In today’s world of work, diversity isn’t just nice to have – it’s essential. Regardless of your organization’s size, having a dedicated role focused on diversity should not be underestimated due to the value the position brings to your organization.
Organizations that embrace diversity perform better. A Chief Diversity Officer (CDO) serves as a business executive who oversees the inclusion strategies for organizations. It’s a leadership role ensuring the organization has a welcoming work environment across all business units.
In today’s global work environment, a CDO plays a prominent role in maintaining an engaging and inclusive workforce with people from diverse backgrounds, ethnicities, cultures, and demographics. More than 50% of Fortune 500 companies have a designated Chief Diversity Officer for employee welfare that, in effect, contributes to organizational efficiency.
CDOs collaborate with managers and employees across all departments to foster a culture of inclusivity through the depth and breadth of the organization. Since the work portfolio of the CDO is to ensure a collaborative work environment, they perform the following duties.
As a technical requirement, a Chief Diversity Officer’s role requires either a bachelor’s or a master’s degree in Human Resources. Most importantly, organizations look for CDOs with extensive people management abilities, ideally with a decade or more relevant experience. Some of the qualities a good CDO brings to bear are:
Other CDO tasks include data analysis, budgeting, designing training modules, and driving the organization’s culture through various stakeholders. These tasks can be delegated and leveraged through their teams. But in totality, the above five qualities sum up the core values and requirements of being a vital Chief Diversity Officer.
Not all organizations have the same reporting structure. A CDO should be able to report directly to the CEO or the head of HR. If they report to the head of HR, there should be dotted-line access to the CEO based on the issue’s sensitivity.
For the CDO to substantially impact the organization, they must have support from top management. The CDO is primarily considered a part of human resources, but the executive position holds an independent role of authority.
A CDO works closely with the heads of the human resources department, legal and corporate communications. Since they perform a crucial role in the organization, they are seated alongside the top management executives in discussions and decision-making.
The Chief Diversity Officer’s role has gained prominence recently and is now considered a C-Suite position. With the heightened activity of workplace discrimination, no global organization would want to risk tarnishing its image or getting involved in legal battles. The role of CDO has gained such prominence that organizations lean on modern executive search platforms to find executives who can effectively perform these roles.
In today’s global work environment, the CDO plays a prominent role in maintaining an engaging and inclusive workforce that fosters people from diverse backgrounds, ethnicities, cultures, and demographics. Over 50% of Fortune 500 companies have designated Chief Diversity Officers for employee welfare, contributing to organizational efficiency and inclusion.
Any organization serious about supporting diversity and inclusion can use a modern executive search platform that removes conscious and unconscious bias from the hiring process.
If you enjoyed this blog post, you might also enjoy our blog post focused on eliminating bias during the hiring process.