Australian Business Leaders Urged to Protect Diversity and Ignore the U.S.

Mary-Beth Hosking, global keynote speaker, award-winning author and founder of Quantum Transformation, is urging Australian business leaders to preserve and cultivate the benefits of diversity rather than follow the US’s approach, which may undermine inclusivity and innovation.

Hosking outlines how diversity policies have enabled government, business and the community sector to enrich services and meet the needs of all Australians. She warns that following the US’s path could lead to reduced service delivery, diminished outcomes and lower profits for many commercial organisations.

The value of diversity in business success

According to Hosking, fostering a diverse workforce is not just a social responsibility but a strategic advantage. Companies that actively champion diversity tend to have stronger problem-solving capabilities, higher employee engagement and increased profitability.

“Many organisations are feeling pressured to cut back on diversity and inclusion programs in times of uncertainty, but this is a short-sighted approach,” Hosking said.

“Businesses that embrace diverse perspectives and experiences build more adaptable and creative teams, which is critical in today’s competitive landscape.”

Hosking outlines key areas of focus for Australian leaders to showcase the way forward.

Embed diversity into company culture

“Ensure that diversity and inclusion are not just policies but core values reflected in everyday operations,” Hosking said.

“In lay terms, ensure your organisation reflects the makeup of your customer base.”

Encourage diverse leadership

“Foster pathways for all groups to reach leadership positions, ensuring that different voices influence decision-making,” Hosking said.

“This is extremely important for organisations dedicated to meeting the needs of their market.”

Resist short-term cuts to diversity and inclusion programs

“Avoid eliminating diversity, equity and inclusion initiatives under economic pressures, as they contribute to long-term business resilience and success,” Hosking said.

Measure and celebrate diversity progress

“Use metrics and accountability measures to track diversity goals and recognise achievements. This is very important,” Hosking said.

“Everyone brings unique experiences and perspectives to the table that add value. The opportunity for businesses is to ensure these views are heard and shared and learnings are gained as a result.”

A call to action

“Business leaders have a responsibility to shape workplaces that support and uplift individuals from all backgrounds,” Hosking said.

“By committing to diversity, we create stronger businesses and a more inclusive society.”

Hosking continues to work with organisations across Australia and globally, providing leadership insights and transformation strategies that drive meaningful and lasting change.

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