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Unlocking Long-Term Sustainability With a Culture That Drives Innovation and Gender Diversity
Abstract
A company's long-term sustainability relies on its ability to innovate, as well as attract and retain a diverse workforce; however, traditional talent management strategies hinder both diversity and innovation. Instead of fostering progress, they reinforce the status quo, restrict upward mobility, and promote a “don't rock the boat” culture—discouraging disruption even when necessary. This chapter argues that corporate and academic organizations must first undergo a cultural shift to achieve true innovation and workforce diversity. This shift requires embracing innovation while challenging the unwritten barriers to advancement. The chapter presents strategies for driving this transformation through a strategic, innovative approach to the talent management lifecycle, with emphasis on talent development, adaptive leadership, succession planning, and data-driven practices.
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