Saturday, June 6, 2009

Diversity: Takes Low Priority

June 6, 2009

Dear Colleagues:

Lately, we have been receiving calls from a number of senior women executives in corporate India --primarily from well-known IT and consulting firms -- who have been leading the company's "diversity, gender, and inclusivity" intiative for the past few years, informing us that their jobs are either being deleted from the company roster or relegated to a lower position in the organization as a result of the economic slowdown and cost-cutting measures by the company.

These women are going to be without a job -- after having initiated some of the finest diversity practices in the organization -- with high passion, commitment, and a deep understanding of the importance of creating an eco-system within the company that retains, grows, and nurtures women and allows them to work with best practices and high respect in the workplace. Those who are allowed to stay back -- see their functions as the "Diversity Officer" considerably downgraded to a lower position in the corporate heirarchy that is quite de-motivating for these senior women.

This is clearly a disturbing trend for corporate India --primarily because it highlights the lack of recognition by India's leading companies about the high correlation between best business performance and diversity and innovative-thinking that is required for global leadership, and also because it challenges the mission statements and branding exercises of many companies who claim to have a deep commitment to "gender, diveristy, and inclusivity" in their boardrooms and for their customers and markets.

We do hope that CEOs and HR leaders will be able to find some way to lessen the burden on their Diversity Officers --and find some way to keep them going until the economy returns to a fast growth momentum, where women and innovative-thinking will be a key component of future market leadership.

Poonam Barua
Founder Convener
Forum for Women in Leadership
India
pamasia@vsnl.com

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