Allyship Is The New DEI

Why allyship programs are the future of DEI

Ask several people about the future of diversity, equity and inclusion (DEI) and the answers can reflect extremes. Many naysayers are declaring it’s dead, while advocates are proclaiming strengthening support and results

To better understand the future of DEI, consider Workday’s 2024 DEI Landscape Report findings:

  • Ninety-seven percent of companies have at least one DEI initiative.
  • Eighty-five percent have a dedicated DEI budget.
  • Eighty-two percent of U.S. organizations are measuring the business impacts of DEI.
  • Seventy-eight percent prioritized DEI more than the previous year, with 45% foreseeing increasing their DEI budget in the next financial year (up from 35% in 2023)

The report further finds that DEI programs are credited with:

  • Positively impacting business success and results (39%)
  • Improved employee engagement (40%) and staff well-being (41%)
  • Attracting and recruiting a diverse workforce (43%)

Yet, despite these results, it seems that the term “DEI” has started to fade. Jobs featuring the term are down 8% so far this year. However, DEI work is not going away; it’s just being rebranded…..

In this article Julie Kratz expands on how allyship initiatives and programs are a way for businesses to continue inclusive development while preventing business risk amidst the current DEI pushback.

 

Read this article by Julie Kratz on Forbes.com

 

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