In an effort to maximize the competitive advantages a diverse workforce provides, and better serve our increasingly diverse markets, John Hancock's The Diversity Advantage, is designed to build an enterprise-wide infrastructure for coordinating and leveraging the many diversity-related efforts that already exist, while championing new ones.
This initiative is based on a foundation of programs and efforts throughout the organization, ranging from John Hancock Financial Network's multilingual recruitment and marketing material, to Community Relations' JH Scholars and Boston Marathon Kenya Project, as well as our commitment to Supplier Diversity and John Hancock Realty Advisors' efforts in financing 17,313 units in of affordable housing in the Boston area and other parts of the country.
"John Hancock has always been committed to diversity," says Diana Scott, Senior Vice President, U.S. Human Resources. "The Diversity Advantage enables us to harness the incredible energy and commitment that our various business units and administrative groups devote to this issue. Through this coordinated effort, we share best practices, focus our resources across the organization, and make sure we position the company to make the most of the opportunity presented by the growing diversity of our population."
"Today's landscape - in the markets we serve, the workforce from which we draw our talent, and the distributors and other companies we partner with - is changing in so many ways," says Scott. "It's generational, it's gender, and it's cultural. In order to remain competitive, it is crucial that we understand and respond to these dynamics, and make the issue of diversity a business imperative."
As Scott points out, the demographics of the U.S. population are indeed shifting dramatically:
John Hancock's The Diversity Advantage is led by a steering committee and several subcommittees composed of employees from throughout the company. The steering committees and its subcommittees are charged with fostering new programs and integrating the impressive array of diversity-related initiatives in place to better serve our changing markets, including:
"The Diversity Advantage committee looks to coordinate and promote these initiatives, while actively identifying and developing new ones," explains Scott.
John Hancock is already recognized as a leader in championing the value of diversity, and opening opportunities for all. The company has won awards from the National Society of Hispanic MBAs, the Boston AIDS Action Committee, the Advertising Club of Boston, Urban League, and Women's Institute for Housing, the Minority Corporate Counsel Association, the Boston Idea Group, and Black & White Boston Coming Together, for the company's efforts to promote diversity.