A Diverse Workforce is a Better Workforce: Exploring Diversity & Inclusion in the Workplace

Conversations about diversity in the workplace often unfortunately boil down to a set of “labels” that address race, ethnicity, gender identity, sexual orientation, generation, physical ability, religious beliefs and other characteristics differentiating groups of people.


Historically, laws enacted to create equality in the workplace have focused on “checking off the boxes” beside each label instead of encouraging organizations to think more broadly about the importance of having a diverse workforce and the impact it can have on their success.


But the most successful companies are those that look beyond the labels and instead focus on creating a culture of inclusion. Cultivating a diverse organization for brand names like Nike, PwC and Target means bringing together people with multiple viewpoints and life experiences; encouraging employees and customers to embrace divergent thought and differing opinions; and ultimately establishing an inclusive environment that breeds better solutions for 21st century problems.


Today 180one explores the topics of embracing diversity and encouraging inclusion in the workplace. Keep reading about why a diverse workforce is a better workforce and ways you can promote inclusion through your hiring practices, leadership and more.


The Data Speaks for Itself

Most of us would agree that diversity and inclusion are smart to promote in the workplace, and recent studies from organizations such as Thomson Reuters and McKinsey clearly show that developing a culture around diversity and inclusion can have a positive impact on a company’s success.

Diversity Matters McKinsey Report

Moreover, the companies that make it onto DiversityInc’s Top 50 List, which assesses performance based on areas of diversity management such as equitable talent development and CEO/leadership commitment, consistently prove to be stock-market winners. The 2015 DiversityInc Top 50, for example, beat the S&P 500 and Dow Jones Industrial Average on a one-, three- and five-year basis, outperforming the S&P500 by 10% and the Dow Jones by 20% over five years. (Data for 2016 list not compiled at time this article was published) Embracing diversity and inclusion in the workplace is not only a best practice that all organizations should do but also gives them a competitive advantage and adds to the bottom line. So what can your organization do to begin addressing diversity and inclusion in your company? Below are four steps to get you started.



4 Steps to Start Promoting Diversity & Inclusion at Your Organization


Assess the Tone at the Top

Like with most institutional change, creating a culture of inclusion requires buy-in that must start at the top. Leaders need to embrace the global shift in how we understand diversity and inclusion and make creating an environment where diverse viewpoints are championed a value of your company. Moreover, recruiting diverse leaders for your executive team and board of directors not only creates new opportunities for innovation and solution-seeking but also sends the message to your employees that a support system exists for them across the entire organization.


Determine the Best Direction for Your Company & Culture

While your executive team must be on board to drive successful change, you also need to make sure that your organization as a whole can support the desired change. Before embarking on a major cultural shift, consider administering a survey to your employees to find out how they feel about and what they need in terms of diversity and inclusion, and use their feedback to inform how you move forward. Your company could also engage the expertise of an organizational development (OD) consultant to evaluate your company’s current state and design a plan to transform your culture into one that embraces diversity and inclusion. 


Don’t Treat Diversity & Inclusion as “One-Off” Initiatives

Promoting diversity and inclusion in the workplace is an ongoing process that needs to be continuously developed and evaluated in order to be effective. Trying to engage your company with a “one size fits all” approach to diversity and inclusion just won’t work.


Keep the conversation going by appointing task forces made up of executives, mid-level management and employees from all divisions to address inclusion needs and goals on a regular basis. Gather feedback from your organization’s members through surveys and round-tables and offer educational opportunities such as workshops and mentoring groups. These programs will encourage continued awareness of diversity and inclusion needs within your organization, as well as create environments in which your employees feel comfortable and equipped to express their viewpoints.


Continue the Conversation Outside of the Office

Engaging with your employees about diversity and inclusion doesn’t just need to take place at work. Participating in the community and supporting your employees in all of their activities demonstrates interest in what they think about and their individual points-of-view, which in turn helps to establish a culture of inclusion. This added level of support and encouragement can also help with recruiting; current employees are more likely to refer strong candidates if they feel welcomed and like their voices are heard at their organizations.


How are You Encouraging Diversity & Inclusion at Your Organization?

Of course, we know that diversity and inclusion are BIG topics that can’t be addressed in a single blogpost, but engaging others in conversation is the first step to building a more welcoming and equitable workplace.


How do you promote diversity and work to create an inclusive environment at your organization? What steps have you taken that have been helpful in determining if your organization is ready for and open to the discussion? We want to hear from you! Meet us over on LinkedIn to share your thoughts and continue the conversation.

By Christine Kennedy March 12, 2025
Corporate Development Manager About the Company Impel is a family of companies that offer comprehensive flow management solutions in partnership with each other and the best manufacturers in the world. Each of Impels branches represent individual brand cultures and span the West Coast. Impel serves customers in water, wastewater, agriculture, industrial, manufacturing, energy and mining. Impel was founded in 2021 with a vision to build a “one-stop shop” to serve municipal and industrial fluid management needs by acquiring complementary capabilities in contiguous geographies. The platform launched with the first acquisition of PumpTech , a premier distributor of high-quality pumping products and systems serving the Pacific Northwest. Subsequent acquisitions have grown Impel to over ten fluid management companies throughout the US. Impel is backed by Pike Street Capital , a private equity firm based in Seattle, WA. Recently, Pike Street successfully raised capital to fund additional acquisitions. Impel is actively pursuing growth opportunities and remains focused on acquiring and partnering with family-owned and operated companies in the sector. About the Role This is a key position managing the acquisition process within Impel. You will participate in all aspects of the investment process including industry/market research, deal origination, strategy and execution, and relationship building with acquisition target owners, executives, investment bankers and other intermediaries. This is a great role if you’re looking to own the deal process and progress your skillset as a deal professional. This role will give you deep insight into the entire acquisition process while closing multiple deals a year. We are a fairly lean team and believe in cross functional work so come with a growth mindset and you will develop a skillset across each business function; Our team believes in developing our team members. Primary Responsibilities Perform company analysis, including initial screenings, financial modeling and valuation, due diligence, consultation with external advisors, and preparation of materials for internal investment meetings. Responsible for M&A project management processes to include, but not limited to, valuations, letters of intent, due diligence analysis, financial planning, and business case development. Analysis of risks and opportunities of M&A activities, translate this into fact-based and well-reasoned insights on the valuation and structural impact of various acquisitions. Drive market research and strategic fit analysis. Conduct research on prospective sector opportunities and market trends and develop and present data-based opinions to inform decision-making and price transactions. Participate on deal teams to help structure and execute transactions, including coordinating the deal process and legal and transactional documentation. Special projects working directly with C suite, functional leads, and regional vice presidents. Qualifications 2-6 years experience in private equity, consulting, financial DD/QoE, investment banking, accounting, or corporate M&A Exposure to other diligence areas including commercial, operational, market sizing, risk analysis, customer and supplier, agreement review, etc. Excel and PowerPoint expertise Value oriented Strong communication skills Commitment to high professional standards Credentials: CPA preferred Interested in Learning More? 180one is a retained search firm and has been engaged by Impel to manage this search. If interested in learning more about the opportunity, please contact Tom Haley /503.334.1350/ tom@180one.com
By Greg Togni March 10, 2025
Long Term Incentive Plans (LTIPs) and Why to Implement Executive compensation is a nuanced and multifaceted subject that involves a delicate balance between rewarding top talent and aligning their interests with the long-term success of the organization. Typically, executive pay packages consist of three primary components: base salary, annual bonuses, and long-term incentive plans (LTIPs). While base salary and annual bonuses have historically been the most visible and commonly discussed elements of executive compensation, LTIPs are increasingly being recognized as the third and arguably most important leg of the stool. LTIPs serve as a tool for aligning the goals of executives with those of the company over the long term, offering rewards that are tied to the sustained growth and profitability of the organization. As businesses evolve and face growing challenges, LTIPs have become a central component in shaping how executives are compensated, ensuring they remain focused on creating long-term shareholder value. Over the past 75 years, LTIPs have been a common feature in public companies, where stock options, performance shares, and other equity-based incentives align executives with shareholder interests. It hasn’t been until the past couple of decades that private companies have implemented LTIPs to align executives' interests with the long-term success of the company, but also almost out of necessity to compete for the same talent who might already possess an LTIP as part of their compensation. What Are Long-Term Incentive Plans (LTIPs)? Long-Term Incentive Plans (LTIPs) are compensation structures designed to reward executives for achieving long-term business goals. Unlike annual bonuses, which are typically tied to short-term financial metrics, LTIPs are structured to reward performance over a longer time horizon—usually three to five years or more. The primary purpose of LTIPs is to ensure that executives are motivated to focus on sustainable growth, value creation, and the long-term health of the company. The Factors Driving the Adoption of LTIPs in Private Companies According to a survey by WorldatWork, approximately 63% of private companies are using LTIPs as a means of rewarding executives and aligning their interests with the company’s long-term success. Several factors have contributed to the rise in popularity of LTIPs in private companies, ranging from the quest for competitive advantage to changes in organizational dynamics and evolving employee expectations. But the following reasons might shed additional insight: Companies with LTIPs Have 30% Higher Revenue Growth: Research by the National Center for Employee Ownership (NCEO) found that companies that implement equity-based LTIPs experience 30% higher revenue growth compared to those that do not. The statistic underscores the positive impact of LTIPs on a company’s overall performance, as they drive executive focus on achieving goals that lead to sustained revenue growth, innovation, and market expansion. 91% of Executives in Private Companies Cite LTIPs as Key to Retention: A survey by Korn Ferry found that 91% of executives in privately held companies consider LTIPs an essential factor in their decision to stay with the company. The statistics demonstrate the significant role LTIPs play in retaining key talent, ensuring that executives are motivated to stay with the company over the long term. By offering equity-based compensation, companies can reduce turnover and keep their leadership team focused on long-term objectives. Companies With LTIPs Are 50% More Likely to Meet Exit Targets: According to a report by Bain & Company, private companies that implement LTIPs are 50% more likely to meet or exceed their exit targets during mergers, acquisitions, or initial public offerings (IPOs). By aligning executives' interests with long-term value creation, LTIPs motivate leadership to work toward achieving the performance metrics that will maximize the company’s value at the time of sale or public offering. Transitioning Ownership and Succession Planning: For family-owned businesses or privately held companies with a significant ownership stake held by a small group, succession planning is another critical factor in the decision to adopt LTIPs. As the company grows and the leadership team evolves, there may be a need to transition ownership to new management. LTIPs can help retain key executives during this period of change, providing financial incentives that keep the team focused on the company’s long-term growth even during periods of uncertainty. As businesses strive to remain competitive and evolve in an increasingly dynamic marketplace, the adoption of LTIPs has evolved as a key driver for optimizing performance. No longer limited to public companies; private companies have increasingly recognized the benefit and need for these compensation structures. Perhaps adding these 4 simple letters (L-T-I-P) to a company’s compensation program could be the difference maker that they’ve been looking for.
By Greg Togni March 3, 2025
Assistant General Counsel With roots going back to the 1960’s, Forest City Trading Group (FCTG), may have started as a small lumber yard run by two immigrant brothers, but has since grown into North America’s largest wholesale lumber product distributor. FCTG facilitates the distribution of products across 6 continents through our network of 12 operating companies and over 800 employees. The company’s impact is far-reaching, especially when considering that one in every ten houses today is built using products sourced and sold by our operating companies. As proponents of forest sustainability, FCTG actively supports suppliers who use sustainable forest management practices that promote forest sustainability and result in long-term environmental, social, and economic benefits. Due to significant growth over the last decade, and expecting strong growth in years to come, FCTG is adding an Assistant General Counsel to their legal team to support growth and help scale the business. Position Overview Forest City Trading Group is seeking a highly motivated and skilled Assistant General Counsel to report directly to, and support, the General Counsel and assist in managing the company's legal operations. The ideal candidate will have strong legal expertise, excellent communication skills, and the ability to collaborate effectively across different business units. This position offers an exciting opportunity to be a part of a dynamic team while contributing to the growth and success of the company. Key Responsibilities Provide legal support to the General Counsel on a variety of corporate, commercial, regulatory, and operational matters. Assist in the company's legal department operations, including document management, contract review and negotiation, legal strategy, and corporate governance. Draft, review, and negotiate contracts, agreements, and other legal documents to ensure compliance with applicable laws and regulations. Assist with the management of corporate compliance and risk management programs, including conducting legal risk assessments and providing recommendations for mitigation. Collaborate with cross-functional teams (e.g., finance, IT, human resources, marketing, trading operations) to provide legal guidance on operational and business issues. Advise on employment law matters, including policies, employee relations, and compliance with federal and state employment laws. Handle legal research and due diligence for mergers, acquisitions, and other corporate transactions as needed. Manage outside counsel and vendors, ensuring legal matters are handled efficiently and cost-effectively. Assist with litigation and dispute resolution matters, including managing internal investigations, handling settlement negotiations, and overseeing litigation strategy. Stay updated on legal developments and regulatory changes that may impact the company’s operations and provide proactive legal solutions. Qualifications and Skills Juris Doctor (JD) degree from an accredited law school. Licensed to practice law in Oregon. Minimum of 5 years of legal experience, with preference for some experience within a corporate or in-house legal environment. Experience in corporate governance, commercial contracts, employment law, and regulatory compliance. Strong analytical skills with the ability to identify and solve complex legal problems. Excellent written and verbal communication skills. Ability to work independently, manage multiple priorities, and maintain a high level of professionalism under pressure. Strong interpersonal skills and the ability to build effective relationships with internal stakeholders at all levels of the organization. Ability to handle confidential and sensitive information with discretion. Preferred Experiences Experience supporting operational functions, such as HR, marketing, and compliance, in a corporate setting. Previous experience managing outside counsel and coordinating legal projects. Experience with construction and material supply contracts. Interested in Learning More? 180one is a retained search firm and has been engaged by Forest City Trading Group to manage this search. If interested in learning more about the opportunity, please contact Lisa Heffernan/ 971.256.3076/ lisa@180one.com
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