Monday, August 23, 2021

Equity Explained: What It Is and How to Create It at Your Organization

 Increasingly, equity is finding its way into conversations, organizations, and acronyms across the world.

The term DE&I may be new in corporate spaces, but the concept of equity has deep roots, and forward-thinking organizations are beginning to factor it into their people practices and systems.


But there’s a lot of noise, and many misconceptions about what equity means, and how it applies to organizations. 


How is equity different from equality?

Often we conflate or confuse the terms equity and equality.


While equality assumes that all people have access to the same advantages and opportunities, equity acknowledges that individuals have varying degrees of access to resources and opportunities and seeks to distribute resources accordingly to achieve equal results.


Put simply, while equality is about sameness, equity is about fairness.


And—most importantly—while equality is aspirational, equity is actionable.

https://neuroleadership.com/your-brain-at-work/equity-explained/

Citation: Neuroleadership.com

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