272: Blended - Boost Your Bottom Line: Why You Should Be Retaining Diverse Talent

Published: June 14, 2022, 10:40 p.m.

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It\\u2019s episode 21 of Blended! I\\u2019m joined by another incredible panel of guests and we\\u2019re talking about diverse talent in the workplace, and how to keep it. From labor shortages to issues around retention, I\\u2019m having more and more conversations about talent on Let\\u2019s Talk Supply Chain, and it really was time to bring that conversation over to Blended. Ensuring you have diverse talent in your business could be the difference between surviving and thriving, so it\\u2019s something everyone should be taking seriously.

Today, our guests will be discussing the current landscape in supply chain when it comes to talent; sharing their own personal experiences; tackling how to successfully hire and retain talent; and discussing exactly how we navigate bias to improve company culture.

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IN THIS EPISODE WE DISCUSS:

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[00.45] Introductions to our Blended panelists.

  • Bryant \\u2013 Digital Content Marketing Manager, Corporate Communications at Blue Yonder
  • Meredith \\u2013 Senior HR Director at DHL Supply Chain
  • Heidi \\u2013 Founder of Diversity Study Group
  • Sugathri \\u2013 Program Director, Women in Supply Chains at Digital Supply Chain Institute

\\u201cThe landscape is transforming like never before.\\u201d Sugathri

[03.50] The group dives into the current landscape in supply chain when it comes to talent, and reflects on the truth behind the headlines around \\u2018talent shortages\\u2019 and the \\u2018great resignation.\\u2019

  • Is there a difference between talent and labor shortages?
  • Working with the right recruiter
  • Changing the face of the wider industry you work within
  • Selling your brand
  • Understanding the changing market and needs of the next generation
  • Robust retention plans
  • Culture work
  • How does leadership need to change?
  • Making DEI a business case

\\u201cEnsuring that you have the right wages and the right benefits have become really important \\u2013 if you\\u2019re not hitting the mark on that, and if your culture is not right, people aren\\u2019t going to come and work for you. Or they\\u2019ll come, and then they\\u2019ll leave.\\u201d Meredith

[21.56] The panel reflects on the step before retention \\u2013 hiring the right talent.

  • Are talent shortages a result of dated and exclusionary hiring practices?
  • Driving diversity of thought, which leads to innovation
  • Crafting diverse teams
  • How do we ensure diverse voices are heard equally?
  • Allyship and elevating others\' voices
  • Why it\\u2019s not just an HR issue
  • Unconscious bias

\\u201cIt\\u2019s a candidate driven, employee market, and its absolutely essential that organisations are pitching themselves right.\\u201d Heidi

[40.47] The group shares their personal experiences and dive deeper into unconscious bias: what it means, the impact on retaining talent and how we successfully navigate through it in the workplace to help retention.

  • Giving regular feedback
  • Creating boards and panels instead of making things one person\\u2019s responsibility
  • Communication and conversation
  • Sharing of personal experience and perspective
  • Taking accountability for our own bias
  • How we can help others to make it personal, connect and understand
  • Creating working communities
  • Address it head-on

\\u201cAnybody who has been \\u2018othered\\u2019 is always asking themselves those questions \\u2013 do I have an unconscious bias? And it\\u2019s terrifying when you have to come face to face with yourself and admit it.\\u201d Bryant

[1.13.14] The panel summarizes their thoughts on how organizations can successfully retain talent.

  • Flexibility
  • Being proactive instead of reactive
  • Ensure people feel accepted, included and valued
  • Visible leadership
  • Intention
  • Building the right culture
  • Overhaul your hiring processes to better onboard diverse employees
  • Support the creation of communities within your organization
  • Train managers to lead diverse teams
  • Make it all transparent
  • Create mentorship and sponsorship opportunities
  • Develop a formal retention plan
  • Stand in solidarity with diverse employees

[01.27.23] The group sums up their thoughts from today\\u2019s discussion.

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RESOURCES AND LINKS MENTIONED:

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You can connect with Bryant, Heidi, Meredith and Sugathri over on LinkedIn.

If you found this episode interesting, you might enjoy\\xa0Episode 20, DEI in the Workplace \\u2013 Not Just The Smart Thing To Do, But The Right Thing To Do or Episode 18, Hiding in Plain Sight: The Reality of Workplace Discrimination.

Check out our other podcasts HERE.

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