At BNY Mellon, our business is managing, growing and preserving assets. We don’t leave asset performance to chance. That’s why we apply the same rigor and focus to our best assets: our people. We’re after building the best global team, which means attracting, advancing and advocating for a workforce that is representative of the diverse talent in our communities.
Over the course of my career, I’ve witnessed the power of diversity and inclusion, resulting in both organizations and individuals thriving. As we transform our company, positioning ourselves to be successful in a digital world, we have to look at every aspect of our organization and ask ourselves what we need to change today to get where we want to be tomorrow. We have to look at our teams and challenge ourselves to make the right decisions that will ensure we have the diversity of thought, backgrounds and experiences we need to continue to grow, outperform our competitors and deliver extraordinary experiences for our people and clients. Those companies that are able to harness diversity and inclusion – to think differently, to learn and adapt quickly, to create uncommon solutions – will be able to turn today’s challenges into tomorrow’s game-changing opportunities.
Why is this important? There are numerous studies revealing diversity and inclusion’s positive impact on financial performance. Following the evidence, from a macro to micro view, we know:
We will not get smarter, work better, produce the best results possible, and grow without intentionally diversifying our workforce to benefit from varied educational backgrounds and training, cross-industry professional experiences, wide-ranging perspectives and problem solving from different angles.
Inclusion is the key to driving performance advantage. Diversity is only part of the equation. Saying we value diverse perspectives doesn’t do us any good if we are not also deliberate about unlocking the power of our diversity. We must encourage and support our people to make their differences matter and create an environment where everyone feels safe and empowered to make their voices heard.
The greatest value is the freedom to be yourself. BNY Mellon is committed to creating a diverse and inclusive workforce and workplace. And, to get this right, it’s important that we do this together.
It’s been more than 230 years since Alexander Hamilton founded our company. By many measures, we are at the top of our game. But, we know staying a leader for generations to come depends on winning the war on talent and continuing to make smart decisions and investments in our people. If you don’t already know us, we hope you’ll take some time to explore what we have to offer. We look forward to working with you.
Read about Yau Cheng, Global Head of Diversity & Inclusion
1McKinsey Global Institute, The Power of Parity, September 2015
2McKinsey, Delivering through Diversity, January 2018
3Boston Consulting Company, How Diverse Leadership Teams Boost Innovation, January 2018
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