Amid growing focus on DEI, gap between high-maturity organisations and their peers is widening, says new study
Corporate India on the whole, is still at a ‘progressive’ stage (L2), finds the analysis of 251 organisations, including 40 Nifty100 Companies and 8 of the top 10 Indian business houses, by talent and leadership consulting firm BasilTree Consulting — where organisations have formal strategies and defined initiatives, but DEI is yet to become a true business driver.
Over a third of companies are still at the ‘emerging’ stage (L1), treating DEI as compliance-led and event-driven, while only a small fraction has reached a ‘transformative’ (L4) stage, where inclusion is embedded into culture, strategy, and measurable business impact. The more mature companies – belonging to the Nifty-100 list, are in the L3 bracket.
Over 50% of the Boards are still not involved in the DEI strategy, and less than a third of the senior leadership teams are actively involved in the DEI agenda. Business and Financial impact emerges as the key differentiator between L4 and L1 organisations, with L4 organisations being nearly 20x more likely to report business and financial impact as a factor under DEI impact assessments.
53% companies said there won’t be any impact of the changes in US on their DEI efforts, as they see it as a strategic priority.
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