sodexo diversity scorecard

During that same time period, the number of women on the executive committee increased from three (18.8 percent) to five (20 percent). Go to contentGo to the main menuGo to search Change Location Worldwide Worldwide Change Location Americas Brazil Canada Chile Colombia Costa Rica var currentUrl = window.location.href.toLowerCase(); And that was it. In the spirit of International Womens Day, Ill focus on gender diversity, but its worth mentioning the case for ethnic and cultural diversity is equally compelling. Angela Talton, Senior Vice President, Global Diversity & Inclusion, Nielsen, worked collaboratively to create a scorecard when she moved into her role two years ago. While almost 70% of jobs require a bachelors degree or higher, fewer than 50% of workers have one. Balanced Scorecard approach focuses on comprehensive metrics rather than only local optimization in various spheres such as financials, operations, internal processes, and customers needs. 9, Issue 4, pp. Read workplace diversity, equity and inclusion pieces by Sodexo leaders and check out our Racial Equity and Social Justice Toolkit. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. Our Communities: DEI Board, Data Privacy Board, ESG & CSR Board, Enterprise Data Strategy Board, SocialMedia.org, SocialMedia.org Health, and Talent Marketing Board. Employee satisfaction and retention, or the opposite (turnover rate) Balanced Scorecard analysis of Sodexo Diversity is a comprehensive effort to integrate and align strategy and operations. I, along with many others in this publication, noted the strong business case for attracting a diverse workforce as it leads to more creative solutions, which in turn improves results. Questions range from whether people are treated with dignity and respect and if individuals are allowed to advance regardless of race or gender in that managers unit. Bye admits that his initial response can be rather disarming: I have no clue, he often says. To request permission for specific items, click on the reuse permissions button on the page where you find the item. The initiative focuses on Sodexos more than 15,000 salaried employees working at 6,000 client sites and offices throughout the United States. Diversity scorecards used to be all about representation. Board.org is owned and operated by FiscalNote, Inc. temp_style.textContent = '.ms-rtestate-field > p:first-child.is-empty.d-none, .ms-rtestate-field > .fltter .is-empty.d-none, .ZWSC-cleaned.is-empty.d-none {display:block !important;}'; And that was it. It has been enlightening to receive diversity scorecards, sponsor Employee Business Resource Groups (we have nine, supporting and advocating for African Americans; Asians; Native Americans and aboriginals; Latinos; women; the LGBTQ community; people with disabilities; veterans and people of all ages), lead mentoring circles and to always be handed a diverse slate of candidates when filling a position. Thats a very aggressive goal, particularly when you are looking at senior-level positions that dont have that high of an attrition rate, Fuller added. Sodexo is proud of the work weve done to date in diversity management and fostering an equitable and inclusive corporate culture, but there is still more work to do. Academy of Management Executive, Vol. Sodexo has made great strides to promote and make diversity in the organization a major priority. } By DiversityInc Staff As a senior leader, a portion of my long-term incentive is tied to the company achieving 40% female representation in the Global Senior Leadership group by 2024 (were at 38% today). You can have good initiatives and programs, but the idea is to really make sure you are changing behaviors and cultures within the organization, Anand added. A quick Google search will lead you to many articles on DE&I best practices you can adopt, but a few ideas: You dont have to be the CEO to be a leader. Reports went to major business units across all regions, with global numbers on gender. Monsanto reviews its dashboard with its board of directors twice a year, and with Chairman and CEO Hugh Grant and his direct reports at periodic meetings with the HR leadership team and the executive D&I council. Make sure that the idea of scorecards and accountability is aligned with the culture of your organization, Sodexos Anand said. With a strategic focus on the business case and how diversity can drive employee engagement and business development, Sodexos diversity efforts have developed from a compliance framework to a strategic business imperative embedded in the fabric of the culture. The inclusion part still has a quantitative feel to it.. Product development cycle Break-even time realized. I was a little bit concerned that we were just measuring executive representation and not everything that was impactful [to the senior management], he says. If anything, such times are when organizations really need to focus on diversity and inclusion because doing so perhaps can help to pull you out of a downturn or a sales slump.. Particular emphasis is put on new hires and high-potentials with a U.S. focus on race/ethnicity and gender, and a global focus on gender. The senior executives . Share the Knowledge: Monsanto actually has created an automated dashboard that enables HR staff globally to assess its data to use for talent strategies, succession planning and people reviews. Balanced Scorecard strategic analysis can help Sodexo Diversity managers in understanding the relationship between activites and take the systems approach rather than the local optimization approach. When it comes to creating accountability for diversity and inclusion, experts suggest that organizations: Keep the process clear, simple and understandable. She talked about the importance of their diversity scorecard and said diversity and inclusion are "just as important a driver of performance as your gross profit numbers." Find the latest news and members-only resources that can help employers navigate in an uncertain economy. EN. Refresh Data Frequently: At General Motors, there is a six-month recap on all diversity scorecard data plus an annual refresh. Weve never been particularly successful attracting and retaining women in energy. Since 2009, Sodexo completed the CDP annual request for information. Use the Scorecard to Forecast: Sodexos Johnson advises companies to be predictive. We embed the accountability for diversity into many things and we find that it is most effective if it shows up in multiple places and in different ways throughout the corporation, said Wiley-Little, who added that accountability for diversity sits on everyones desk.. A number of times they often clash with the chain of command in the organization. Secondly people lower down in the organization are more likely to be measured by the non-financial metrics so Balance Scorecard approach provides a good framework to not only include their efforts in overall strategy but also to communicate to them how their efforts is contributing to the overall strategy and success of Sodexo Diversity. Diversity scorecards used to be all about representation. 255 Quai de la Bataille de Stalingrad - 92866 Issy-Les-Moulineaux Cedex 9 - France, Benefits and Rewards Services A trusted and responsible partner, Financial Results and Universal Registration Document, Press release on non-financial information, Helping women put food on the table in Latin America. Employee retraining cycle time Please enable scripts and reload this page. If you are an employee of a Catalyst Supporter, please make sure you registeredandlogged in using your work email address. Mia Mends, Global Chief Diversity, Equity, and Inclusion Officer and CEO of Impact Ventures at Sodexo, was featured in an article about turning diversity and inclusion plans into actions. Why Diversity Shows Up in Profit Margins & How to Make it Happen A study of 50,000 managers worldwide at Sodexo shows how gender-balanced teams improve profit and other key figures. diversity; sodexo . Any hiring manager can ask for a diverse slate. Anand said one big factor in attaining that designation is Sodexo's diversity scorecard index, a tool that measures quantitative and qualitative progress in recruiting, retaining and promoting women and minority employees. Thomas J. Wilson, Allstates chairman, president and CEO, receives yearly data on workforce diversity components for each of his direct reports from demographics, promotion rates and opportunity, retention and turnover for their area of business which has implications on their overall performance and those of their leaders, Wiley-Little noted. Additionally, CEO George Chavel chairs the Diversity Leadership Council and reports on diversity progress to an external diversity and inclusion Board of Advisors. Sodexo, based in Gaithersburg, Md., recently ranked sixth on DiversityIncs list of top 50 Companies for Diversity. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRMs permission. Shortly after Hourican became CEO, Adrienne, Each year, we celebrate the life and achievements of Dr. Martin Luther King Jr. on the third Monday of January, the Monday closest to Dr. Kings birthday on January 15. The energy industry is facing unprecedented times. More recently, Nielsen has added global reporting of gender by band and level. , Ever since Kevin Hourican took over as President and CEO of Sysco in 2020, the company has seen a lot of positive change when it comes to workplace fairness. The Balanced scorecard is an integrated approach to assesses performance of business strategy and how changes can be made in the areas such as financial objectives and goals, customer preferences and choice architecture, operations management and supply chain bottleneck resolutions, and organizations learning ability and capacity building In this session, Dr. Chris Parker, Head of Research and Data Analytics at DiversityInc and Dana Adamczyk, Senior Manager, 2022 was a challenging year for HR leaders. Claims and complaints handling Allstate Insurance Co. in Northbrook, Ill. looks at diversity as it relates to talent, reputation and markets. We have confidential conversations you cant have anywhere else. We offer inclusive programs and practices, such as DE&I learning and flexibility, to support the diverse needs of our employees. Blacks, Latinos and Asians in Senior Leadership: 14% higher than the Top 10, 40% higher than the Top 50 and 61% higher than U.S. companies overall. Each manager receives a diversity indicator of factors including headcount shift, hiring, promotions, promotions into management and flow of talent (attrition rates) in a heat map to make it pretty simplistic.. Find out why and how your organization canbecome one. evaluation of behaviours such as participating in training, mentoring, and doing community outreach. I am now rarely the only woman in the room. Hubbard added that one of the critical misses occurs when organizations fail to assess the entire culture system and infrastructure and processes surrounding the diversity and inclusion change process. M. E. Porter, Competitive Strategy(New York: Free Press, 1980) If youre driving meaningful change on complicated issues, weve got a board seat for you. Customer profitability and customer life time value These include good faith efforts to build a diverse and inclusive workplace and include measures such as diversity-related training participation rates, networking group participation, and achievement of diversity council objectives, affirmative action goal attainment, and the like. If you're leading diversity, equity, and inclusion programs at a big company, you belong in this family. The scorecard is a conversation starter, a tool used to engage leaders in a conversation about internally reflecting the clients and communities we serve, she says. A proportion var currentLocation = getCookie("SHRM_Core_CurrentUser_LocationID"); Data on new hires are reviewed quarterly. Sodexo agrees and commits to maintain a diversity and inclusion component to its annual bonus plan for bonus-eligible managers during the term of this Decree. So we want to make sure that we have the commitment and engagement of management at all levels. Ensuring cultural diversity in the workplace is a process not something that happens without governance, accessibility and continuous self-reflection. Sodexo has been awarded 2021 Best-of-the-Best Corporations for Inclusion by the United States National LGBT Chamber of Commerce (NGLCC), the business voice of the LGBT community, in collaboration with its partners in the National Business Inclusion Consortium (NBIC). Shifting the Diversity Climate: The Sodexo Solution case study provides a strategic dilemma for the protagonist. b. Smucker Company to lead workplace inclusion. Companies need to start holding leaders accountable for progress on diversity, and we all know that what gets measured gets done. 2 in the DiversityInc Top 50), Monsanto (No. 9801 Washingtonian Boulevard, Gaithersburg, MD 20878, Intentional innovation to support the military, Environmental Services and Infection Prevention, Convenience, Office Coffee, and Micro Markets, Engage Employees with Satisfying Food Services, Sodexos Actions to Mitigate Impacts of Coronavirus. When the economy is unstable, employers are faced with difficult decisions around staffing, pay and benefits. The assessment covers Environment, Labor & Human Rights, Ethics and Sustainable Procurement dimensions. Sodexos scorecard has a clear executive-summary page showing the bottom line on hiring, promotion and retention, with a heat map for each business unit showing progress or challenges. What can companies do? For an example of a diversity dashboard from Monsanto, click here. This year, Sodexo received a B score. This is the 14th year Sodexo has been recognized as a top diversity leader by DiversityInc. Keep raising the bar. Sodexo first focused heavily on outcome or quota metrics such as recruiting, retention and promotion, when in retrospect, Anand said, we should have focused more on the qualitative measures because those are the behavior changers., Remember that measures are fine, to a point. If so, you belong in this family. The initiative leverages a host of professional development programs that present opportunities to share diversity lessons with staff and clients, provide training to different employee populations, and develop connections through strategic networking and robust mentoring. Sodexo star ted its div ersity scorecard in 2002, after settling a racial-discrimination lawsuit and beginning t o - Are we innovative and ready for the future? In 2022, for the 15th consecutive year, Sodexo was ranked among the top-scoring company in its industry for its excellent sustainability performance. Why all the energy preamble on International Womens Day? We must push against the status quo. In addition, in 2010, engagement scores for women were at 71 percent, up 10 percent from 2006 and considered above the Aon Hewitt threshold for best in class.. At Sodexo, the diversity scorecard factors into senior executives year-end bonuses. Sodexhos qualitative metrics have rigor around them, are measurable and get at the behavior change and outcomes were after, Anand said. Copyright 2023 DiversityInc Best Practices. percentages for the workfor ce, management and t op executives. This recognition demonstrates key progress on our carbon strategy. This evaluation shows how important diversity is to Sodexo and includes both qualitative and quantitative data. Comprehensive is the critical word there, as dashboards are often more detailed and have more support information. Learn more about becoming a member here. - Which internal processes can add value? It leverages a top-down, bottom-up, middle-out strategy to drive diversity and inclusion, inform diversity strategies, engage employees across levels and functions, and influence client employees. In 2022, Sodexo has been placed in the top 1% of companies. It leverages a top-down, bottom-up, middle-out strategy to drive diversity and inclusion, inform diversity strategies, engage employees across levels and functions, and influence client employees. Was ranked among the top-scoring company in its industry for its excellent performance. George Chavel chairs the diversity Climate: the Sodexo Solution case study provides a strategic dilemma for the consecutive! 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