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The Business Case For Diversity: Why DEI Is Essential For Success, With Malobi Achike – Above the Law


Diversity,
Equity,
and
Inclusion
(DEI)
initiatives
often
spark
heated
debate,
but
their
importance
in
today’s
workplace
is
undeniable.
In
a
thought-provoking
episode
of

Notes
to
My
(Legal)
Self
,”
Malobi
Achike,
CEO
and
founder
of
DEI
Directive,
discusses
how
DEI
isn’t
just
a
moral
imperative

it’s
a
business
necessity.


From
addressing
professional
trauma
to
leveraging
technology
for
better
outcomes,
Malobi
offers
actionable
insights
for
companies
and
individuals
alike.
Here’s
a
closer
look
at
the
highlights
from
this
enlightening
conversation.


The
Origin
Story:
From
Corporate
Frustration
To
DEI
Directive


Malobi’s
journey
began
in
corporate
America,
where
she
witnessed
firsthand
the
systemic
challenges
and
professional
trauma
many
employees
faced.
Her
turning
point
came
during
the
early
days
of
the
pandemic,
following
the
murder
of
George
Floyd.
The
corporate
response

a
sea
of
black
social
media
tiles

felt
insufficient
to
her.



“I
asked
myself,
what
can
organizations
do
better?
And
how
can
I
help
them
do
that
better?”


That
question
led
to
the
creation
of
DEI
Directive,
a
tech
platform
designed
to
empower
HR
professionals
with
data-driven
tools
to
foster
inclusivity.


Professional
Trauma:
The
Hidden
Cost
Of
Inequality


Malobi
highlights
the
subtle
and
not-so-subtle
inequities
that
can
create
lasting
professional
trauma.
From
inconsistencies
in
promotions
to
disparities
in
how
misconduct
is
addressed,
employees
often
feel
the
brunt
of
these
systemic
failures.



“I’ve
seen
people
navigate
situations
where
their
contributions
are
undervalued
or
overlooked

and
it
takes
a
toll.”


Building
trust
within
an
organization
is
key,
she
explains.
Employees
must
feel
confident
that
HR
will
advocate
for
fairness,
not
just
the
company’s
bottom
line.


DEI
Misconceptions:
Myths
That
Hold
Us
Back


Malobi
addresses
some
common
myths
surrounding
DEI:


  • DEI
    means
    hiring
    unqualified
    candidates.


    DEI
    isn’t
    about
    lowering
    standards.
    It’s
    about
    expanding
    access
    and
    opportunity
    to
    qualified
    individuals
    who’ve
    historically
    been
    excluded.

  •  
    DEI
    is
    just
    about
    ethics.


    While
    ethics
    play
    a
    role,
    DEI
    has
    a
    proven
    business
    case.
    Diverse
    teams
    drive
    innovation,
    employee
    engagement,
    and
    better
    financial
    performance.

  • DEI
    only
    benefits
    minority
    groups.


    In
    reality,
    DEI
    initiatives
    improve
    workplace
    culture
    for
    everyone
    by
    fostering
    fairness,
    collaboration,
    and
    a
    sense
    of
    belonging.


The
Business
Case:
Diversity
As
A
Competitive
Advantage


Malobi
cites
compelling
research
to
underline
why
DEI
isn’t
optional:


  • Companies
    in
    the
    top
    quartile
    for
    racial
    diversity
    outperform
    those
    in
    the
    bottom
    quartile
    by

    36%.

  • Gender-diverse
    companies
    see
    a

    25%

    performance
    boost.

  • Employees
    who
    feel
    they
    belong
    are
    more
    engaged,
    productive,
    and
    likely
    to
    stay.



“When
employees
feel
valued
and
included,
their
contributions
drive
the
company
forward.
DEI
is
simply
good
for
business.”


Leveraging
Technology
For
DEI
Success


Malobi
emphasizes
the
role
of
technology
in
measuring
and
improving
DEI
outcomes.
Organizations
must
gather

quantitative
data

(e.g.,
demographics,
representation
at
different
levels)
and

qualitative
data

(e.g.,
employee
sentiment)
to
truly
understand
their
current
state
and
where
they
need
to
go.



“You
can’t
change
what
you
don’t
measure.
Data
is
the
foundation
for
meaningful
DEI
progress.”


Key
metrics
include
representation
across
leadership
levels,
pay
equity,
and
employee
perceptions
of
inclusion
and
belonging.


What
Happens
If
You
Ignore
DEI?


The
risks
of
sidelining
DEI
efforts
are
significant:


  • Talent
    Loss.


    Companies
    that
    fail
    to
    build
    inclusive
    cultures
    struggle
    to
    attract
    and
    retain
    top
    talent.

  • Innovation
    Stagnation.


    Homogeneous
    teams
    are
    less
    likely
    to
    challenge
    ideas
    or
    drive
    breakthroughs.

  • Market
    Irrelevance.


    As
    the
    world
    becomes
    increasingly
    global,
    companies
    that
    don’t
    embrace
    diversity
    risk
    falling
    behind.


Malobi
likens
ignoring
DEI
to
being
Blockbuster
in
the
age
of
Netflix:



“Which
company
do
we
still
recognize
today?”


Practical
Steps
For
Leaders


  • Start
    Where
    You
    Are.


    Whether
    you’re
    a
    CEO
    or
    an
    individual
    contributor,
    small
    actions

    like
    recommending
    diverse
    speakers
    or
    mentoring
    colleagues

    can
    make
    a
    big
    impact.

  • Be
    Honest
    About
    Data.


    Use
    technology
    to
    assess
    your
    organization’s
    DEI
    state
    and
    identify
    gaps.

  • Commit
    to
    Change.


    Roadblocks
    are
    inevitable,
    but
    persistence
    is
    key.
    Doing
    nothing
    is
    not
    an
    option.


A
Vision
For
The
Future


Malobi
believes
that
creating
a
culture
of
inclusion
isn’t
just
about
meeting
quotas

it’s
about
building
workplaces
where
everyone
feels
they
belong.



“When
employees
thrive,
companies
thrive.
DEI
isn’t
a
nice-to-have;
it’s
a
must-have
for
any
organization
that
wants
to
succeed
in
today’s
world.”


For
more
insights
and
actionable
strategies,
watch
the
full
episode
of

Notes
to
My
(Legal)
Self
.”


(
P.S.:

Divers
ity

starts
with
the
small
steps

sometimes
as
simple
as
stepping
into
someone
else’s
shoes.
)




Olga MackOlga
V.
Mack



is
a
Fellow
at
CodeX,
The
Stanford
Center
for
Legal
Informatics,
and
a
Generative
AI
Editor
at
law.MIT.
Olga
embraces
legal
innovation
and
had
dedicated
her
career
to
improving
and
shaping
the
future
of
law.
She
is
convinced
that
the
legal
profession
will
emerge
even
stronger,
more
resilient,
and
more
inclusive
than
before
by
embracing
technology.
Olga
is
also
an
award-winning
general
counsel,
operations
professional,
startup
advisor,
public
speaker,
adjunct
professor,
and
entrepreneur.
She
authored 
Get
on
Board:
Earning
Your
Ticket
to
a
Corporate
Board
Seat
Fundamentals
of
Smart
Contract
Security
,
and  
Blockchain
Value:
Transforming
Business
Models,
Society,
and
Communities
. She
is
working
on
three
books:



Visual
IQ
for
Lawyers
(ABA
2024), The
Rise
of
Product
Lawyers:
An
Analytical
Framework
to
Systematically
Advise
Your
Clients
Throughout
the
Product
Lifecycle
(Globe
Law
and
Business
2024),
and
Legal
Operations
in
the
Age
of
AI
and
Data
(Globe
Law
and
Business
2024).
You
can
follow
Olga
on




LinkedIn



and
Twitter
@olgavmack.