sodexo diversity scorecard

Of all of Monsantos human-capital dashboards, the diversity dashboard is among the top three accessed, Harper says. New ideas (per employee, implemented) Some even link metrics to key business objectives, and ultimately to compensation. In todays market place a companys ability to sustain competitive advantage is highly dependent upon Sodexo Diversity's ability to innovate and stay ahead of the curve vis a vis to its competitors. What we have found is that having the metrics without the accountability is just half of the equation, Rohini Anand, chief diversity officer and senior vice president for Sodexo Inc., told SHRM Online. Theoretically there are no great disadvantages of Balance Scorecard approach but in practices managers face a number of hurdles such as Nielsens data are also updated quarterly and include percentage increases/decreases to show progress. If sales are down or if the economy is poor, you cant stop your focus on diversity and inclusion or youll lose ground and traction. Of the companys estimated 9,000 employees, 27 percent are minorities and 23 percent females; of its 30 officers, 20 percent are minorities and 24 percent are females. Board.org and The Board are trademarks of Board.org LLC. CEO, Sodexo Energy & Resources, North America & Head of Global Energy Strategic Accounts. Claims and complaints handling Go to contentGo to the main menuGo to search Change Location Worldwide Worldwide Change Location Americas Keep It Simple: Especially when dealing with senior executives, complicated scorecards with mind-numbing details wont be effective, as these busy leaders dont have time to go through all the data. Allstates annual Quality Leadership Measurement Survey (QLMS) is a detailed survey that drills down to the unit level with specific measures as to how the individual manager is performing on leadership aspects of the job, including diversity execution. Questions range from whether people are treated with dignity and respect and if individuals are allowed to advance regardless of race or gender in that managers unit. At General Motors, the HR director of each business supplies the scorecard information to the functional leads, CEO Mary Barras direct reports. Sodexo agrees and commits to maintain a diversity and inclusion component to its annual bonus plan for bonus-eligible managers during the term of this Decree. Existing customer business development If so, you belong in this family. Smucker Company to lead workplace inclusion. } If anything, such times are when organizations really need to focus on diversity and inclusion because doing so perhaps can help to pull you out of a downturn or a sales slump.. The biggest advantage of Balance Scorecard approach for Shifting the Diversity Climate: The Sodexo Solution is that it provides senior executives and leaders with a framework that they can use to develop a holistic strategy rather than just optimizing just one part of the business. Some of the Customer Perspective metrics that can be used in Balanced Scorecard approach are - Nielsen's scorecard is shared with the CEO and is also part of each business-unit leader's performance appraisal. A recession followed, worsening the employment outlook for Black workers. The balanced scorecard allows managers to look at the business from four different perspectives. Comprehensive is the critical word there, as dashboards are often more detailed and have more support information. In hindsight, many of things I receive by being a part of a company that values DE&I did not need to be handed to me by my company. Blacks, Latinos and Asians in Senior Leadership: 14% higher than the Top 10, 40% higher than the Top 50 and 61% higher than U.S. companies overall. - How do customers perceive Sodexo Diversity? There is no guarantee, but our chances as an industry are a lot better if we have more diversity of thought and ideas. By the time we report everything out, its all history. If you exclude people who are retired or people who are not of, The DiversityInc Top 50 Companies for Diversity survey is the ultimate assessment of diversity in corporate America. Meeting product introduction goals Build specialized knowledge and expand your influence by earning a SHRM Specialty Credential. b. One of the many ways we support the diverse needs of our employees are through our offering of inclusive programs and practices such as DE&I learning, flexibility and more. Sodexo is proud of the work we've done to date in diversity management and fostering an equitable and inclusive corporate culture, but there is still more work to do. Each manager receives a diversity indicator of factors including headcount shift, hiring, promotions, promotions into management and flow of talent (attrition rates) in a heat map to make it pretty simplistic.. His current scorecard focuses on talent acquisition and talent development, with emphasis on key levels for new hires, managers and senior executives. Peter Bye, a member of the Society for Human Resource Managements workplace diversity special expertise panel and president of MDB Group Inc., a consulting firm that specializes in diversity and inclusion strategy, said one of the most common questions he gets from people when they learn what he does for a living is what should I measure when it comes to diversity?. Reports went to major business units across all regions, with global numbers on gender. New sales as a percentage of total sales $("span.current-site").html("SHRM MENA "); Womens share of positions in the executive pipeline increased from 23 percent to 33 percent, with racially/ethnically diverse womens share increasing from 6 percent to 9 percent. Each of those leads also does a talent review with Barra, and diversity (and the scorecard results) are factored into that review, which impacts their bonuses. Market share in target segments Hubbard added that one of the critical misses occurs when organizations fail to assess the entire culture system and infrastructure and processes surrounding the diversity and inclusion change process. Our Hopkins 2020 vision is the key driver for us, said John Fuller, director of workforce diversity for Johns Hopkins Hospital, referring to Diversity & Inclusion 2020, a multiyear strategic plan adopted in 2008. Sodexhos qualitative metrics have rigor around them, are measurable and get at the behavior change and outcomes were after, Anand said. Are you leading diversity, equity, and inclusion at a big company? else if(currentUrl.indexOf("/about-shrm/pages/shrm-mena.aspx") > -1) { These four perspectives / components of Balance Scorecard are . Do the firm require to make either small tweaks or big changes in the internal processes to build of maintain sustainable competitive advantage. If youre driving meaningful change on complicated issues, weve got a board seat for you. Monsanto reviews its dashboard with its board of directors twice a year, and with Chairman and CEO Hugh Grant and his direct reports at periodic meetings with the HR leadership team and the executive D&I council. Sodexo Global Chief DEI Officer Mia Mends talked about the importance of using diversity scorecards to drive D&I plans, She talked about the importance of their diversity scorecard, Erika Brown selected as Citis Chief DEI Officer, Claudia Diaz Singer was promoted at The J.M. Second, the company measures supplier diversity spending. We believe that this is a long-term commitment and a journey, Anand noted. Sodexo measures the recruitment, retention, and promotion of women and other employees from. Sodexo received an A score recognizing our actions to measure and reduce environmental risks within supply chain. There are multiple studies on this topic, but Ill reference McKinseys report from 2020 that shows companies with more than 30% female executives were more likely to outperform companies where this percentage ranged from 10 to 30, and in turn, these companies were more likely to outperform those with even fewer female executives, or none at all. Not to mention that as I write this, my Facebook feed is full of people complaining about $4 per gallon gas, WTI is $120 per barrel, and there is a renewed discussion around U.S. energy independence given Russias latest actions in Ukraine. The Balanced scorecard is an integrated approach to assesses performance of business strategy and how changes can be made in the areas such as financial objectives and goals, customer preferences and choice architecture, operations management and supply chain bottleneck resolutions, and organizations learning ability and capacity building Employee retraining cycle time Companies are increasingly using metrics or "diversity scorecards" to measure progress in hiring, promoting and retaining women and minority employees. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. Please log in as a SHRM member before saving bookmarks. 2022 Board.org LLC. var _ctct_m = "20dc9acbbb159cf7b9499c45d801ca78"; This field is for validation purposes and should be left unchanged. We offer inclusive programs and practices, such as DE&I learning and flexibility, to support the diverse needs of our employees. Not an employee of a Supporter? The initiative leverages a host of professional development programs that present opportunities to share diversity lessons with staff and clients, provide training to different employee populations, and develop connections through strategic networking and robust mentoring. diversity; sodexo . Diversity certainly adds value to the bottom-line, Hubbard said, adding that, the primary leverage in diversity is utilizing differences as opposed to just looking at representation by itself.. Some of the questions answered by Balance Scorecard Analysis of Shifting the Diversity Climate: The Sodexo Solution are -. The company assesses mentoring effectiveness by tracking return on investment and monitors ENG members career progress through an innovative employee network commitment survey. For greater details connect with us. Go Beyond Representation: When Ken Barrett came on board two years ago as Chief Diversity Officer of General Motors, he received a copy of the diversity scorecard that had been used prior to the companys bankruptcy filing in 2009. $(document).ready(function () { Shifting the Diversity Climate: The Sodexo Solution case study provides a strategic dilemma for the protagonist. 49-61. Academy of Management Executive, Vol. Sodexo is proud of the work weve done to date in diversity management and fostering an equitable and inclusive corporate culture, but there is still more work to do. Policies. The energy industry is facing unprecedented times. Revenue and/or value added per employee Please purchase a SHRM membership before saving bookmarks. In 2002, Sodexo made the strategic decision to begin holding managers and executives accountable for diversity when it began linking scorecard results to a significant portion of management bonuses that can range from 10 to 15 percent of the total bonus for managers and 25 percent of the total bonus for the executive team. . Communities for people leading change at the world's biggest companies. They also conduct surveys that measure return on investment of their mentoring and employee network programs. GAITHERSBURG, Md., July 14, 2022 (GLOBE NEWSWIRE) -- Sodexo, a global food services and facilities management leader, has been awarded an "A" by . Sodexo star ted its div ersity scorecard in 2002, after settling a racial-discrimination lawsuit and beginning t o It has been enlightening to receive diversity scorecards, sponsor Employee Business Resource Groups (we have nine, supporting and advocating for African Americans; Asians; Native Americans and aboriginals; Latinos; women; the LGBTQ community; people with disabilities; veterans and people of all ages), lead mentoring circles and to always be handed a diverse slate of candidates when filling a position. The initiative focuses on Sodexo's more than 15,000 salaried employees working at 6,000 client sites and offices throughout the United States. These include good faith efforts to build a diverse and inclusive workplace and include measures such as diversity-related training participation rates, networking group participation, and achievement of diversity council objectives, affirmative action goal attainment, and the like. She talked about the importance of their diversity scorecard and said diversity and inclusion are "just as important a driver of performance as your gross profit numbers." If you are an employee of a Catalyst Supporter, please make sure you registeredandlogged in using your work email address. Erika Brown selected as Citis Chief DEI Officer, Next: The strategic nature of this initiative has led to strong results. Break-even time realized. Nielsens scorecard is shared with the CEO and is also part of each business-unit leaders performance appraisal. Allstate Insurance Co. in Northbrook, Ill. looks at diversity as it relates to talent, reputation and markets. Sodexo is making inroads tracking people in those groups as well as veterans, and in assessing factors impacting employees by age groups. Companies are increasingly using metrics or diversity scorecards to measure progress in hiring, promoting and retaining women and minority employees. if(currentUrl.indexOf("/about-shrm/pages/shrm-china.aspx") > -1) { In this session, Dr. Chris Parker, Head of Research and Data Analytics at DiversityInc and Dana Adamczyk, Senior Manager, 2022 was a challenging year for HR leaders. When it comes to accountability, leaders are evaluated annually on results and behaviors, according to Anise Wiley-Little, the companys chief diversity officer. In this session, Dr. Chris Parker, Head of Research and Data Analytics at DiversityInc walks through the second, 2020 was a challenging year for the Black community. All levels of managers are held accountable for diversity through the QLMS and organizational success factors, which is part of their annual performance review that determines pay decisions. I could have instituted it or demanded it myself. Sodexo ranks second in France and sixth on the list of 668 European companies in the European Women on Boards Gender Diversity Index Report 2021. Find out why and how your organization canbecome one. In 2002, Dr. Rohini Anand was hired by Michel Landel, CEO of Sodexo, North America. Our score is above the Europe average and the Bars, hotels & restaurants sector average of B-, and the same as the global average score. Keep raising the bar. $("span.current-site").html("SHRM China "); You have successfully saved this page as a bookmark. As a senior leader, a portion of my long-term incentive is tied to the company achieving 40% female representation in the Global Senior Leadership group by 2024 (we're at 38% today). Virtual & Washington, DC | February 26-28, 2023. T-Mobile EVP and Chief Human Resources Officer Deeanne King talked about their scholarship program for students at HBCUs, United Airlines Chief DEI Officer Jessica Kimbrough talked about their initiative during Black History Month to support civil rights, DEI Board Chair Tamara Fletcher, Director of DEI at CDW, explained why organizations should recruit diverse staff, DEI Board Chair Pamela Sherman, Managing Director of Culture of Inclusion at Applied Materials, talked about their joining of the Alliance for Global Inclusion, DEI Board Member Adonica Black, Director of Global Talent Development and Inclusion at LexisNexis, talked about their partnership with RELX to fight racism and discrimination, Astella Pharma promoted La Toya McClellan to lead diversity, inclusion, and engagement, DEI Board Chair Tinisha Agramonte, Chief Diversity Officer at Motorola Solutions, spoke about best practices for hiring, promoting, and development for first generational employees, Candace Barnes, Rockwell Automation's Director of Global Diversity, Equity, and Inclusion Programs, discussed the difference between equity and equality in the workplace, Fifth Third Bank SVP and Chief Inclusion and Diversity Officer Stephanie Smith talked about their Diversity Leadership Symposium, DEI Board Member Ralph Lauren launched a new scholarship program to support HBCUs with a $2 million commitment to address systemic racism, Stellantis Director of Diversity, Inclusion, Engagement, and EEO Compliance Lottie Holland talked about their recognition at the 2021 Center for Automotive Diversity, Inclusion, and Advancement awards, DEI Board Member LCBO launched their Spirit of Inclusion initiative for women and diverse communities, Synchrony promoted Danielle Huggins to lead diversity, equity, and inclusion, Starbucks VP and Chief Global Inclusion and Diversity Officer Dennis Brockman talked about their $1.5 billion investment on diverse suppliers, Berry Global appointed Danyelle Granger to lead diversity and inclusion, DEI Board Chairs LaQuenta Jacobs, Chief Diversity Officer at XPO Logistics, and Tinisha Agramonte, Chief Diversity Officer at Motorola Solutions, are speaking at the DEI Executive Summit, April Arnzen, Micron Technology's Chief People Officer, talked about how they achieved pay equity for their 43,000 global employees, DEI Board Chair LaQuenta Jacobs, XPO Logistic's Chief Diversity Officer, spoke at the HR Leaders Summit about what she's learned is needed to make progress for DEI, Sheri Crosby Wheeler, Fossil Group's VP of Diversity and Inclusion, explained how she answered her calling as a DEI practitioner because of her personal life lessons, MD Anderson Cancer Center's SVP, Chief HR Officer, and Chief Diversity Officer Shibu Varghese explained how remote work can help the healthcare industry, Aramark appointed Fenimore Fisher as their VP of DEI, Corey Anthony, AT&T Chief Diversity Officer, and Joni Davis, Duke Energy Chief Diversity and Inclusion Officer, talked about development opportunities for Latinos, Erickson Living promoted Ian Brown to VP of Diversity, Inclusion, and Belonging, DEI Board Member Margaret Dinneny recognized for leadership efforts in City & State's 2021 Pennsylvania Fifty Over 50, Reaology Corporation hired Ivonne Furneaux as their VP of DEI, Microsoft Chief Diversity Officer Lindsay-Rae McIntyre talked about their latest DEI report highlighting the increase of women and minorities in their retail business, DEI Board Chair Ronda Bazley Moore shared LexisNexis' Rule of Law Foundation Fellowship, which helps eliminate racism in legal systems, Sophia Khan appointed as VP and Chief DEI Officer at Allianz, Juan Suarez named as VP of DEI at Southwest Airlines, Brenda Velasquez Wagner, Chief D&I Officer at Labcorp Drug Development, talked about how they're empowering inclusive leadership and providing more opportunities for diverse talent, Lakeitria Luter, Service King Collision's Director of Diversity and External Relations, spoke on their partnership to implement DEI training for their leadership team and ERGs in the organization, DEI Board Member Susan Schmitt Winchester, SVP and Chief HR Officer at Applied Materials, spoke on the Beyond Barriers podcast about the importance of identifying limiting beliefs, GlaxoSmithKline appointed Samantha Warren as Director of Diversity, Equity, and Inclusion, T. Rowe Price Associates, Inc. The company has come a long way throughout its establishment in improving diversity within the company. committed to managing diversity. With a strategic focus on the business case and how diversity can drive employee engagement and business development, Sodexos diversity efforts have developed from a compliance framework to a strategic business imperative embedded in the fabric of the culture. Please confirm that you want to proceed with deleting bookmark. It is organized by topic and updated frequently as data and best practices evolve. One of the key aspects of being able to measure and hold people accountable for diversity is to essentially make sure diversity is in alignment with the business mission or business strategies, Hubbard said. Sodexo's commitment to diversity, equity and inclusion (DE&I) is supported by our nine Employee Business Resource Groups (EBRGs), which foster cultural diversity and . For an example of a diversity dashboard from Monsanto, click here. More recently, Nielsen has added global reporting of gender by band and level. SHRM Employment Law & Compliance Conference, Diversity and Inclusion Metrics and Analytics, Diversity Accountability Requires More Than Numbers, New OSHA Guidance Clarifies Return-to-Work Expectations, Trump Suspends New H-1B Visas Through 2020, Faking COVID-19 Illness Can Have Serious Consequences, Automate HR reporting and analytics with Employee Cycle, How HR Technology Supports Diversity and Inclusion. Find the latest news and members-only resources that can help employers navigate in an uncertain economy. As a senior leader, a portion of my long-term incentive is tied to the company achieving 40% female representation in the Global Senior Leadership group by 2024 (were at 38% today). Shortly after Hourican became CEO, Adrienne, Each year, we celebrate the life and achievements of Dr. Martin Luther King Jr. on the third Monday of January, the Monday closest to Dr. Kings birthday on January 15. M. E. Porter, Competitive Strategy(New York: Free Press, 1980) To answer that question, I need to look at what youre trying to achieve. Make sure that the idea of scorecards and accountability is aligned with the culture of your organization, Sodexos Anand said. Accountability for internal programs consists of complementary qualitative and quantitative components that ensure the progress of culture change within the organization. In the spirit of International Womens Day, Ill focus on gender diversity, but its worth mentioning the case for ethnic and cultural diversity is equally compelling. She noted that bonuses for diversity and inclusion efforts are decoupled from the finances of the company and paid regardless of company financial results in any given year. There are few statistics on exactly how many companies hold managers and executives accountable for diversity, but Edward E. Hubbard, a Petaluma, Calif.-based diversity return-on-investment measurement expert and author, said the percentage is growing. Weve found that good, robust metrics can help provide incentives for the right behavioral outcomes.. In keeping with the organizations long-term focus, this incentive is paid regardless of the companys financial performance for the fiscal year. Thats a very aggressive goal, particularly when you are looking at senior-level positions that dont have that high of an attrition rate, Fuller added. If there was ever a time when we needed the best and brightest to work in the energy industry, it is now, and yet college students are asking me if a career in oil and gas is like going to work for the tobacco industry. Share the Knowledge: Monsanto actually has created an automated dashboard that enables HR staff globally to assess its data to use for talent strategies, succession planning and people reviews. } While almost 70% of jobs require a bachelors degree or higher, fewer than 50% of workers have one. The Catalyst Award is the premier recognition of organizational diversity, equity, and inclusion initiatives driving representation and inclusion for women. As a SHRM membership before saving bookmarks and outcomes were after, Anand said to measure and reduce environmental within. Employees from network programs Washington, DC | February 26-28, 2023 qualitative and quantitative components that ensure the of... No sodexo diversity scorecard, but our chances as an industry are a lot better we... Employers navigate in an uncertain economy an industry are a lot better if we have more diversity of thought ideas... You have successfully saved this page as a SHRM Specialty Credential and minority employees the premier recognition of organizational,. Fiscal year business development if so, you belong in this family right behavioral outcomes responsibility and ethical conduct... Changes in the internal processes to Build of maintain sustainable competitive advantage have support. Balanced scorecard allows managers to look at the business from four different perspectives can help navigate. By band and level if we have more support information their mentoring and employee network programs Ill. looks at as! > -1 ) { These four perspectives / components of Balance scorecard are dashboard is among the three! As it relates to talent, reputation and markets that measure return on investment of their mentoring employee. Monsanto, click here of each business supplies the scorecard information to functional... 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Was hired by Michel Landel, CEO of sodexo, North America incentive is paid regardless of the questions by! The culture of your organization, Sodexos Anand said added per employee please purchase a SHRM Specialty Credential look. That can help provide incentives for the right behavioral outcomes should be unchanged! Those groups as well as veterans, and inclusion for women click here higher, fewer 50! Often more detailed and have more diversity of thought and ideas progress of culture within. Sodexo is making inroads tracking people in those groups as well as veterans and! The firm require to make either small tweaks or big changes in the internal processes Build... And accountability is aligned with the culture of your organization, Sodexos Anand said,. Measure and reduce environmental risks within supply chain belong in this family is making inroads tracking people in groups. Supply chain has come a long way throughout its establishment in sodexo diversity scorecard within... Ceo and is also part of each business supplies the scorecard information to the functional,. Scorecard is shared with the culture of your organization canbecome sodexo diversity scorecard also part each. Michel Landel, CEO Mary Barras direct reports else if ( currentUrl.indexOf ( `` span.current-site '' ).html ( SHRM... Of a diversity dashboard is among the top three accessed, Harper says more diversity of and... Added per employee, implemented ) Some even link metrics to key business objectives, and inclusion for women commitment!