Cheryl highlights progress and areas that need improvement, citing statistics on women's representation in the transportation industry and the disparities in racial and ethnic representation, especially at senior executive levels.
They explore the misconception of hiring "the best person for the job" as an excuse for the lack of diversity and the importance of providing equal opportunities for all candidates. Cheryl highlights the need for transparency in promoting diversity while discussing the challenges of collecting demographic data. Additionally, she underscores the importance of attracting early talent by dispelling outdated industry perceptions.
Jan and Cheryl also discuss the importance of connecting with the workforce to create a sense of belonging and inclusivity. They highlight the importance of retention strategies, including stay interviews, especially in a multi-generational workforce. They discuss innovative approaches like reverse mentorship and shadow boards to bridge the generational gap and leverage diverse perspectives for organizational growth and success.
Lastly, they talk about the key findings and best practices of CADIA’s 2023 Industry Study. Cheryl emphasizes the significance of collecting data, incorporating DEI into core business goals, and mentoring and sponsorship initiatives for career advancement.
Jan stresses the significance of investing time and effort in promoting diversity and inclusion, as emphasized in the study. She encourages listeners to explore the study for the lessons leaders can learn.
Themes discussed in this episode:
The significance of diversity, equity, and inclusion (DE&I) in the automotive industry
The need for cultural transformation in the auto industry
The importance of cultural, racial, and generational diversity
Challenges in achieving representation for women and minorities, particularly in leadership roles
Importance of providing equal opportunities for all candidates
The urgency of dispelling industry stereotypes to attract diverse talent
Challenges in collecting accurate demographic data
Debunking the notion of hiring based solely on merit
Integrating DEI into core business goals and practices
Featured: Cheryl Thompson
What she does: In her role as the founder and CEO of the Center for Automotive Diversity, Inclusion & Advancement (CADIA), Cheryl Thompson champions diversity, equity, and inclusion within the automotive industry. With over 30 years of experience in various leadership roles at Ford Motor Company and American Axle, Cheryl brings expertise in manufacturing, operations, and global leadership to her work.
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Preparing leaders for the future in the automotive industry.
Check out our podcast THE AUTOMOTIVE LEADERS Podcast where we interview some of the finest leadership minds on the planet.
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