appointment of women is pretty timely. The term “glass cliff” was coined by researchers Ryan and Haslam in the early 2000s to describe a phenomenon in which women are more likely than men to be promoted to precarious management positions with a higher risk of failure. Aside from May, exemplar cases often used to support the theory include Marissa Mayer, former CEO of Yahoo and Andrea Nahles, Social Democrat party leader in the German Bundestag. 
