Human Capital Analytics
by Deepa Gupta, Mukul Gupta, Pawan Budhwar, Jim Westerman, Rajesh Kumar Dhanaraj, Balamurugan Balusamy
13Data-Driven Strategies to Improve Workplace Diversity, Equality and Inclusion (DEI)
Arkja Singh1, Rakesh Kumar Yadav1* and Deepa Gupta2
1Department of Management Studies, School of Business Management, IFTM University, Moradabad, Uttar Pradesh, India
2GL Bajaj Institute of Management, Greater Noida, Uttar Pradesh, India
Abstract
In modern-day organizational dynamics, encouraging diversity, equality, and inclusion (DEI) has turned out to be not only a moral imperative but also a strategic business advantage. For advancing DEI initiatives in the workplace, this research paper scrutinized the significance of data-driven strategies. To pinpoint the differences, biases, and areas for enhancement, it elucidated the key role of data analysis in fusing empirical evidence and theoretical frameworks. To extend the targeted interventions that endorse diverse recruitment, equitable policies, and inclusive cultures, this paper investigated a range of data-driven approaches, including demographic analysis, sentiment analysis, and network analysis. Moreover, emphasizing the magnitude of transparency, privacy, and accountability, it carefully inspected the issues and ethical contemplations associated with using data for DEI purposes. To avoid prospective bias and guarantee the ethical use of data in DEI initiatives, it advocated the embracing of sturdy governance frameworks and accountability mechanisms. In due course, this paper advocated the holistic amalgamation of data-driven strategies ...
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