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Webinar Series: Executive Diversity Council Best Practices Shane Nelson Vice President, Editor, DiversityInc Best Practices

Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

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Page 1: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

Webinar Series:Executive Diversity Council Best Practices

Shane NelsonVice President, Editor, DiversityInc Best Practices

Page 2: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

© DiversityInc. Reproduction Prohibited.

Meet Our Panelists2

Bryan Gingrich - SVP, Enterprise Diversity & Inclusion Leader, Wells Fargo

Page 3: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

Executive Diversity & Inclusion CouncilsBryan Gingrich, Ph.D.SVP, Enterprise D&I Leader

January 2019

© 2019 Wells Fargo Bank, N.A. All rights reserved.

Page 4: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

When you change the way you see things, the things you see change.

- Anonymous

“”

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Page 5: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

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History of Wells Fargo’s Enterprise D&I Council

Maxed-Mix Diversity

- Large group (35+) members

- Limited decision-making authority

- Mix of appropriate accountabilities

Strategic Intention

- Led by President & CEO

- Direct reports to OC and Functional leaders

- Strategic review and recommendations

Past Current

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The Enterprise Diversity & Inclusion Council serves as a strategic catalyst for change, education andunderstanding that is empowered by the President & CEO to provide trusted insight , inclusivefeedback and recommendations on critical D&I related opportunities and issues to drive business outcomes. The council analyzes progress toward goals/objectives, and members role model, champion, reinforce accountabilities and expectations, and lead change in the businesses to achieve our aspirational goals.”

Role of Wells Fargo’s Enterprise D&I Council6

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EDIC Responsibilities include . . .

§ Serve a minimum term of 1 year, average 2 years (rotational)

§ Attend 75% of all Council meetings (in-person or telepresence)

§ Support, shape, and prioritize enterprise D&I priorities and goals

§ Communicate updates to Operating Committee Member and LOB leaders

§ Role Model and champion D&I behaviors; lead with intention

§ Support alignment and linkages to LOB D&I Councils

§ Provide insight, lens and expertise to inform and impact the diversity strategy and D&I related issues

§ Practice group and self-awareness

§ Proactively share appropriate issues and observations with Council

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Page 8: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

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Providing leadership across the D&I Ecosystem8

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Key areas of success and influence

§ Responding to social issues, incidents, and human tragedies§ Increasing resources to support talent acquisition§ Evolution of D&I scorecard, reporting and monitoring§ Alignment of divisional D&I councils and Business Resource Groups§ Establishing sourcing and hiring guidelines§ Grow supplier diversity spend

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What has worked well . . .

§ Leadership > CEO-driven leadership§ Review > A focus on data; analyze and review§ Educate > Bringing the outside in; support awareness and learning§ Lever > Lever as recommending body to social issues/incidents§ Accountability > Rotational membership; talent development focus§ Communicate > Utilize the power of story-telling

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Page 11: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

© DiversityInc. Reproduction Prohibited.

Q&A11

Page 12: Executive Diversity Council Best Practices...Key areas of success and influence Responding to social issues, incidents, and human tragedies Increasing resources to support talent acquisition

© DiversityInc. Reproduction Prohibited.

Thank You for Attending

• You will receive an email from us by this Friday containing a link to download this presentation.

• If you have questions/comments, please email us at [email protected].

• Visit DiversityIncBestPractices.com to view past webinars, career advice, as well as relevant, up-to-date content on diversity and inclusion management.

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