There are three buzzwords amon politicalians and business leaders at this year world economic forum annual meeting in davos, switzerland: Diversity, Equity and Inclusion.
It’s no surprise dei is on corporate leaders’ minds, Since it’s been front and center at the white house as well.
“My administration has taken action to abolish all discriminatory diversity, equity and inclusion nonsense,” President Donald Trump said Thursday during a virtual appearance in Davos. “America will once again balance a merit-based country.”
Trump Signed an executive order his first day in office aimed at Dismantling the federal government’s diversity and inclusion programs. The order as written only applies to federal government employers, but he also mentioned extending his executive Order to Private Institutions in his comments at davos.
Following his executive order, his administration has also Targeted affirmative action in federal contrasting and Ordered all federal dei staff be put on paid leave,
On the ground in davos, dei has been the subject of conversation bot on the record and behind closed doors, with discusations include the potential of ditching the commercial Tain policies.
Most corporate leaders who spoke to cnbc account the first four days of the summit reiterated that why the language may change and internal policies may be tweaked, Company Valles the Same.
Here’s what execuits had had to say:
Jamie Dimon, JPMORGAN Chase CEO
“We are going to continue to get community and Hispanic Community, LGBT Community, and the VETERAN Community. e ‘Re Not Trying to Pander to Any which is done We’ve don, and what we’ve done is lift up cities, schools, states, hospitals, counters, companies, and we’re gonna do more of the same. “
Adena friedman, nasdaq ceo
“For Nasdaq, We Really Continue to Look at Everything that we do in Building The Right Culture. Its of views, and diversity of backgrounds, actually makes us a better company and makes us perform better. Cles, but At the same time, I belief that there’s an undercurrent that containues to be support. “
Bill Ready, Pinterest Ceo
“People on our platform come from all walks of life, from all different backgrounds, and so we wen very focused on how we dry incidence in our platform with things ings like ‘diversity by default’ in our feed … We’re Not (Changing Anything), and the reason is we’ve seen iteutly leading to better engine, there’s consumer demand for it, it’s good for our business. “
Chuck Robbins, Cisco Ceo
“I think what happened is there’s a subset of initiatives under the dei brand that was particularly disliked. And i think the whole thing goes blown up because of that … IF I’m Sitting in a ROM SITINT SOOM TOMT SOOBE AOMCE Or to chase a big options, I want a lot of diverse brains in that room, and i do’t care if it’s gender or if it’s nationality or if it lovesity of experiens. . But i think The pendulum swung and i think it was a handful of issues that really triggered it all. “
Robert Smith, Vista Equity Partners CEO
“I think that diversity is a great thing in business. How do I know? Activally Able to Out-Produce That Have DIVESE TEAMS. The facts all sugges that. ecuvenes who actually understand the importance of Diverse Thinking in the work that they do, in the products that they delivery, and in the markets Adjustments to it, but people will do the right thing. “
Alexandr Wang, Scale Ai Ceo
“We operate in an increded has No option but to be meritocratic … and in the process, we achieve diversity. “
