At BIE we are committed to creating a voice that raises the profile of social mobility as a key consideration within the executive search market. Our belief is that social mobility drives diverse hiring and helps our clients create more inclusive teams.
While delivering visibly diverse shortlists goes some way to changing the agenda, partnering with our clients, we prefer to challenge and encourage the consideration of talent from wider socioeconomic backgrounds.
Doing this increases equal opportunity for all and creates leadership teams with diversity of thought that drive results and innovation.
The results are there for all to see:
- A BCG study found that companies with more diverse management teams have 19% higher revenues due to innovation.
- Providing opportunities for individuals from lower socio-economic groups gives companies access to a larger pool of potential talent – 39% of the UK workforce aged 16-plus are working class, according to Social Mobility Commission data.
Ensuring our consulting teams are educated and able to consult with clients on how social mobility can drive diversity, inclusion and business results is a core part of our internal training and education.