Diversity fosters innovation and creativity through a greater variety of problem-solving approaches, perspectives and ideas, and diversifying your team can boost productivity by 35%. (McKinsey & Company)
FRACTIONAL CHIEF DIVERSITY OFFICER
The Chief Diversity Officer (CDO) serves as a catalyst to leverage best practices and resources to promote a culture of inclusion where individuals from all racial and ethnic identities, ages, nationalities, social and economic status, sexual orientation, gender identity/expression, religious, political and ideological perspectives, and physical and mental abilities can thrive and be engaged.
The Fractional CDO is designed to provide diversity support to businesses that don’t require a full-time Chief Diversity Officer at an average $200k annual salary, but require diversity support and business strategy. The Fractional CDO provides strategic leadership for diversity, equity, and inclusion initiatives that advance diversity as a critical component of business strategy. The Fractional CDO generally reports directly to the President/CEO and serves as the senior DEI advisor to the C-suite and leadership in three main areas:
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 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? Add a Fractional Chief Diversity Officer to your team for structured guidance without compromising your culture at a small portion of the cost of a full-time CDO. Call 1-800-834-4946 or click here.