Problem
People: Illustrate specific steps needed to be taken by the company to implement your recommendations to improve relationships with stakeholders.
What are the possible sacrifices that might need to be made? What are some metrics to ensure initiatives within the Diversity, Equity, and Inclusion area make a systemic and sustainable change?
Think about how implementing these steps can help change the culture of the company.
This is what my recommendation was:
A. People: Having a strong Diversity, Equity, and Inclusion (DEI) program can significantly improve stakeholder relationships for any company. Improving stakeholder relationships through initiatives in diversity, equity, and inclusion can lead to many benefits in the future for the company by improving customer and employee satisfaction. Here are some recommendations for Stryker Corp to consider:
a. Diversity: Encourage diversity in all levels of the organization by implementing policies to attract and retain qualified employees from different backgrounds. Stryker Corp. can promote diversity by offering inclusive recruitment practices, for example removing bias in the job descriptions, actively recruiting from diverse networks, and investing in employee resource groups to support diverse employees.
b. Equity: Stryker Corp can promote equality by implementing policies that make sure all employees are treated fairly, regardless of their background. Some examples of this are equal pay for men and women, benefits, and promotion opportunities for everyone.
c. Inclusion: Foster a welcoming and respectful culture for all employees. One-way employees can feel that their ideas or opinions are heard is to promote inclusive behaviors like active listening and communication and encouraging diverse points of views.