The scale of the issues facing ethnically diverse professionals in the workplace is immense, having roots in the socioeconomic and racial history of the UK. In the financial services sector, in particular, most diverse employees find themselves in lower-paid roles and unable to move beyond the middle management grade in the organisation. Despite organisations’ heavy investment to address this gap through their diversity efforts, ethnic minorities are still missing at leadership levels while others walk out the doors in frustration.
Organisations that hope to make meaningful progress are taking steps to reap the benefits of a diverse and inclusive team, although this has been slow. Success will require organisations to adopt an ecosystem approach, which includes investing in culture change, ensuring transparency and equality in processes, addressing the trust gaps, etc. Given the complexity of the challenges and the length of time it will take to see results, organisations will need to act more boldly and strategically than they did in the past.
Career Masterclass has written a report titled ‘Unlocking the Overlooked Talent Pool’. Therefore, the Talent Forum title ‘The Overlooked Talent Pool: How your Organisation Can Bridge the Gap’ has been aligned to the report and will explore the overlooked talent pool, why ethnically diverse professionals get stuck and are unable to progress into leadership levels, why diversity efforts are yet to translate into results and how organisations can unblock the concrete ceiling effect for black and ethnically diverse professionals who are stuck in the frozen middle.
What you’ll learn in this Masterclass
Why ethnically diverse professionals get stuck and cannot advance to leadership positions
Why diversity efforts haven’t yielded results, and how organisations can unblock the concrete ceiling effect for Black and ethnically diverse professionals stuck in the ‘frozen middle’.