Around 80% of Hong Kong organisations have named Diversity, Equity, and Inclusion (DEI) an increased priority in the past year, according to “Global Blueprint for Belonging and Diversity” by Workday. The study also revealed that almost half (47%) of organisations intend to increase DEI investment in 2023, nearly doubling 26% in the previous year.
Melissa Bowden, senior HR director for Asia Pacific and Japan at Workday, said: “With greater prioritisation of DEI, it is truly exciting to witness the heightened commitment among Hong Kong organisations to foster a diverse and inclusive work environment. It is crucial for organisations to adopt a more mature and robust DEI approach, supported by unwavering dedication from leadership and shared ownership throughout the organisation. By doing so, organisations can unlock the full potential of DEI and drive significant positive impact across its workforce.”
DEI initiatives
The global study on 2,600 business leaders also revealed that support programmes for development and promotion and encouraging diverse applicants and hires emerged as the top two DEI initiatives Hong Kong organisations implement. The need to attract and develop talent and improve staff well-being are the top two drivers of implementing them.
Moreover, around 87% of Hong Kong organisations have a budget for DEI initiatives, higher than the global average of 85%.
Technology to support DEI
Bowden highlighted that an overwhelming 97% of Hong Kong organisations deployed technology to support DEI initiatives, underscoring the importance of technology tools to foster inclusivity in the workplace.
“With the right technology tools, organisations can leverage the power of artificial intelligence and machine learning to cultivate a culture where all employees can bring their best selves to work and successfully deploy initiatives that support all individuals,” Bowden added.
