Motley Fool Money - Diversity Is The First Step

Episode Date: June 16, 2020

What’s the key to unlocking your team’s potential? Jeff Weiner, longtime CEO of LinkedIn, shares key steps leaders can take to get the most out of a diverse team. Learn more about your ad choices. Visit megaphone.fm/adchoices

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And you can get unlimited expert help at no extra cost, even on nights and weekends during tax season. Visit turbotax.com to get matched with an expert today, only available with TurboTax full service experts. With the Motley Full Money Extra, I'm Chris Hill. We've spent a lot of talk in the business world lately about the importance and value of diversity. Jeff Weiner is the executive chairman of LinkedIn, and while he believes in the importance of diversity in the workplace, Weiner points out that company leaders need to take additional steps if they're truly interested in unlocking the potential of everyone on their team.

A focus on diversity can begin to ensure that you have the right representation amongst your employees that is a reflection of the people and the consumers and customers that you serve. So diversity is about making sure you have the right DNA within the company in terms of that broad cross-section of representation. Inclusion is making sure that once those people are at your company, once they're within the organization,

they're being invited to the right meetings, that they're around the table. Just because they're at the company doesn't necessarily mean They're making and informing some of the most important decisions, or they're being given access to the right information, and they have an opportunity to shape outcomes. So that's where inclusion becomes so important. And then belonging is ensuring that if they are sitting around the table,

that when they look up, they see and they hear other people like them, and they feel like they belong there, so they can have some peace of mind, and they can do their best work. At the end of May, Jeff Weiner stepped down as CEO of LinkedIn after more than a decade in the corner office. He's staying on as executive chairman, though. His focus? Increasing diversity and inclusion across LinkedIn's networks. I'm Chris Hill.

Thanks for listening. We'll see you next time.