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Thought Leadership

 Growth and Governance Hub

Work Culture Dynamics: Barriers to Inclusion in India
Yatharth Garg, Nikita, Jasmine Virhia

South Asia @ LSE, published 4 September 2023

Abstract 

With the highest population in the world, a steady and growing economy and a large labour force, India is an important economy on the global stage. Yet, a combination of factors — structural and societal — hinders an inclusive work culture and work force to the detriment of both her peoples and organisations. Yatharth Garg, Nikita and Jasmine Virhia examine the issue, and suggest short- and long-term initiatives that may help bring more inclusivity to the workplace. 

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Improving diversity and performance is easy to say but hard to do
Ken Mayhew

LSE Business Review, published 7 August 2023

Abstract

The arguments for a diversified workforce are clear. But more research is needed to capture the benefits of diversity for organisational performance. Ken Mayhew writes that if diversity is to enhance the performance of organisations, giving agency and voice to all employees is what matters. A key question is how widespread and strong voice and agency actually are in the modern labour market.

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The end of affirmative action will hurt business
Tamara Box

LSE Business Review, published 10 July 2023

Abstract 

The US Supreme Court’s decision to end affirmative action at universities doesn’t end there. Conservative voices are now taking aim at corporate diversity programs. Tamara Box writes that it will be more difficult to achieve racial diversity in companies and organisations, as the numbers of university‐educated people of colour will drop and the pool of talent from which to draw tomorrow’s leaders and workers will shrink significantly.

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Supporting Productivity with a ‘Remote-first’ Approach
Yolanda Grady, Dr Grace Lordan, Dr Jasmine Virhia

California Management Review, published 9 May 2023

The article discusses the effectiveness of adopting a “remote-first” approach to support productivity in organisations. It emphasizes the importance of maintaining collaboration, communication, and engagement among remote and hybrid teams. The authors highlight the challenges and benefits of remote work, including reduced commute times and increased flexibility. The piece also highlights the need for clear communication, reliable technology, and a focus on outcomes rather than micromanagement. It concludes by suggesting that a wellbalanced remote-first strategy can lead to improved productivity, job satisfaction, and overall success for both employees and organisations.

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Why we need to study the links between diversity and productivity
Giorgia Cecchinato

LSE Business Review

Abstract

Very little is known about the effects of diversity on both individuals’ and firms’ productivity. Research is needed to explore this relationship in the various dimensions of diversity, such as race, gender, age and others. Giorgia Cecchinato writes about the main topics that are driving the discussions on diversity, inclusion and productivity.

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Language diversity in the workplace can spur creativity and innovation
Teresa Almeida

LSE Business Review, published February 2023

Abstract

Our first language shapes how we think. Each one of us carries unique knowledge and different ways of dealing with complex problems. Bringing together people from diverse language backgrounds can spur creativity and innovation in the workplace. Teresa Almeida presents four actions to create a more inclusive work environment for people of all mother tongues.

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4 Day Work Week: boosting productivity and gender equality
Lucy Buchholz, Dr Grace Lordan

March8, published 19 November 2022

Abstract 

A hundred companies in the UK have switched the typical five-day work week to a four-day work week with no loss of pay. The companies participated in the 4 Day Week Campaign, hoping to change Britain’s approach to work.

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Why ending favouritism is the key to building a diverse workforce
Dr Grace Lordan

Financial Times, published 21 July 2022

Abstract

Can diversity bring better outcomes in business? The lazy answer is simply “yes”, given the question is so complicated. The truth is that diversity is linked to better business outcomes, particularly when the job involves innovation, creativity and the assessment of risk: think investment banking, asset management and venture capital. This article, and my wider work, focuses on diversity in these sectors and in professional services.

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It's time to consider the impact on teams of temporal aspects of diversity 
Paris Will, Frederick Herbert

LSE Business Review, published 23 November 2021

Abstract

It is a consensus that diversity is beneficial for organisations. But research on how diversity relates to each workplace outcome still contains mixed findings. One hypothesis states that positive and negative outcomes occur in parallel. Frederick Herbert and Paris Will discuss the empirical findings on the differential outcomes of diverse teams based on temporal dynamics and suggest ways to tailor initiatives better.

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If firms start measuring the gains of flexible working, women will benefit
Dr Grace Lordan 

LSE COVID-19 Blog, published 15 December 2020

Abstract

Financial services firms have regarded flexible working as an option for women struggling with family responsibilities. Now that it has become the norm, says Grace Lordan (LSE), they have an opportunity to measure whether it is cost-effective. Once men begin to see it as good for business, the penalty women pay for choosing flexible working will shrink.

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Diversity and inclusion: it’s a numbers game, but not the one most people think
Frederick Herbert

LSE Business Review Blog, published 20 November 2020

Abstract

If you were to ask a randomly selected member of the baby boomer generation what success looks like when it comes to diversity and inclusion, there’s a good chance you’d be told it was ‘representation’ (Smith, C.; Turner, S., 2015). In the representation paradigm the goal is simply about the head count – it is a numbers game. Each year a company should aim to increase the proportion of staff who aren’t white, heterosexual, neurotypical males so that their business becomes more representative. It seems an admirable enough first step to take, but there’s reason to think a focus on a different kind of number might be equally, if not more, important.

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The cyclical relationship between innovation and inclusion in the workplace
Paris Will

LSE Business Review Blog, published 14 October 2020

Abstract

Workplaces are constantly evolving in the modern-day world. As such, business leaders must be readily adaptable in responding to new situations and problems as they occur. This continual advancement can cause a shift in the focus of an organisation’s business goals. Two areas that have seen recent prolonged interest within organisations are: innovation, and diversity and inclusion (D&I).

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Moving from cheap talk to action: the case of diversity and inclusion
Teresa Almeida, Dr Grace Lordan

LSE Business Review Blog, published 30 June 2020

Abstract

It is easy to talk about caring about diversity and inclusion. In fact, it would be hard to find a professional worker these days who would declare that they did not in public. It is also far too easy to write policies that are not enforced and make promises for change that go unfulfilled. This makes it all the more important to separate the leaders that take action from those that only talk about taking action. How can this be done?

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COVID-19 makes inclusion a strategic imperative for companies and investors
Lutfey Siddiqi

LSE Business Review Blog, published 9 June 2020

Abstract

To quote Singapore’s senior minister Tharman Shanmugaratnam from his national address last month, “the future begins now”. That future will be dramatically different not only for governments and individuals but also for big business and big finance. A silver lining to the devastation of COVID-19 could be the onset of a new era for both stakeholder capitalism and sustainable investing.

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