According to a recent CEO survey from Fortune/Deloitte, the vast majority (85%) of respondent CEOs identified alignment with the company’s strategy, purpose, and values as among the top three factors in their decision-making as to whether to take a stand on social or societal issues; however, a measurable, nearly one-third (31%) of CEOs include alignment with their personal values and conscience among their top three decision-making factors. Comparatively, board input or approval infrequently factors into the decision-making.
Also noteworthy is this “progress report” on DE&I:
A January 2021 Fortune/Deloitte CEO survey revealed a strong commitment to DE&I that, based on the above, appears to be playing out in practice, with 94% of respondent CEOs having then identified DE&I as personal strategic priority/goal; 90% saying their organization aspires to be an industry leader in DE&I; and 72% reporting plans to publicly disclose DE&I metrics.
The brief report also provides instructive insights on CEOs’ spending plans, expected business drivers, pending transformations and large-scale initiatives, and agenda priorities.
See Deloitte’s article for additional color and context and additional resources on our Human Capital and Racial Equality & Diversity pages.
This post first appeared in the weekly Society Alert!