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Reckoning, Repair, and Change: How Business Leaders Can More Effectively Advance Racial Equity and Competitive Advantage

Autores/Participantes : Veronica Borgonovi

As corporate leaders pledge their commitment to diversity, equity, and inclusion, they need a way to fulfill their promises. Designed for CEOs and corporate executives, this primer offers practical tools and examples to help companies transform pledges into action. Business leaders face a growing pressure to address societal issues as part of core business practices. To maximize success, FSG recommends that they pursue 3 actions:

  1. Understand history and the racialized impacts of their company and industry;
  2. Repair relationships and rebuild trust; and
  3. Change business practices to advance racial equity while improving the company’s competitive advantage. 

The primer offers examples and case studies of companies that have practiced these actions, with practical strategies for leaders looking for inspiration.

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Copyright Foundation Strategy Group (FSG) 2019