Executive fairness committees (EFCs), also called executive diversity councils, are advisory councils tasked with co-developing and overseeing a company’s workplace fairness strategy. While their scope may seem limited to fairness and inclusion, they are valuable assets in driving success across a range of business functions. When integrated into a broader company strategy, EFCs provide several important resources business leaders can use to succeed in fairness and organizational operations.
READ: Best Practices for Operating Effective Executive Diversity Councils
Leveraging Unique Perspectives
At 90% of Fair360 Top 10 companies, the CEO chairs the executive fairness committee. The committees at these companies have equal representation for both men and women. Nearly half of committee members at Top 10 companies are people of color. This setup gives a platform to a host of diverse voices who can liaise directly with organizational leadership.
