Dei dominates the conversations among CEOs

There are three Buzzwords among politicians and business leaders during the annual meeting of the World Economic Forum in Davos, Switzerland: diversity, equality and inclusiveness.

It is no surprise that Dei is in the minds of managers, since it is also paramount in the White House.

“My government took action to abolish all discriminatory nonsense in the field of diversity, equality and inclusiveness,” said President Donald Trump on Thursday during a virtual performance in Davos. “America will again become a merit -based country.”

Trump signed an executive order on which he referred to his first working day The dismantling of the diversity and inclusion programs of the federal government. The written order only applies to employers at the federal government, but in his comments in Davos he also mentioned the expansion of his implementation order to private institutions.

After his executive order, his government did that too Targeted positive action in federal contracts And instructed all the federal dei staff to put paid leave.

On the site in Davos, Dei has been the subject of conversations, both in public and behind closed doors, where discussions were about, among other things, the possibility of omitting the common acronym and changing external communication on certain policy.

Most managers who spoke with CNBC during the first four days of the top repeated that, although the language can change and the internal policy can be adjusted, the business values ​​will remain the same.

This is what managers had to say:

“We will continue to reach the black community and the Spanish-speaking community, the LGBT community and the veterans community. … wherever I go – red states, blue states – mayors and governors say they like what we do. So we are not trying to admit on any side or thing any thing. If you point out something that we do that is wrong, I would change it. And we will make changes in the future, but we are very proud of what we have done, and what we have done is lifting cities, schools, states, hospitals, countries, companies, and we are going to do more of the same. “

“For Nasdaq we really continue to look at everything we do when building the right culture. We believe that a place where we feel that people can be themselves and can operate on their highest potential, and where diversity of views and diversity exists. From backgrounds, actually makes us a better company and ensures that we perform better. So we will continue to operate that way. And I think these things will eventually come and go with different political cycles at the same time, I believe there is an undercurrent that remains supportive. “

“People on our platform come from all layers of the population, with all kinds of different backgrounds, and that is why we are very focused on how we stimulate inclusiveness on our platform with things like inclusive AI, with things like ‘Diversity Standard’ in our feed. .. we are not [changing anything]The reason for this is that we have seen that it actually leads to better involvement. There is a question from the consumer and it is good for our company. “

“I think what happened is that there is a number of initiatives under the Dei brand that mainly hated us. And I think the whole thing was blown up as a result … if I am in a room to try to solve a complex problem or to pursue a big chance, I want many different brains in that room, and I don’t care if it is gender, whether it is nationality, or whether it is just diversity in experience Diversity is generally good for business I think it was a handful of problems that really brought about this. “

“I think that diversity is something great in business. How do I know? Because I look at the data, I look at the facts. If we have various teams, our teams are more productive. We run less risk. We are I think I think that companies and managers who actually understand its importance are actually able to surpass those who do not have different teams, diverse in the work they do, in the products they make this will benefit this in the long term The markets they serve … We will have to navigate through this, and certain laws may have to be changed, but people will do the right thing. “

“We are active in an incredibly competitive and fast-evolving AI industry, and I have no choice but to hire the best, brilliant and most capable people for each individual job within my company. So as a result we have no choice but to be meritocratic … and we achieve diversity. “