DIVERSITY FROM THE CORPORATE PERSPECTIVE Victor L. Hymes, CEO & - PowerPoint PPT Presentation

#CADiversityForum DIVERSITY FROM THE CORPORATE PERSPECTIVE Victor L. Hymes, CEO & Chief Investment Officer Legato Capital Management, LLC

DIVERSITY AT THE STARTUP LEVEL Easier and Harder HIRING HARDER ESTABLISHING EASIER CORE VALUES HARDER MANAGING CREATING A EASIER SUPPORTIVE ENVIRONMENT INSTITUTIONALIZATION HARDER

POLITICAL SEXUAL EDUCATION CULTURE THOUGHT RACE AFFILIATION ORIENTATION GEOGRAPHICAL LANGUAGE INTERESTS VIEWPOINTS RELIGION EXPERIENCE AREA EXCEPTIONALITY PERSONALITY WHY VISION OPENNESS TO DIFFERENCES IDEAS COMMUNICATION HEALTH ETHNICITY ETHICS CLASS CREATIVITY STYLES SOCIOECONOMIC GENDER SKIN COLOR NEEDS AGE PHILOSOPHY STATUS

DIVERSITY AT THE STARTUP LEVEL Startups can offer unique Advantages and Opportunities Numerous tasks can be Proximity allows for selectively customized to fit available aptitudes Numerous tasks can Ideal environment to constant collective Proximity allows for constant be selectively Instantaneous course implement Fairness collective exposure to the firm’s cultural beliefs and exposure to the firm’s mores correction customized to fit not Sameness cultural beliefs and Instantaneous course available aptitudes Management Strategy correction mores Ideal environment to implement Fairness not Sameness Management MAXIMUM POTENTIAL Strategy

DIVERSITY AT THE STARTUP LEVEL Characteristics of Diverse Environments Nothing Worthwhile Comes For Free WHO FAILED? COMPLEX TO MANAGE YOU THEM THE THE THE INDIVIDUAL ENVIRONMENT STRATEGY MULTIPLE STRATEGIES DISCOMFORT, AN INDICATOR OF PROGRESS OPERATING SIMULTANEOUSLY

DIVERSITY AT THE STARTUP LEVEL Solutions and New Thinking If the goal is perfection, you Define the benefits and tie Transform the hiring access will be disappointed: them to the organization’s point, and point of view of Set a goal of industry vision, with a goal of those you find there leadership and perpetual continuous improvement innovation Go beyond checking the percentage of “X”, towards what percentage of “X” has remained for more than 5 years – A measure of cultural transformation Practice fairness not Expand the definition of sameness management Change the welcome mat diversity and exploit the with the target diverse diversity you may not see population first

TAKEAWAYS Acknowledge that Perform critical analysis Change our own language transformation affects of what works everyone (differently) and what does not Isolate and amplify Prepare a diversity “model” Celebrate successes; past, effective strategies portfolio present and future

#CADiversityForum DIVERSITY FROM THE CORPORATE PERSPECTIVE Victor L. Hymes, CEO & Chief Investment Officer Legato Capital Management, LLC