In the News
Equality, Diversity & Inclusion | Kellogg's Achieves Objective for Gender Equality
4th March 2023
EDI (equality, diversity and inclusion) is a key issue in business management. Cereal-producing giant Kellogg's has set some corporate objectives for EDI in its UK business and has achieved one of them early.
Grocery Gazette report here on how Kellogg’s has reached its target of having 50% male and female representation at manager level and above in the UK. That is three years ahead of its 2025 goal.
Achieving this kind of objective takes more than words or intent. It requires significant investment in training and also organisational cultural change. So kudos to Kellogg's.
There are many benefits that businesses can enjoy when they have gender equality in their management structure. These include:
- Increased innovation and creativity: Gender diversity in management brings a diversity of ideas and experiences that can lead to more innovative solutions and creative ideas.
- Improved decision-making: A diverse management team brings a range of viewpoints and approaches to problem-solving, often leading to better informed decision-making.
- Enhanced employee morale and productivity: Gender equality in management can create a more inclusive work environment where all employees feel valued, respected, and empowered to work hard, which in turn can lead to higher levels of employee engagement and productivity.
- Better employee retention and lower labour turnover: Businesses that prioritise gender equality in management are more likely to attract and retain high quality managers, particularly women who may be more inclined to work for companies that demonstrate a commitment to diversity and inclusion.
- Improved reputation: Perhaps harder to measure in terms of business success. however Gender equality is increasingly becoming an important issue for some customers, stakeholders, and investors.
- Increased profitability: Research has shown that larger businesses with more women in senior management positions tend to have better financial performance, including higher profitability and greater returns on investment.
So you can see why Kellogg's is so commited to gender equality in management.
Not only is it the right thing to do from a social and ethical standpoint, but it can also bring Kellogg's tangible business benefits.
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