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The topics and opinions expressed in the following show are
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solely those of the hosts and their guests and not
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those of W FOURCY Radio. It's employees are affiliates. We
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make no recommendations or endorsements for radio show programs, services,
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or products mentioned on air or on our web. No
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liability explicitor implies shall be extended to W FOURCY Radio
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or it's employees are affiliates. Any questions or comments should
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be directed to those show hosts. Thank you for choosing
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W FOURCY Radio.
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Welcome to Powerful Business Strategies, where you will find out
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that everything you have ever learned about growing your business
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is wrong. Finally, a show where you'll learn the right
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way to grow your business by learning business and financial
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strategies that your competition isn't doing. And now here's your host.
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President of Next Step CFO Michael Barbarita and joining Michael
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for today's show as an executive moderator is chooky Ovio.
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Yes, this is shooking, and I believe that gratitude is
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undefeated and growth is about the next step. It is
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an honor for me to moderate today's discussion with my
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good friend Michael.
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Michael how are you.
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Picchu little down because of the Buffalo Bills didn't win.
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It's not that I'm a Buffalo Bills fan. I just
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hate the Chiefs, so it's a little down about that.
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But I want to thank you for introducing me. My
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name is Michael baberta president of Next Step CFO, and
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next Step CFO is a fractional CFO and strategic implementation
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for them. Business owners hire us to double their profit
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through implementing business and financial strategies that their competition isn't doing.
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And our vision is to ensure that overwhelmed business owners
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achieve the time, freedom, and consistent profits to build a
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legacy and the life they desire. Our mission is dedicated
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to guiding small business owners to leveraging their time, exploding
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their profits, and building a meaningful legacy. The show Powerful
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Business Strategies in our book of the same name, is
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a step toward accomplishing that vision and mission. So with
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that like to hand it back to my co author
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and moderator for the show, Chicky Obia.
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Michael, thank you.
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So I'm really energized by today's episode. It's a two
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part episode. Diversity in business is a first component and
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then the second component, five critical steps to properly implement
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business strategy. Before we jump into this and really capture
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the insights that we've packed into today's episode, I just
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want to throw out a quick disclaimer. So, look, Michael
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and I were both affiliated with a number of different organizations,
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and I currently serve as the managing director of business
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Development for Veta Price, a global business focused law firm.
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In addition to that, it's truly an honor to collaborate
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with Michael to moderate business roundtables really coast to coast
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with small to medium sized business owners, and then we
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document the insights from those roundtables into our book called
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Powerful Business Strategies, which we are always revising and updating.
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But please note that the views expressed in the show
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today are our personal views based on those business success stories,
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and my mission as the Fearless moderator is to ask
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the right questions to help you, the listener, learn the
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best strategies that the competition isn't doing. With that, back
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over to.
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Michael, Thank you to Key. So here's something that I'd
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like to share. You know, if you have a business
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problem that you'd like us to answer. Our business question
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or a strategy that you'd like us to ask about.
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Please email us at ask at NEXTSTEPCFO dot net. That's
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ask at NEXTTEPCFO dot net. It doesn't matter what the
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business problem is or the question, and we will answer
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it for you. But there are a couple of things
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that we do ask Number one, please state whether it
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is something we can answer on the air or if
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it is confidential, and of course if it's confidential, we
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won't put it on the air. And number two, please
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provide your phone number because business problems can be complex,
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as you probably know, and we might need more context
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or clarity. So that email address again is ask at
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NEXTSTEPCFO dot net. And I want to point out that
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we had a couple but they requested confidentiality, which we
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will always honor. And so today I'd like to take
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a moment to acknowledge the profound impact business owners have
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on our society. You are the invisible force that powers
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our communities forward every morning, every single morning, when a
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city comes to life, it's because of you. The coffee
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shop where neighbors connect, the manufacturing plant providing stable jobs
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to families, the innovative tech firm solving tomorrow's problems. These
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all exist because someone like you had the courage to
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turn an idea into reality. Not just creating products or services,
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you're creating the foundation of our communities. Every paycheck you
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write helps a family thrive. Every tax dollar you generate
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builds our schools and paves our roads. Every innovation you
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bring to market moves society forward. When economic times get tough,
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You're the ones will find ways to keep your employees working,
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often putting your own needs on the side. Your impact
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goes far beyond the bottom line. You're the first to
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sponsor the local Little League teams, support community events, and
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step up during crisis. You're teaching the next generation that
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was hard work and determination that they too can shape
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their own destiny. Destiny. Never doubt your importance. You are
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the backbone of our economy, the heart of communities, and
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the spark that ignites progress. Society needs your entrepreneurial spirit
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now more than ever. I'm so excited to be interviewing
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our guests today with the expertise and the fascinating topic
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of diversity. Doctor James o' rogers has practiced diversity management
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in an enterprise performance discipline for over thirty five years.
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His colleagues recognize him as one of the leading strategists
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and the number one thought leader in the field of
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diversity management, and he is known as the diversity Coach,
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a prolific writer and thought leader. Doctor Rogers' seminal works
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on diversity management have guarded him global acclaim or resentating
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with audiences across continents. His books, including Managing Differently, Getting
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from one hundred percent of Your People one hundred percent
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of the Time, and Diversity Training That Generates Real Change,
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serve as cornerstones in NBA courses and organizational transformation initiatives.
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Distinguished by his pragmatic approach and business centric focus, Doctor
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Rogers stands at the vanguard of diversity management strategy. He
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emphasizes simplicity, pragmatism, outcome orientation, efficacy, and sustainability by marrying
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sound management principles with nuanced diversity initiatives. His expert navigation
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of complex organizational landscapes underscores his unparalleled understanding of executive
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needs and business imperatives, and in addition to his current
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role as the executive coach to C suite executives, Doctor
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Rogers serves as a doctor as a director of the
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Executive Academy of itSMF. His mission is to prepare leaders
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of color for a changing world. His value to aspiring
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leaders is based on his executive career, his work as
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a trusted advisor over three hundred senior leadership teams, and
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his role as board leader for several high profile nonprofits.
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We are honored to have doctor Rogers, Doctor James Rogers,
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Doctor Rogers, welcome to the show.
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Well, thank you, Michael, and thank you Chokey. It's delightful
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to be here.
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Thank you. And so I mean, please start off doctor
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Rogers by asking what is shape your understanding and approach
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to diversity management.
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Well, first of all, it's important to understand that I'm
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a former corporate executive. I'm an engineer by training. I'm
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a very practical guy. So I didn't get into the
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diversity space because of any social agenda or any political
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point of view. I got into it because I knew
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that it was a way to help businesses to prosper.
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Enterprise performance is my platform, That's what I'm all about. Fortunately,
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I met as soon as I left Corporate America, I
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met the father of the diversity movement, doctor Roosevelt Thomas.
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He became a friend and my mentor, and we worked
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on the philosophy behind diversity management. He called it managing diversity.
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I flipped the switch and called it diversity management, and
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we basically worked on that and was very, very successful.
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In the early years. Over two hundred and fifty executives
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endorsed the work. It's only in the last twenty five
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or so years that the movement has gotten hijacked and
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the language it's gotten co opted. So what we were
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working on is hardly recognizable today because remember that I
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work on diversity management. I am not a DEI advocate
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or a DEI consultant. I work on diversity management, which
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is a business discipline. So what has shaped my view
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is experience seeing that it worked and being involved being
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a pioneer in helping to craft or to shape the
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discipline so that it is a great benefit to businesses
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of all sizes.
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By the way, really intriguing, Doctor Rogers.
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So it's very interesting, right, A large portion of our audience,
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Doctor Rodgers, are business owners, and I think they will
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really resonate with the fact that you mentioned you're practical,
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like you take a pragmatic approach, so you make this
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point about a discipline. Here's a question, what is the
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current states of diversity management as a discipline and is
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that term still relevant today?
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I think it is, but it has to be elevated
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and voices like mine have to be positioned. So that's
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why I appreciate talking on shows like yours. The unfortunate
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thing is we live in a society where people engage
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in meme adoption, emmy meme adoption. In other words, they
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just follow what the ladies. Somebody said something and they
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latch onto it without thinking. And that is the current
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state of the diversity movement. I use that general term.
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The diversity movement has been co opted and hijacked by
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that so that it no longer even resembles call doctor
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Thomas and I originally started and which was, like I said,
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endorsed by the majority of the business community. So it's
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in a bad shape right now. A lot of my
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young colleagues say, oh, isn't it awful that THEI is
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about to die? I say, for you, this is the
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first time. For me, it's the sixth time I have
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seen the die six times, and it dies because people
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lose sight of the intent and the value that it
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brings and the social value will never be sustainable. Doing
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it because of the George Floyd incident is not sustainable.
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That's not a good reason to have a business discipline.
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It is a good reason if you can see that
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I make more money, I reduce my costs, I improve
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my cycle times, I get better EBITDA. You know, all
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of those business measures improve when I have frontline teams
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that work seamlessly together, even when they're made up of
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diverse composition.
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That's right. And doctor Rogers, what new initiatives are you
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using to navigate changes in this field? Well, one of the.
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Things that I'm trying to do in order to interrupt
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the current conversation because we have to find a way
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to break the old habit is I remember why we
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started it in the first place. While we started diversity
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management in the first place was in reaction to a
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new fact of life. The Husson study said that by
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the year two thousand, the majority of the new entrants
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to our workforce would be non what I call non
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traditional workers. They would be people of color, and women
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and immigrants and openly gay people and all of those
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different categories which we were not used to at the time.
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So the purpose of diversity managements to say, here's a
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new reality, you're not used to it, let me help
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you get ready for it. And it's called diversity management
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of reason. It's not called diversity leadership, and it's not
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called diversity equity and inclusion. It's called diversity management because
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it's intended to help you manage a new reality which
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is increasing diversity. So one of the things that I'm
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working on now is we are at another inflection point.
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And that inflection point is not only do we have
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different types of humans in the workplace, we are now
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going to be joined by non humans AI agents, machines, robots.
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I've just been listening to Mark Binioff who's saying stuff
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like he invented it. I put this out there a
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year ago. But the new workforce is going to be
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made up of sentient and non sentient beings. You're going
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to be working right next to an AI agent that's
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going to be answering questions for you. You're going to
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be working right next to a robot who is doing routine,
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mundane things that you don't have to do anymore. And
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you've got to learn to manage your enterprise with those
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new entities as well as all of the human diversity
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that's there. So I'm trying to move us beyond this
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incessant argument about different types of human beings, and let's
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settle on the fact that all humans are one thing.
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We are human, We are sentient. We have the same
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needs and the same obligations and the same wants as
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each other. So all the differences that we make about
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each other need to become irrelevant. Why because we've got
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new players in the marketplace and they are non sentient beings.
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Doctor Rogers, I want to pick up on that point.
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We have new players in the marketplace.
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The business owners and the business leaders that listen to
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the show are always interested in trends like where are
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we headed? So in that frame, I want to ask
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you a question based on that. So, what are the
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trends that give insights to the direction of d and I, Well, the.
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Trends, of course is that DEEI the latest version is dying.
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Affirmative action family has at his death and most people say, oh,
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ain't it awful? And I say, well, why is it awful?