""What you're seeing, I think, are some really strong leaders taking a stand as the antithesis of fear," Rich said, speaking at the Fast Company Innovation Festival in New York last week."
"Leaders who have retreated on the work of inclusion are "really missing the moment," added Daisy Auger-Domínguez, CEO of Auger-Domínguez Ventures. "What you're seeing now is this retrenchment to try and build more status quo in organizations at a time where innovation and creativity are most needed.""
""Why cut DEI when it is fundamental to the culture and the creativity and the innovation?" she asked."
""At the first sign of a wobble, at the first sign of a wind, they come tumbling down because the intent wasn't 100% there," Mancini said."
Dozens of companies have publicly scaled back or cut DEI programs while other leaders continue inclusion efforts more quietly. Companies such as Target, IBM, and Goldman Sachs have eliminated formal diversity, equity, and inclusion initiatives even as many leaders maintain that diverse teams deliver competitive advantage. Progress over the past decade has been uneven, producing advances alongside setbacks. Programs lacking structural scaffolding and built for optics rather than systems collapse under pressure. Cutting DEI undermines culture, creativity, and innovation and represents a retrenchment toward status quo when innovation is most needed.
Read at Fast Company
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