The Dirty Secret of Inclusion Work: The Principal Agent Problem

21/02/2023 11 min
The Dirty Secret of Inclusion Work: The Principal Agent Problem

Listen "The Dirty Secret of Inclusion Work: The Principal Agent Problem"

Episode Synopsis

Chief Diversity Officers are committed to building Inclusion Find out why some organisations makes this impossible Here's some key topics covered from this episode: - How a simple Economics principle explains your Diversity problems at work - How Grifters are able to repeatedly scam organisations - Why Chief Diversity Officers are fixated on the wrong numbers Play the episode for more Here's some key takeaways from this episode:  Principal Agent Problem is caused by conflict of interests "It's a "bait and switch".  They get Promised one thing. But they  get something different." Principal Agent Problem is caused by asymmetric information "There's asymmetric information. The Organisation doesn't actually know what it takes to create inclusion" Sometimes the Principal is a bad actor.. sometimes it's the agent "They are one of the Grifters I often talk about. They know that it's easy to get people to buy into short term outcomes" Check out these resources and related episodes of the show. The Huge Advantage You Have If Inclusion Is NOT Part of Your Day Job The Scam of the Century: How Chief Diversity Officers Are Let Down Demand for Chief Diversity Officers Is High. So Is Turnover. Whenever you're ready, there are a few ways I can support your Inclusion Journey: 1.      Work with me 1:1 2.     Get Practical Book Insights 3.     Get our Free Email Course For everything else check this https://linktr.ee/elementofinclusion