Welcome To The Element Of Inclusion
Feb. 21, 2023

The Dirty Secret of Inclusion Work: The Principal Agent Problem

The Dirty Secret of Inclusion Work: The Principal Agent Problem

Chief Diversity Officers are committed to building Inclusion Find out why some organisations makes this impossible Here’s some key topics covered from this episode: - How a simple Economics principle explains your Diversity problems at work - How...

Chief Diversity Officers are committed to building Inclusion

Find out why some organisations makes this impossible

Here’s some key topics covered from this episode:

- How a simple Economics principle explains your Diversity problems at work

- How Grifters are able to repeatedly scam organisations

- Why Chief Diversity Officers are fixated on the wrong numbers

Play the episode for more

Here’s some key takeaways from this episode: 

Principal Agent Problem is caused by conflict of interests

“It’s a “bait and switch”.  They get Promised one thing. But they  get something different.”

Principal Agent Problem is caused by asymmetric information

“There’s asymmetric information. The Organisation doesn’t actually know what it takes to create inclusion”

Sometimes the Principal is a bad actor.. sometimes it’s the agent

“They are one of the Grifters I often talk about. They know that it’s easy to get people to buy into short term outcomes”

Check out these resources and related episodes of the show.

The Huge Advantage You Have If Inclusion Is NOT Part of Your Day Job

The Scam of the Century: How Chief Diversity Officers Are Let Down

Demand for Chief Diversity Officers Is High. So Is Turnover.

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