Fractional Chief Diversity Officer (CDO)
So you have gone through diversity training and aligned your diversity goals with your business goals. What's next?
Welcome the Fractional Chief Diversity Officer.
The Fractional CDO is designed to provide diversity support to businesses that don’t require a full-time Chief Diversity Officer but would benefit from diversity support and business strategy. The Fractional CDO provides strategic leadership for diversity, equity, and inclusion initiatives as it relates to the overall business strategy.
What does the CDO do?
Strategic Leadership The Fractional CDO provides vision and leadership to effectively integrate diversity into the organization, working closely with leadership, the board, and/or advisory council to shape and implement talent investments, plans, and diversity strategies that align with company goals and create an inclusive work culture.
Retention and Recruitment Program Development The Fractional CDO collaborates with leadership to develop strategic hiring and retention efforts to attract and retain a talented, diverse workforce. Drives diverse talent identification and retention strategies for staff and leadership.
Advice, Reporting, and Guidance The Fractional CDO serves as the senior advisor to the President/CEO and leadership on initiatives and issues related to diversity, equity, and inclusion related to staff, and identifies opportunities for improvement. The Fractional CDO also serves as an advocate, mentor, and resource for concerns and issues related to DEI. Collects, analyzes, monitors, and disseminates relevant data and statistics to benchmark and promote accountability for diversity and inclusion.
Are you in need of strategic support for your diversity, equity and inclusion initiatives? Contact one of our DEI advisors for more information about our Fractional CDO service.
3 benefits of a Fractional CDO
CDO support at fractional cost
Consistent DEI advisory support
DEI strategy and guidance
Companies that had public incidents of “bad executive behavior” in saw an average 7 percent decline in market capitalization in the weeks following the news. (Russell Reynolds)
believe diversity and inclusion strategies are beneficial and essential (Quantum Workplace)
included on the S&P 500 index currently have a Chief Diversity Officer. (Fortune)