11 diversity & inclusion august 25, 2015. 22 overview diversity and inclusion are an integral...
TRANSCRIPT
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Overview
Diversity and inclusion are an integral part of our business.
It’s essential that you know:• The Basics• Why It Matters• Keys To Success• Who’s Leading The Way• Our Progress• Our 2009 Plans• How You Can Help• Available Resources
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Diversity & Inclusion:The Basics
• Race• Ethnicity• Gender• Socioeconomic status• Background• Life experiences• People w/disabilities
• Country/region of origin• Language• Work style• Education• Functional area of
expertise• Sexual orientation
What is Diversity?It is the uniqueness that each of us brings to theworkplace, including:
At Tyco, diversity means more than differences in race, ethnicity and gender.
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Diversity & Inclusion:The Basics
What is inclusion?Creating an environment where everyone feels respected and appreciated – so we can individually and collectively do our best work.
Inclusion makes us feel welcome and supported in the workplace.
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Diversity & Inclusion:The Basics
How do diversity and inclusion work together?Diversity and inclusion go hand in hand. Differences bring about creativity and innovation. Being accepting and supportive of those differences is just as important.
Through diversity, we access the best people; through inclusion we inspire the best in our people.
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Diversity & Inclusion:The Basics
Why is diversity and inclusion a priority at Tyco?It’s necessary for us to develop as individuals and as a team. A diverse workforce and an inclusive culture will help us achieve our business goals and serve as a competitive advantage for our company.
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Diversity & Inclusion:Why It Matters
It supports our values.
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Can you model any of these values without fostering diversity and inclusion?
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Diversity & Inclusion:Why It Matters
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It enables the achievement of our business goals.• Market Leadership: As we grow globally, a diverse
workforce and inclusive culture help ensure our competitive advantage in existing and new markets.
• Technology & Innovation: A diverse workforce and inclusive culture spurs innovation. It challenges our way of thinking, serves as a catalyst for new ideas and considers different perspectives – which encourages the development of new, products and services.
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Diversity & Inclusion:Why It Matters
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It enables the achievement of our business goals.• Operational Excellence: Improving processes requires
cross-business and cross-functional collaboration and creative problem-solving. Accepting unique perspectives and experiences is necessary to reach consensus and develop solutions.
• Talent Development: We must attract and retain talented individuals and work as an empowered team to understand and meet ever-changing business and customer needs.
• Customer Focus: Managing employee, customer and shareholder expectations requires diverse management skills.
D&I Mission: We will grow our business through an inclusive environment that values and develops a diverse workforce.
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Diversity & Inclusion:Why It Matters
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Is it any wonder why business leaders value D&I?
Inclusion influences employee engagement which in turn affects company performance.Over a one-year period, companies with highly engaged employees enjoyed…
– 19% increase in operating income
– 28% increase in earnings per share
But for those with low engagement levels…– 32% drop in operating income
– 11% drop in earnings per share -0,04-0,11
19.213.7
27.8
-32.7-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
Companies with high employee engagement
Companies with low employee engagement
12-month change in operating income
12-month net income growth rate
12-month earnings per share growth rate
2007 Towers Perrin Global Workforce Study
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Diversity & Inclusion:Why It Matters
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Through diversity, we'll attract the best people. Through inclusion, we’ll inspire the best in our people.
It makes Tyco a better place to work.
Different styles, perspectives and approaches work together.
The diversity of our communities
(internal and external) is reflected.
We’re inspired to contribute fully.
We feel supported and able to reach our full potential.
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Diversity & Inclusion: Keys To Success
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Diversity and inclusion are essential to building stronger teams and achieving our goals.
• Diversity and inclusion is about our people coming together.
• It supports our Values and enables the achievement of our business goals.
• It makes Tyco a better place to work.
• We are all accountable for promoting diversity and inclusion.
• We intend for diversity and inclusion to become part of the fabric of our culture.
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Diversity & Inclusion: Leading The Way
Tyco’s Diversity & Inclusion CouncilSince 2007, a global council of representatives from across Tyco has been promoting:
• Collaboration across boundaries• Problem resolution• Best practice sharing• Building partnerships• Regular reviews and updates w/the
senior management• Progress in all businesses/functions
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Diversity & Inclusion:Leading The Way
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Lydia G. MallettVice President, Staffing & Diversity Tyco International
Yasmine ZyneChief Labor and Employment Counsel Tyco International
Mike RyanVice President & General Manager, Life Safety Tyco Safety Products
Jason RabbinoVice President, Strategy ADT
Tracey PorterDirector, Human Resources, Talent Acquisition & Diversity Tyco Safety Products
Lara Nichols Sr. Director, IT Sourcing and Assets Tyco International
Edward KuraszVice President, Global Mechanical Division Allied Tube & Conduit
Julio HoenigsbergVice President, Sales & Business Development ADT – Latin America
Matthias Ernst Regional General Manager ADT – Central Europe
Bob Chauvin Vice President, Northern Operations SimplexGrinnell
Tony McGraw VP Western Region OperationsADT NA
Emmanuelle Dubu Vice President, Business Development Tyco Water Works
Dennis LynchVice President, Chief Counsel LitigationTyco International
Anil SinghChief Financial Officer, AsiaTyco Fire & Safety
George Oliver President, Tyco Safety Products Executive Sponsor, Tyco D&I Council
Christian CorradoDirector of Global LogisticsTyco International
Sam EldessoukyVP Assistant Controller, External Reporting, Finance Tyco International
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Diversity & Inclusion: Our Progress
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We started making it part of the fabric of our culture.
This year, diversity and inclusion efforts included:
• Enhanced leadership education• Integration into strategic planning• Clearer communication about the
benefits to our company
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Diversity & Inclusion: Our Progress
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Our purpose was to build awareness that:
Diversity
Impacts everyone!
Reaches out to all talent.
Is part of our value system.
Is a competitive advantage.
Inclusion
Requires everyone!
Needs everyone’s support.
Inspires better performance.
Makes Tyco a desirable workplace.
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Diversity & Inclusion: Our 2009 Plans
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This year, we’re focusing on inclusion: making it personal and part of our actions.
Our strategy for diversity and inclusion in 2009:
• Personalize the message• Get the D&I conversation started through education • Promote strategic leadership• Increase awareness, understanding
and involvement • Develop personal plans of action for
engaging employees about diversity and inclusion
• Continue measuring our progress
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Diversity & Inclusion: How You Can Help
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We’re all responsible for diversity and inclusion. Our actions should…
• Be free from bias and open to new approaches,perspectives and experiences.
• Make others feel welcome to present new ideas that promote innovation and collaboration.
• Inspire everyone– from colleagues to customers – to help us grow.
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Diversity & Inclusion: How You Can Help
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You also can be inclusive by:• Inviting a variety of people with different styles, positions,
ages and experiences when building a new team.• Broadening your personal network by reaching out
to employees from other communities.• Thinking about your personal biases. Do you usually
choose to work with people who are just like you?
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Diversity & Inclusion: How You Can Help
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We can make a vital difference by making the most of our differences.
Remember, it’s expected that we all:• Notice and address bias when we see it• Be respectful in all interactions – in person
or otherwise• Are not afraid to speak up and share ideas• Make it easy and comfortable for others
to share their viewpoints
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Diversity & Inclusion: Available Resources
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We can make a difference by making the most of our differences.
• Contact your manager with any questions about our diversity and inclusion efforts
• Contact our D&I council member
• Connect to information and training on our Intranet Site