How will Covid-19 impact diversity in UK business?
Despite evidence that diversity leads to better business outcomes, the Covid-19 pandemic threatens progress in this area—and thereby risks the recovery.
Image: Fizkes/Shutterstock
Most now agree that we will be entering a "new normal" as we move out of the acute phase of the Covid-19 pandemic. For corporate UK, that may mean pivoted business models being made (semi) permanent and/or flexible and remote working as standard. What is less clear is how our reshaped companies will look in terms of diversity, in their staff teams overall and senior leadership teams in particular.
Yet the impact of Covid-19 on diversity is vitally important not only to individuals affected, but to the recovery of firms and the economy as a whole.
The evidence of a correlation between business performance and diversity was strengthened a
Like this article? Sign up to our newsletter to get more articles like this delivered straight to your inbox. For thoughtful journalism, expert insights on corporate governance & an extensive library of reports, guides and tools to help boards & directors navigate the complexities of their roles. Subscribe to Board Agenda Subscribe Here
Related Stories
-
Corporate disclosures and investor relations ‘impaired by Covid-19’
A recent event hosted by Mazars brought together audit committee chairs and investors to explore their experience of coping with the impact of Covid-19.
-
Social factors ‘now key to good corporate governance’ says ICGN
The Covid-19 pandemic has highlighted social failures and "deep" inequality which must be addressed by business, warns the global governance body.
