By Lynn Pearcey, MBA, Copywriter, AIA Contract Documents
May 29, 2024
DEI: three initials that have received an immense amount of attention in recent years, and as the nation’s demographics continue to shift, chances are they’ll see even more. The prominence of DEI is especially true in workplaces, letting go of paradigms in their hiring practices and embracing the reality that diversity, equity, and inclusion will play a pivotal role in their success. Industries that were able to disregard this truth are now waking up to the reality that to remain competitive, there must be an investment.
This pattern of exclusion includes the construction industry, a sector with historically marginal hiring practices relating to women and minorities, the two groups most impacted by DEI initiatives. For a construction firm, settling on this reality is only half of the battle. The next phase is building a program that embodies core DEI ideals and principles, while integrating these four strategies.
Conclusion
DEI is an important strategic initiative that every construction firm should embrace. With the changing demographics of the workforce pool, building programs that respect their presence and value their needs, is important. DEI matters now, but the programs contractors build today will matter more in the future as current leaders age into retirement. Infusing the programs into the corporate structure will help drive health growth trends, protect the brand, and allow the contractor maintain relevance with prospective clients.
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AIA Contract Documents has provided this article for general informational purposes only. The information provided is not legal opinion or legal advice and does not create an attorney-client relationship of any kind. This article is also not intended to provides guidance as to how project parties should interpret their specific contracts or resolve contract disputes, as those decisions will need to be made in consultation with legal counsel, insurance counsel, and other professionals, and based upon a multitude of factors.