Ernst & Young one of Canada's Best Diversity Employers sixth year in a
TORONTO, Feb. 19, 2013 /CNW Telbec/ - As businesses seek growth —
locally and worldwide — they must shore up their workforces with the
diverse perspectives they need to challenge outdated ideas, and adapt
to thrive in new environments, says Ernst & Young, just named one of
Canada's 2013 Best Diversity Employers.
A six-time winner since the award's inception, Ernst & Young continues
to use its leading position to advocate for the tangible benefits of
embedding diversity, inclusiveness and human-equity values in business
"We've learned that by integrating these values into our core processes
— including promotions, recruitment, succession planning, client
service, and business development initiatives — we can better attract,
retain and empower top talent at every level," says Steve Shea,
Managing Partner, People at Ernst & Young. "If organizations can do
these things and remain globally united under a single mission, they'll gain a distinct
competitive advantage on a global scale."
But few organizations are doing this well so far, and that's something
many are eager to improve — according to the executives polled for the
Ernst & Young survey, Growing pains: Companies in rapid-growth markets face talent challenges
as they expand.
Forty-two per cent of the executives said talent management is the
second most challenging function to handle in a global economy — citing
management teams' lack of awareness of local cultures and global
markets as major barriers to success.
And with a mere 21% of all Growing pains respondents reporting confidence in their company's ability to manage
talent effectively across all markets, it's clear organizations need to
adjust to capitalize on the globalization promise.
"Diversity - in many varieties - as a business strategy is one piece of
the puzzle," says Fiona Macfarlane, Chief Inclusiveness Officer at
Ernst & Young. "We're using our success to help our clients and others
capitalize on the potential. If more organizations in Canada can infuse
their business strategies with these values, the Canadian business
environment will become stronger as a result."
About Canada's Best Diversity Employers
Canada's Best Diversity Employers recognizes employers across Canada
that have exceptional workplace diversity and inclusiveness programs,
examining a range of diversity initiatives. Winners are determined
based on employer applications. More than 3,250 employers across Canada
started the application process for this year's competition, which was
reduced to a short-listed group of employers with noteworthy and
interesting diversity initiatives. Each short-listed candidate's
programs were reviewed to determine how they compared to those of other
employers in the same field. The finalists chosen represent the
diversity leaders in their industries and regions of Canada.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and
advisory services. Worldwide, our 167,000 people are united by our
shared values and an unwavering commitment to quality. We make a
difference by helping our people, our clients and our wider communities
achieve their potential.
For more information, please visit ey.com/ca.
Ernst & Young refers to the global organization of member firms of Ernst
& Young Global Limited, each of which is a separate legal entity. Ernst
& Young Global Limited, a UK company limited by guarantee, does not
provide services to clients.
SOURCE: ERNST & YOUNG
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