Question

Explain Hubbar's Diversity return on investment analysis model.

Answer 1

It is a multi step process for messuring, analysing, interpreting and reporting progress. It links strategic organizational objectives and work process flow to diversity performance and key impact matrics.measuring return on investment is a key strategic requirement to demonstrate its contribution to organizational performance.

Dr. Edward E. Hubbard is president and CEO of Hubbard and Hubbard, an international organization and human performance consulting corporation that specializes in techniques for applied business performance improvement l, Diversity Return on Investment measurement and analytics, instructional design and strategic organizational development. He is expert in field of strategic diversity ROI measurement and he written 45 books and created the Hubbard Diversity ROI methodology. It evaluates a diversity program using seven levels to domenstrate whether the program is creditable or not.

This model keeps the process manageable so that users can tackle one issue at a time. It also emphasizes that this logical, systematic process flows from consistency from one step to another. Applying this model provides consistency from one calculation to another.

This model includes initial analysis and planning, collecting and analysing data and isolating diversity. Measuring diversity is not simple an doing a few calculations with the valuable metrics. There are variety types of measurements employers for Diversity ROI. One ROI measurement is profit loss and another is internal metrics such as employee turnover and employee satisfaction.