Business Case Development & Change Rationale
A business case drawn from your organization’s unique issues and strengths sends a powerful message about your commitment to diversity and inclusion and helps educate stakeholders about D&I’s importance to overall business success. Many companies develop business cases by determining the profit-increases and cost-reductions associated with improving diversity and inclusion. Others emphasize the relationship between people and sustainability, and coordinate this effort with corporate responsibility and ESG (environment, social, and governance) reporting, focusing on a triple bottom line.
The best business cases are based on solid organizational evidence and trend analyses of your corporate landscape: your workforce profile and labor pool, your competitors and marketplace, your supply chain, and your customers, clients, and communities. Together, these elements determine the ways in which diversity and inclusion matters to your enterprise. Additionally, such business cases reflect the values of the organization’s personnel, helping them to align their everyday actions with inspirational ideals that benefit individuals, the organization, and communities. These cases are dynamic, changing as the business and social context changes.
Catalyst can help you define or improve your business case through analysis and discussion focused on your organization and relevant external data and trends.