In Canada, our leadership team is more than 60 per cent female, with diverse backgrounds across the entire team. Your commitment must shine through in everything you do.
Give your employees meaningful benefits, such as work-life balance programs, diversity and inclusion awards, an open and collaborative workspace, employee resource groups to share like-minded experiences, goals and values.
Highlight how the organization values and directs diversity efforts to drive new business, fuel innovation and attract and retain top talent.
He also announced that HP would donate $100,000 to #FreeTheBid, an initiative aimed at increasing the number of female directors in advertising by pledging one in three competitive bids will go to a female director. Our global legal leadership team launched a “diversity holdback” requirement that allows HP to withhold up to 10 per cent of all amounts invoiced by our law-firm partners for so long as the firm fails to maintain diverse staffing in our legal matters.
In today's fast-paced environment, a "do-it-alone" approach is not the best strategy for growth. Companies that initially grew organically need to look for new ways to drive collaborative innovation that delivers on what their customers need today – and in the future.
Businesses can broaden their relevance and increase their addressable market; customers benefit from the strengths and offerings each organization brings to the table; and employees can expand their development opportunities by being exposed to new perspectives and expertise.
Plus, deepening ties between complementary businesses fosters collaboration and longevity, and allows companies to offer services and solutions that help their customers and other businesses become more successful.
Since we separated from eBay as an independently listed company in 2015, we have been focused on forging partnerships with leaders across the financial and technology industries to expand our services, increase conversion for our merchants, create better experiences and give our consumers the flexibility, security and speed that digital payments offer.
The reality of today's business landscape, however, means that partnerships are key to better serving customers by merging talent, expertise, technology and purpose. While the rewards are great, strategic partnerships require thoughtful consideration to ensure success is achieved.
For employees, think outside the box to find unexpected expertise. Could your finance team bring unexpected insight to a financial product you are developing? For business to business relations, do you share customers with other businesses? What issues do your shared customers face? Can you work together to achieve common success? Sometimes the best ideas come from combined solutions from different perspectives.
We saw that our existing customers lacked a seamless payment and shipping solution and were wasting precious hours that could have been spent growing their business. In Canada Post, we found the best partner to launch a convenient, easy-to-use shipping and payment solution for small businesses that saves time and money.
The partnership was built on that fact that we both shared a common goal of helping small businesses grow their operations and harness e-commerce as part of their business strategy. Throughout the partnership, we kept this shared goal as our North Star, and our employees were motivated and excited to create an experience that would positively affect our customers.
Every person and every business has unique strengths, so honing your partnership strategy to play to those strengths will let you shine. It's rewarding to see how doing so generates functional and creative solutions. We regularly partner with teams internally across geographies to learn from their expertise and apply key learnings to our own market.
The Toronto Parking Authority team excelled in understanding everything to do with parking and we brought expertise in providing a seamless mobile payment experience and marketing skills to drive increased usage.
For external partnerships, in-person meetings can go a long way in developing a solid working rapport. Open and effective channels of communication between members of the partnership or alliance will ensure there are no misaligned expectations between parties.