5. Quick Definitions
“The act of
including or the
state of being
included.”
Inclusion
“The quality or
state of having
many different
forms, types, ideas,
etc.”
Diversity
8. It is the RIGHT thing to do
Bias against
diverse
communities
affects human
performance
Compliance
with legal
requirements
against
discrimination
Respect and
fair treatment
should be a
basic right for
everyone
9. It is the SMART thing to do
Engage a
broader set of
clients and
prospects
Stronger
collaboration
across the
company
Access to
more Talent
Bottom Line:
All of which lead to more profits
11. Even though NH has the lowest percentage of minorities in
comparison to MA, RI and CT…
Source: EMSI, 2016
QCEW Employees - Class
of Worker Dataset
12. NH’s diverse population has increased at a higher rate
than seen in RI, CT, and MA since 2001
Source: EMSI, 2016 QCEW Employees - Class of Worker Dataset
13. By 2025, White Hispanics will have the largest population
increase in Hillsborough County
Source: EMSI, 2016 QCEW Employees - Class of Worker Dataset
2016 % of
Cohort
% ChangeChange
2025
Population
2016
Population
Race/Ethnicity
White, Non-Hispanic
White, Hispanic
Black, Non-Hispanic
Asian, Non-Hispanic
Black, Hispanic
348,820 346,664 (2,156) (1%) 85.69%
5.27%
3.94%
2.26%
1.63%
12%
13%
13%
12%
2,664
2,082
1,186
809
24,113
18,127
10,392
7,444
21,449
16,045
9,206
6,635
White Hispanic is defined as individuals who are racially white and of Hispanic
descent.
14. This trend is also seen in
Rockingham County, Stafford County…
Source: EMSI, 2016 QCEW Employees - Class of Worker Dataset
Rockingham County Stafford County
ChangeRace/Ethnicity % Change
White, Non-Hispanic
White, Hispanic
Black, Non-Hispanic
Asian, Non-Hispanic
Black, Hispanic
(2,619) 1%
18%
11%
12%
16%
1,302
654
503
380
ChangeRace/Ethnicity % Change
White, Non-Hispanic
White, Hispanic
Black, Non-Hispanic
Asian, Non-Hispanic
Black, Hispanic
(1,010) (1%)
17%
16%
12%
9%
748
381
274
123
19. What does Eastern do?
Build Talent Communities, internally and externally
• Pipelining and Employee Networks
Partner with Community-Based Organizations
• Enhance understanding of needs
• Help in getting the word out
20. What does Eastern do?
Enhance Supplier Diversity efforts
• Connectivity between suppliers & customers
Restructure our Marketing Strategy
• Behavior based, not demographics
Measure our Progress
• Report to the Board at least three times per year
21. Diversity Metrics You Can Track
Early stage = Proof of concept
Intermediate stage = Proof
of performance
Advanced stage = Financial
impact
• Number of diverse new hires
• Number of diverse people retained
• Diversity at all levels
• Diverse market opportunity
• Employee survey scores and/or diversity audit
conclusions
• Improved performance evaluation scores
• Evaluation of employee sensitivity of or
knowledge about diversity
• Client satisfaction gap with diverse customers
• Market share with diverse clients
• Profitable revenue/market share growth in diverse
markets
• External recognition or awards
• Reduced turnover costs, absenteeism, low
productivity
25. TD Bank Small Business Expo -
Next Wednesday, May 25th, 2016
at the Radisson Hotel Nashua
June Business After Hours –
June 8th, 2016 at Eaton & Berube
Upcoming Events
Keep up to date at www.NashuaChamber.com
Notas do Editor
Companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial returns above their respective national industry medians.
Methodology: This study comprised of 366 public companies across a range of industries in Canada, Latin America, the United Kingdom, and the United States. This research looked at metrics such as financial results and the composition of top management and boards.
Source: McKinsey
Quality of life: companies must pay attention to this in order to develop a renewal resource for highly talented associates, suppliers, and distribution partners
Societal oppression and bias: undermines well-intended policies, practices, and human performance
This graph shows the percentage change in diversity from 2001 to 2006, 2006 to 2011, 2011 to 2016, and 2016 to 2021. NH’s diversity is INCREASING.
2) New Hampshire has the lowest minority population count, but it is increasing at the highest rate in comparison to MA, RI and CT since 2001
3) EMSI projects that this trend will continue for the next 5 years as well (2016-2021 projections illustrated above)
4) A reason for NH’s comparatively higher growth rate is due to the fact that their population count is smaller, for example…a change from 5 to 10 is a 50% increase. These population growth statistics, however, show that NH diversity is in fact increasing.
Now, looking at Hillsborough county where Nashua is located…we see that the White non-Hispanic population will actually have negative growth by 2025 (a loss of 2,156 in total count), while the White Hispanic population count will increase 12% by 2025 (2,664 in total).
The same pattern can be seen in the following counties… (move quickly through these slides)
As we can see here, in the counties highlighted, the white non-Hispanic population is actually expected to decrease at a faster rate than other ethnicities. We should also pay close attention to the growth of both black and white Hispanics in these counties as well.
The same pattern can be seen in the following counties…(move quickly through these slides)
As we can see here, in the counties highlighted, the white, non-Hispanic population is actually expected to decrease at a faster rate than other ethnicities. We should also pay close attention to the growth of both black and white Hispanics in these counties as well.
The same pattern can be seen in the following counties…(move quickly through these slides)
As we can see here, in the counties highlighted, the white, non-Hispanic population is actually expected to decrease at a faster rate than other ethnicities. We should also pay close attention to the growth of both black and white Hispanics in these counties as well.
When is the best time to plant a tree, 20 years ago, when it the second best time to plant a tree, right now.