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Return on Equality contributes to a company’s return on investment
You know the return on investment (ROI) – but what about the return on equality? Todd Sears of Out Leadership explains how a company can improve its bottom line. Improve your bottom line by paying off debt by starting with free credit 7-Step Credit Card Debt Reduction Here.
Todd Sears’ Return on Equality
Out Leadership is dedicated to inspiring the world’s leading companies to adopt inclusive policies and champion LGBTQ leadership and equality. So how can the LGBT community and our allies support those companies that use their power for good and embrace diversity as a core business value?
Todd Sears is a recovering investment banker turned LGBTQ equality entrepreneur. He founded Out Leadership in 2011 with the intent of mobilizing LGBTQ leaders as a business voice and helping organizations realize the benefits of inclusion or return on equality. Todd founded Wall Street’s first financial advisory team focused on the gay community and led groundbreaking equality initiatives for Merrill Lynch and Credit Suisse. He serves on the nonprofit boards of the Williams Institute, Palette Fund, Global Equality Fund and Lambda Legal.
Today, Todd offers insight into the three pillars of Out Leadership – Business, Talent and Equity. He talks about the slow progress when it comes to LGBTQ leadership at the CEO level of Fortune 500 companies and the changing perception that being gay is an advantage in the workplace. Todd walks us through Out Leadership’s global initiatives and shares the details of OutNEXT, OutWOMEN and Quorum, as well as their inclusion diagnostic tool OL-iQ. Hear Todd’s take on limiting beliefs in the LGBTQ community and how we can ensure that companies that are truly committed to inclusion are rewarded with a bottom line return on equality.
Learn more about Todd Sears and Return on Equality:
Topics covered at Return on Equality
The idea of returning to equality
- Equality as a core value impacts the bottom line
- Guiding principle of Out Leadership
The increasing visibility of visible LGBTQ role models
- Few Fortune 500 CEOs (age, low turnover)
- Significant LGBT leadership a level deeper
Out Leadership’s OutNEXT program
- First-class training for young managers
- Understanding gay perspective (e.g. empathy)
The limiting beliefs in the LGBTQ community
- Discrimination can lead to internalized homophobia
- Some go beyond their expectations to “make up” for being gay.
- Role models have to tell stories
Out Leadership’s global initiatives
- Started with “Out on the Street & Out in Law.”
- Added OutNEXT, OutWOMEN and Quorum
The challenge of cultural change
- Lack of federal leadership
- It takes time for structural change
How to reward companies that support equality
- HRC Buyers Guide for Equality
- Support corporate policies for LGBT engagement
The strengths and weaknesses of the HRC Corporate Equality Index
- The biggest single factor that contributed to the change in company policy
- Only one metric measures politics, NOT culture
Out leadership’s OL-iQ
- Private diagnostic tool for measuring LGBT inclusion
- Specific, tactical action points for improvement
The Power of the Allied Marketplace
- Eight to ten times the size of the LGBT market
- Spending decisions based on inclusive policies
Todd’s advice for young LGBTQ leaders
- Benefits of being outside at work
- More people want to support you than not
Contact Todd about Returns on Equality
Resources for returning to equality
We are David and John Auten-Schneider, the Debt Free Guys and host of the Queer money® Podcast. We help queer people (and allies) live fabulous and non-fabulous broke lives by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs, and 3) save and invest for retirement.