Diversity, Equity & Inclusion Consensus (DE&I) 2023

Diversity, Equity & Inclusion Consensus (DE&I) 2023: How far have organisations across Ireland come

As Executive Headhunters, Principal Connections partners with many of the most noteworthy organisations across Ireland and the United Kingdom seeking to appoint diverse executive, CEO and board leadership talent.

In our view, DE&I is integral to the success of businesses today. It is well-established that organisations with diverse workforces are more likely to financially outperform their peers and excel in areas ranging from employee retention to innovation. Moreover, leveraging different perspectives contributes to a more complete understanding of opportunities and issues, fostering better decision-making and competitive advantages.

All this being said, what is far less apparent in today’s business environment is how organisational diversity programmes have evolved, and furthermore, what work remains to be done.

A Report by Principal Connections

Principal Connections decided to undertake a research programme in May and June of 2023, to explore just how far along their DE&I journey organisations across Ireland have come. While it is evident from the findings of the report that good progress has been made, it is clear that there remains a long way to go. We hope that this research piece will help organisations to diagnose and benchmark the maturity level of their DE&I programmes, and to identify their strengths and areas for enhancement.

Some of the views from the 100 Diversity Leaders who took part 

• 38% indicate that the primary reason for their organisations focus on DE&I is to recruit and retain talent...
• 55% say that information regarding their organisations diversity goals are made publicly available…
• 56% say that progress against DE&I objectives at their organisation is measured…
• 44% advise that their organisation does not have affinity groups…
• 36% believe that their organisation does not consider supplier diversity…
• 11% say that their organisation issues a standalone report to external stakeholders on internal DE&I efforts…

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DE&I in Executive Search

Principal Connections - executive search is committed to advancing DE&I in leadership. Actively partnering with our clients to help advance their DE&I objectives, we embrace various methodologies throughout our executive, CEO and board search engagements, with the goal of increasing the representation of historically underrepresented senior leadership.

Principal Connections - executive search is a Founding Signatory of the Executive and Board Resourcing Code of Conduct for search professionals and businesses established by IBEC and the 30% Club. (Jun. 2016, updated Apr. 2019). We are also an advocate for “Balance for Better Business”, the independent business-led Review Group established by the Government to improve gender balance in senior leadership.