RETHINKING
LEADERSHIP: THE IMPORTANCE OF A
DIVERSE & INCLUSIVE CULTURE Teresa Boughey, one of the expert speaker hosts of the Leadership Hub at the Future of Work Festival, reflects on the importance of diversity, equity and inclusion (DEI) and environmental, social and governance (ESG) as boardrooms respond to change and talent shortages.
T 36
he barometer of effective business management has shifted significantly since the pandemic. People, Planet, and Purpose have risen sharply into focus, and it was
certainly a lively topic for discussion within one of the leadership hubs at the recent Future of Work Festival. Companies are starting to recognise the impact that a
diverse and inclusive culture has, not just when it comes to business innovation and profitability, but also on team morale. When an inclusive approach is lacking, it may signal deficiencies in respect of the underlying culture and leadership of the organisation. The environmental climate change crisis is also no
longer considered to be the responsibility of a minority of social activists. Leaders are feeling the weight of the generational responsibility they shoulder as they
embark upon the quest to save energy by achieving net zero against a backdrop of financial challenges. Consumers are demanding more sustainable products and services and are using their purchasing decisions to send messages to organisations that are lagging behind. Employees want to be part of something that enables them to have a greater impact on wider society and are therefore choosing where to work based on a company’s impact and core values. Social accountability is at an all-time high as we
emerge from the pandemic into a truly altered economic landscape and robust governance has never been more essential to promote accountability, effective decision- making, and sustain the trust of stakeholders. It is therefore unsurprising that environmental, social and governance (ESG) as well as diversity, equity, and
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