[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:01.90,0:00:05.97,Default,,0000,0000,0000,,Fifteen years ago, I thought\Nthat the diversity stuff
Dialogue: 0,0:00:05.97,0:00:08.72,Default,,0000,0000,0000,,was not something I had to worry about.
Dialogue: 0,0:00:08.72,0:00:13.19,Default,,0000,0000,0000,,It was something an older\Ngeneration had to fight for.
Dialogue: 0,0:00:13.19,0:00:16.92,Default,,0000,0000,0000,,In my university,\Nwe were 50-50, male-female,
Dialogue: 0,0:00:16.92,0:00:19.100,Default,,0000,0000,0000,,and we women had often better grades.
Dialogue: 0,0:00:19.100,0:00:23.21,Default,,0000,0000,0000,,So while not everything was perfect,
Dialogue: 0,0:00:23.21,0:00:25.76,Default,,0000,0000,0000,,diversity and leadership decisions
Dialogue: 0,0:00:25.76,0:00:27.92,Default,,0000,0000,0000,,was something that would happen naturally
Dialogue: 0,0:00:27.92,0:00:30.94,Default,,0000,0000,0000,,over time, right?
Dialogue: 0,0:00:30.94,0:00:33.42,Default,,0000,0000,0000,,Well, not quite.
Dialogue: 0,0:00:33.42,0:00:36.25,Default,,0000,0000,0000,,While moving up the ladder\Nworking as a management consultant
Dialogue: 0,0:00:36.25,0:00:38.35,Default,,0000,0000,0000,,across Europe and the US,
Dialogue: 0,0:00:38.35,0:00:40.55,Default,,0000,0000,0000,,I started to realize how often
Dialogue: 0,0:00:40.55,0:00:43.15,Default,,0000,0000,0000,,I was the only woman in the room
Dialogue: 0,0:00:43.15,0:00:47.69,Default,,0000,0000,0000,,and how homogenous leadership still is.
Dialogue: 0,0:00:47.69,0:00:49.71,Default,,0000,0000,0000,,Many leaders I met
Dialogue: 0,0:00:49.71,0:00:54.80,Default,,0000,0000,0000,,saw diversity as something to comply with\Nout of political correctness,
Dialogue: 0,0:00:54.80,0:00:57.98,Default,,0000,0000,0000,,or, best case, the right thing to do,
Dialogue: 0,0:00:57.98,0:01:00.55,Default,,0000,0000,0000,,but not as a business priority.
Dialogue: 0,0:01:00.55,0:01:02.89,Default,,0000,0000,0000,,They just did not have a reason to believe
Dialogue: 0,0:01:02.89,0:01:07.100,Default,,0000,0000,0000,,that diversity would help them achieve\Ntheir most immediate, pressing goals:
Dialogue: 0,0:01:07.100,0:01:10.99,Default,,0000,0000,0000,,hitting the numbers,\Ndelivering the new product,
Dialogue: 0,0:01:10.99,0:01:14.74,Default,,0000,0000,0000,,the real goals they are measured by.
Dialogue: 0,0:01:14.74,0:01:18.15,Default,,0000,0000,0000,,My personal experience\Nworking with diverse teams
Dialogue: 0,0:01:18.15,0:01:22.05,Default,,0000,0000,0000,,had been that while they require\Na little bit more effort at the beginning,
Dialogue: 0,0:01:22.05,0:01:26.31,Default,,0000,0000,0000,,they did bring fresher,\Nmore creative ideas.
Dialogue: 0,0:01:26.31,0:01:28.28,Default,,0000,0000,0000,,So I wanted to know:
Dialogue: 0,0:01:28.28,0:01:31.85,Default,,0000,0000,0000,,are diverse organizations\Nreally more innovative,
Dialogue: 0,0:01:31.85,0:01:36.57,Default,,0000,0000,0000,,and can diversity be more\Nthan something to comply with?
Dialogue: 0,0:01:36.57,0:01:39.30,Default,,0000,0000,0000,,Can it be a real competitive advantage?
Dialogue: 0,0:01:40.61,0:01:45.67,Default,,0000,0000,0000,,So to find out, we set up a study\Nwith the Technical University of Munich.
Dialogue: 0,0:01:45.67,0:01:48.62,Default,,0000,0000,0000,,We surveyed 171 companies
Dialogue: 0,0:01:48.62,0:01:50.83,Default,,0000,0000,0000,,in Germany, Austria, and Switzerland,
Dialogue: 0,0:01:50.83,0:01:53.87,Default,,0000,0000,0000,,and as we speak, we're expanding the study
Dialogue: 0,0:01:53.87,0:01:56.66,Default,,0000,0000,0000,,to 1,600 companies
Dialogue: 0,0:01:56.66,0:02:00.04,Default,,0000,0000,0000,,in five additional countries\Naround the world.
Dialogue: 0,0:02:00.04,0:02:03.08,Default,,0000,0000,0000,,We asked those companies\Nbasically two things:
Dialogue: 0,0:02:03.08,0:02:07.10,Default,,0000,0000,0000,,how innovative they are,\Nand how diverse they are.
Dialogue: 0,0:02:07.10,0:02:08.56,Default,,0000,0000,0000,,To measure the first one,
Dialogue: 0,0:02:08.56,0:02:12.20,Default,,0000,0000,0000,,we asked them about innovation revenue.
Dialogue: 0,0:02:12.20,0:02:14.42,Default,,0000,0000,0000,,Innovation revenue is the share\Nof revenues they've made
Dialogue: 0,0:02:14.42,0:02:17.94,Default,,0000,0000,0000,,from new products and services\Nin the last three years,
Dialogue: 0,0:02:17.94,0:02:21.28,Default,,0000,0000,0000,,meaning we did not ask them\Nhow many creative ideas they have,
Dialogue: 0,0:02:21.28,0:02:24.100,Default,,0000,0000,0000,,but rather if these ideas\Ntranslate into products and services
Dialogue: 0,0:02:24.100,0:02:29.23,Default,,0000,0000,0000,,that really make the company\Nmore successful today and tomorrow.
Dialogue: 0,0:02:29.23,0:02:34.56,Default,,0000,0000,0000,,To measure diversity, we looked\Nat six different factors:
Dialogue: 0,0:02:34.56,0:02:39.62,Default,,0000,0000,0000,,country of origin, age\Nand gender, amongst others.
Dialogue: 0,0:02:39.62,0:02:42.75,Default,,0000,0000,0000,,While preparing to go in the field\Nwith those questions,
Dialogue: 0,0:02:42.75,0:02:44.81,Default,,0000,0000,0000,,I sat down with my team
Dialogue: 0,0:02:44.81,0:02:49.27,Default,,0000,0000,0000,,and we discussed what\Nwe would expect as a result.
Dialogue: 0,0:02:49.27,0:02:52.89,Default,,0000,0000,0000,,To put it mildly, we were not optimistic.
Dialogue: 0,0:02:52.89,0:02:55.26,Default,,0000,0000,0000,,The most skeptic on the team thought,
Dialogue: 0,0:02:55.26,0:02:56.78,Default,,0000,0000,0000,,or saw a real possibility,
Dialogue: 0,0:02:56.78,0:02:59.35,Default,,0000,0000,0000,,that we would find nothing at all.
Dialogue: 0,0:03:00.66,0:03:02.97,Default,,0000,0000,0000,,Most of the team was rather\Non the cautious side,
Dialogue: 0,0:03:02.97,0:03:06.89,Default,,0000,0000,0000,,so we landed all together at only if,
Dialogue: 0,0:03:06.89,0:03:08.89,Default,,0000,0000,0000,,meaning that we might find\Nsome kind of link
Dialogue: 0,0:03:08.89,0:03:11.47,Default,,0000,0000,0000,,between innovation and diversity,
Dialogue: 0,0:03:11.47,0:03:13.21,Default,,0000,0000,0000,,but not across the board,
Dialogue: 0,0:03:13.21,0:03:16.42,Default,,0000,0000,0000,,rather only if certain criteria are met,
Dialogue: 0,0:03:16.42,0:03:18.93,Default,,0000,0000,0000,,for example leadership style,
Dialogue: 0,0:03:18.93,0:03:21.75,Default,,0000,0000,0000,,very open leadership style\Nthat allowed people
Dialogue: 0,0:03:21.75,0:03:25.69,Default,,0000,0000,0000,,to speak up freely and safely\Nand contribute.
Dialogue: 0,0:03:26.54,0:03:29.02,Default,,0000,0000,0000,,A couple of months later,\Nthe data came in,
Dialogue: 0,0:03:29.02,0:03:34.90,Default,,0000,0000,0000,,and the results, the results convinced\Nthe most skeptical amongst us.
Dialogue: 0,0:03:34.90,0:03:37.32,Default,,0000,0000,0000,,The answer was a clear yes,
Dialogue: 0,0:03:37.32,0:03:39.12,Default,,0000,0000,0000,,no ifs, no buts.
Dialogue: 0,0:03:39.12,0:03:41.30,Default,,0000,0000,0000,,The data in our sample showed
Dialogue: 0,0:03:41.30,0:03:47.40,Default,,0000,0000,0000,,that more diverse companies\Nare simply more innovative, period.
Dialogue: 0,0:03:47.40,0:03:52.41,Default,,0000,0000,0000,,Now, a fair question to ask\Nis the chicken or the egg question,
Dialogue: 0,0:03:52.41,0:03:55.85,Default,,0000,0000,0000,,meaning, are companies\Nreally more innovative
Dialogue: 0,0:03:55.85,0:03:58.55,Default,,0000,0000,0000,,because they have\Na more diverse leadership,
Dialogue: 0,0:03:58.55,0:04:01.59,Default,,0000,0000,0000,,or the other way around? Which way is it?
Dialogue: 0,0:04:01.59,0:04:06.13,Default,,0000,0000,0000,,Now, we do not know how much\Nis correlation versus causation,
Dialogue: 0,0:04:06.13,0:04:09.14,Default,,0000,0000,0000,,but what we do know is that clearly,
Dialogue: 0,0:04:09.14,0:04:12.35,Default,,0000,0000,0000,,in our sample, companies\Nthat are more diverse
Dialogue: 0,0:04:12.35,0:04:14.03,Default,,0000,0000,0000,,are more innovative,
Dialogue: 0,0:04:14.03,0:04:16.78,Default,,0000,0000,0000,,and that companies\Nthat are more innovative
Dialogue: 0,0:04:16.78,0:04:18.50,Default,,0000,0000,0000,,have a more diverse leadership too.
Dialogue: 0,0:04:18.50,0:04:21.13,Default,,0000,0000,0000,,So it's fair to assume\Nthat it works both ways,
Dialogue: 0,0:04:21.13,0:04:23.32,Default,,0000,0000,0000,,diversity driving innovation
Dialogue: 0,0:04:23.32,0:04:27.67,Default,,0000,0000,0000,,and innovation driving diversity.
Dialogue: 0,0:04:27.67,0:04:30.65,Default,,0000,0000,0000,,Now, once we published the results,
Dialogue: 0,0:04:30.65,0:04:32.75,Default,,0000,0000,0000,,we were surprised
Dialogue: 0,0:04:32.75,0:04:34.92,Default,,0000,0000,0000,,about the reactions in the media.
Dialogue: 0,0:04:34.92,0:04:37.96,Default,,0000,0000,0000,,we got quite some attention,
Dialogue: 0,0:04:37.96,0:04:40.55,Default,,0000,0000,0000,,and it went from quite factual,
Dialogue: 0,0:04:40.55,0:04:44.55,Default,,0000,0000,0000,,like "Higher Female Share\NBoost Innovation"
Dialogue: 0,0:04:44.55,0:04:47.88,Default,,0000,0000,0000,,to a little bit more sensationalist.
Dialogue: 0,0:04:47.88,0:04:50.17,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:04:50.17,0:04:51.79,Default,,0000,0000,0000,,As you can see,
Dialogue: 0,0:04:51.79,0:04:54.60,Default,,0000,0000,0000,,"Stay-at-home Women Cost Trillions,"
Dialogue: 0,0:04:54.60,0:04:56.60,Default,,0000,0000,0000,,and, my personal favorite,
Dialogue: 0,0:04:56.60,0:04:58.99,Default,,0000,0000,0000,,"Housewives Kill Innovation."
Dialogue: 0,0:04:58.99,0:05:02.12,Default,,0000,0000,0000,,Well, there's no such thing\Nas bad publicity, right?
Dialogue: 0,0:05:02.12,0:05:04.39,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:05:04.39,0:05:06.46,Default,,0000,0000,0000,,On the back of that coverage,
Dialogue: 0,0:05:06.46,0:05:09.82,Default,,0000,0000,0000,,we started to get calls\Nfrom senior executives
Dialogue: 0,0:05:09.82,0:05:11.64,Default,,0000,0000,0000,,wanting to understand more,
Dialogue: 0,0:05:11.64,0:05:15.96,Default,,0000,0000,0000,,especially, surprise surprise,\Nabout gender diversity.
Dialogue: 0,0:05:15.96,0:05:20.04,Default,,0000,0000,0000,,I tend to open up\Nthose discussions by asking,
Dialogue: 0,0:05:20.04,0:05:24.25,Default,,0000,0000,0000,,"Well, what do you think of the situation\Nin your organization today?"
Dialogue: 0,0:05:24.25,0:05:27.18,Default,,0000,0000,0000,,And a frequent reaction to that is,
Dialogue: 0,0:05:27.18,0:05:31.53,Default,,0000,0000,0000,,"Well, we're not yet there,\Nbut we're not that bad."
Dialogue: 0,0:05:31.53,0:05:33.70,Default,,0000,0000,0000,,One executive told me, for example,
Dialogue: 0,0:05:33.70,0:05:35.16,Default,,0000,0000,0000,,"Oh, we're not that bad.
Dialogue: 0,0:05:35.16,0:05:38.41,Default,,0000,0000,0000,,We have one member\Nin our board who is a woman."
Dialogue: 0,0:05:38.41,0:05:39.42,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:05:39.42,0:05:40.79,Default,,0000,0000,0000,,And you laugh --
Dialogue: 0,0:05:40.79,0:05:43.32,Default,,0000,0000,0000,,(Applause)
Dialogue: 0,0:05:46.87,0:05:50.44,Default,,0000,0000,0000,,Now, you laugh, but he had a point\Nin being proud about it,
Dialogue: 0,0:05:50.44,0:05:52.01,Default,,0000,0000,0000,,because in Germany,
Dialogue: 0,0:05:52.01,0:05:56.32,Default,,0000,0000,0000,,if you have a company and it has\None member on the board
Dialogue: 0,0:05:56.32,0:05:57.72,Default,,0000,0000,0000,,who is a woman,
Dialogue: 0,0:05:57.72,0:05:59.72,Default,,0000,0000,0000,,you are part of a select group of 30
Dialogue: 0,0:05:59.72,0:06:03.40,Default,,0000,0000,0000,,out of the 100 largest\Npublicly listed companies.
Dialogue: 0,0:06:03.40,0:06:09.03,Default,,0000,0000,0000,,The other 70 companies\Nhave an all-male board,
Dialogue: 0,0:06:09.03,0:06:12.43,Default,,0000,0000,0000,,and not even one of these hundred\Nlargest publicly listed companies
Dialogue: 0,0:06:12.43,0:06:17.10,Default,,0000,0000,0000,,have, as of today, a female CEO.
Dialogue: 0,0:06:17.10,0:06:20.50,Default,,0000,0000,0000,,But here's the critically\Nimportant insight.
Dialogue: 0,0:06:20.50,0:06:24.37,Default,,0000,0000,0000,,Those few female board members alone,
Dialogue: 0,0:06:24.37,0:06:26.54,Default,,0000,0000,0000,,they won't make a difference.
Dialogue: 0,0:06:26.54,0:06:31.46,Default,,0000,0000,0000,,Our data shows that for gender diversity\Nto have an impact on innovation,
Dialogue: 0,0:06:31.46,0:06:35.73,Default,,0000,0000,0000,,you need to have more\Nthan 20 percent women in leadership.
Dialogue: 0,0:06:35.73,0:06:38.65,Default,,0000,0000,0000,,Let's have a look at the numbers.
Dialogue: 0,0:06:38.65,0:06:42.59,Default,,0000,0000,0000,,As you can see, we divided\Nthe sample into three groups,
Dialogue: 0,0:06:42.59,0:06:45.57,Default,,0000,0000,0000,,and the results are quite dramatic.
Dialogue: 0,0:06:45.57,0:06:50.29,Default,,0000,0000,0000,,Only in the group where you have\Nmore than 20 percent women in leadership,
Dialogue: 0,0:06:50.29,0:06:55.07,Default,,0000,0000,0000,,only then you see a clear jump\Nin innovation revenue
Dialogue: 0,0:06:55.07,0:06:57.76,Default,,0000,0000,0000,,to above-average levels.
Dialogue: 0,0:06:57.76,0:07:01.72,Default,,0000,0000,0000,,So experience and data shows\Nthat you do need critical mass
Dialogue: 0,0:07:01.72,0:07:03.38,Default,,0000,0000,0000,,to move the needle,
Dialogue: 0,0:07:03.38,0:07:06.66,Default,,0000,0000,0000,,and companies like Alibaba,\NJP Morgan, or Apple
Dialogue: 0,0:07:06.66,0:07:12.23,Default,,0000,0000,0000,,has of today already\Nachieved that threshold.
Dialogue: 0,0:07:12.23,0:07:15.90,Default,,0000,0000,0000,,Another reaction I got quite a lot was,
Dialogue: 0,0:07:15.90,0:07:19.95,Default,,0000,0000,0000,,"Well, it will get solved over time."
Dialogue: 0,0:07:20.45,0:07:23.75,Default,,0000,0000,0000,,And I have all the sympathy in the world\Nfor that point of view,
Dialogue: 0,0:07:23.75,0:07:26.92,Default,,0000,0000,0000,,because I used to think like that too.
Dialogue: 0,0:07:26.92,0:07:30.27,Default,,0000,0000,0000,,Now, let's have a look here again,
Dialogue: 0,0:07:30.27,0:07:31.51,Default,,0000,0000,0000,,and look at the numbers,
Dialogue: 0,0:07:31.51,0:07:32.42,Default,,0000,0000,0000,,taking Germany as an example.
Dialogue: 0,0:07:32.42,0:07:34.64,Default,,0000,0000,0000,,Let me first give you the good news.
Dialogue: 0,0:07:34.64,0:07:37.48,Default,,0000,0000,0000,,So the share of women\Nwho are college graduates
Dialogue: 0,0:07:37.48,0:07:40.65,Default,,0000,0000,0000,,and have at least 10 years\Nof professional experience
Dialogue: 0,0:07:40.65,0:07:44.29,Default,,0000,0000,0000,,has grown nicely over the last 20 years,
Dialogue: 0,0:07:44.29,0:07:47.95,Default,,0000,0000,0000,,which means the pool in which\Nto fish for female leaders
Dialogue: 0,0:07:47.95,0:07:50.28,Default,,0000,0000,0000,,has increased over time,
Dialogue: 0,0:07:50.28,0:07:51.88,Default,,0000,0000,0000,,and that's great.
Dialogue: 0,0:07:51.88,0:07:55.13,Default,,0000,0000,0000,,Now, according to my old theory,
Dialogue: 0,0:07:55.13,0:07:57.58,Default,,0000,0000,0000,,the share of women in leadership\Nwould have grown
Dialogue: 0,0:07:57.58,0:08:00.22,Default,,0000,0000,0000,,more or less in parallel, right?
Dialogue: 0,0:08:00.22,0:08:03.70,Default,,0000,0000,0000,,Now, let's have a look\Nat what happened in reality.
Dialogue: 0,0:08:03.70,0:08:06.34,Default,,0000,0000,0000,,It's not even close,
Dialogue: 0,0:08:06.34,0:08:10.86,Default,,0000,0000,0000,,which means I was so wrong,
Dialogue: 0,0:08:10.86,0:08:13.82,Default,,0000,0000,0000,,and which means that my generation,
Dialogue: 0,0:08:13.82,0:08:15.91,Default,,0000,0000,0000,,your generation,
Dialogue: 0,0:08:15.91,0:08:20.80,Default,,0000,0000,0000,,the best-educated\Nfemale generation in history,
Dialogue: 0,0:08:20.80,0:08:22.39,Default,,0000,0000,0000,,we have just not made it.
Dialogue: 0,0:08:22.39,0:08:24.90,Default,,0000,0000,0000,,We have failed to achieve leadership\Nin significant numbers.
Dialogue: 0,0:08:24.90,0:08:29.73,Default,,0000,0000,0000,,Education just did not\Ntranslate into leadership.
Dialogue: 0,0:08:30.78,0:08:34.29,Default,,0000,0000,0000,,Now, that was a painful realization for me
Dialogue: 0,0:08:34.29,0:08:36.65,Default,,0000,0000,0000,,and made me realize,
Dialogue: 0,0:08:36.65,0:08:38.72,Default,,0000,0000,0000,,if we want to change this,
Dialogue: 0,0:08:38.72,0:08:42.39,Default,,0000,0000,0000,,we need to engage\Nand we need to do better.
Dialogue: 0,0:08:42.39,0:08:45.69,Default,,0000,0000,0000,,Now, what to do?
Dialogue: 0,0:08:45.69,0:08:49.29,Default,,0000,0000,0000,,Achieving more than 20 percent\Nwomen in leadership
Dialogue: 0,0:08:49.29,0:08:51.100,Default,,0000,0000,0000,,seems like a daunting task to many,
Dialogue: 0,0:08:51.100,0:08:54.94,Default,,0000,0000,0000,,understandably given the track record.
Dialogue: 0,0:08:54.94,0:08:56.93,Default,,0000,0000,0000,,But it's doable,
Dialogue: 0,0:08:56.93,0:09:00.26,Default,,0000,0000,0000,,and there are many companies today\Nthat are making progress there
Dialogue: 0,0:09:00.26,0:09:01.56,Default,,0000,0000,0000,,and doing it successfully.
Dialogue: 0,0:09:01.56,0:09:05.03,Default,,0000,0000,0000,,Let's take SAP, the software\Ncompany, as an example.
Dialogue: 0,0:09:05.03,0:09:09.88,Default,,0000,0000,0000,,They had, in 2011, 19 percent\Nwomen in leadership,
Dialogue: 0,0:09:09.88,0:09:11.59,Default,,0000,0000,0000,,yet they decided to do better,
Dialogue: 0,0:09:11.59,0:09:14.72,Default,,0000,0000,0000,,and they did what you do\Nin any other area of business
Dialogue: 0,0:09:14.72,0:09:16.28,Default,,0000,0000,0000,,where you want to improve.
Dialogue: 0,0:09:16.28,0:09:19.92,Default,,0000,0000,0000,,They set themselves a measurable target.
Dialogue: 0,0:09:19.92,0:09:24.61,Default,,0000,0000,0000,,So they set themselves a target\Nof 25 percent for 2017,
Dialogue: 0,0:09:24.61,0:09:27.39,Default,,0000,0000,0000,,which they just have achieved.
Dialogue: 0,0:09:27.39,0:09:30.73,Default,,0000,0000,0000,,The goals made them think more creatively\Nabout developing leaders
Dialogue: 0,0:09:30.73,0:09:33.44,Default,,0000,0000,0000,,and tapping new recruiting pools.
Dialogue: 0,0:09:33.44,0:09:38.82,Default,,0000,0000,0000,,They now even set a target of 30 percent\Nwomen in leadership for 2022.
Dialogue: 0,0:09:38.82,0:09:41.26,Default,,0000,0000,0000,,So experience shows it's doable,
Dialogue: 0,0:09:41.26,0:09:42.92,Default,,0000,0000,0000,,and at the end of the day,
Dialogue: 0,0:09:42.92,0:09:47.39,Default,,0000,0000,0000,,it all boils down to two decisions\Nthat are taken every day
Dialogue: 0,0:09:47.39,0:09:49.32,Default,,0000,0000,0000,,in every organization by many of us:
Dialogue: 0,0:09:49.32,0:09:56.41,Default,,0000,0000,0000,,who to hire, and who\Nto develop and promote?
Dialogue: 0,0:09:56.41,0:09:59.78,Default,,0000,0000,0000,,Now, nothing against women's programs,
Dialogue: 0,0:09:59.78,0:10:01.31,Default,,0000,0000,0000,,networks, mentoring, trainings.
Dialogue: 0,0:10:01.31,0:10:03.50,Default,,0000,0000,0000,,All is good.
Dialogue: 0,0:10:03.50,0:10:05.89,Default,,0000,0000,0000,,But it is these two decisions
Dialogue: 0,0:10:05.89,0:10:07.25,Default,,0000,0000,0000,,that at the end of the day
Dialogue: 0,0:10:07.25,0:10:09.59,Default,,0000,0000,0000,,send the most powerful chain signal
Dialogue: 0,0:10:09.59,0:10:13.33,Default,,0000,0000,0000,,in any organization.
Dialogue: 0,0:10:13.33,0:10:16.58,Default,,0000,0000,0000,,Now, I never set out to be\Na diversity advocate.
Dialogue: 0,0:10:16.58,0:10:18.99,Default,,0000,0000,0000,,I am a business advisor.
Dialogue: 0,0:10:18.99,0:10:24.06,Default,,0000,0000,0000,,But now, now my goal\Nis to change the face of leadership,
Dialogue: 0,0:10:24.06,0:10:26.39,Default,,0000,0000,0000,,to make it more diverse,
Dialogue: 0,0:10:26.39,0:10:28.93,Default,,0000,0000,0000,,and not so that leaders can check a box
Dialogue: 0,0:10:28.93,0:10:31.98,Default,,0000,0000,0000,,and feel like they have\Ncomplied with something
Dialogue: 0,0:10:31.98,0:10:34.56,Default,,0000,0000,0000,,or they have been politically correct,
Dialogue: 0,0:10:34.56,0:10:36.49,Default,,0000,0000,0000,,but because they understand,
Dialogue: 0,0:10:36.49,0:10:40.53,Default,,0000,0000,0000,,they understand that diversity\Nis making their organization
Dialogue: 0,0:10:40.53,0:10:42.06,Default,,0000,0000,0000,,more innovative, better,
Dialogue: 0,0:10:42.06,0:10:45.76,Default,,0000,0000,0000,,and by embracing diversity,\Nby embracing diverse talent,
Dialogue: 0,0:10:45.76,0:10:48.75,Default,,0000,0000,0000,,we are providing\Ntrue opportunity for everyone.
Dialogue: 0,0:10:48.75,0:10:49.95,Default,,0000,0000,0000,,Thank you.
Dialogue: 0,0:10:49.95,0:10:51.25,Default,,0000,0000,0000,,Thank you so much.
Dialogue: 0,0:10:51.25,0:10:52.82,Default,,0000,0000,0000,,(Applause)