We recognize that fostering diversity and inclusion unlocks unique opportunities by involving everyone. To enhance innovation, productivity, and deliver exceptional goods and services to our consumers, our company seeks diversity across various dimensions, including our workforce, services, products, and customer base. This diversity mirrors the rich environment in which we operate. To realize our goal of establishing a diverse and engaged workforce, a comprehensive diversity and inclusion strategy is essential. This strategy will serve as a blueprint, guiding us in creating an inclusive workplace where every individual feels valued and welcomed.
https://www.stc.com.sa/content/stcgroupwebsite/sa/en/equity-empowerment.html
Completed
2021
2024
Our project, which involves annual reviews and stakeholder collaboration, is built upon a foundation of continuous improvement. One key aspect that enhances its replicability is our commitment to benchmarking against industry standards. Through regular benchmarking exercises, we ensure that our competency framework aligns with, and often exceeds, the evolving industry standards.
The Competency Framework Review Project sustains itself through: -Annual Adaptation: Iterative reviews keep us current. -Stakeholder Involvement: Ongoing engagement ensures support.-Capacity Building: Skill development maintains organizational prowess. -Benchmarking: Regular industry benchmarking fosters competitiveness. -Documentation: Comprehensive records facilitate seamless knowledge transfer. These elements collectively contribute to the project's enduring impact.
Enhanced Organizational Performance: A D&I strategy positively impacts organizational performance. By fostering an inclusive culture that values diversity. This diversity of thought and background leads us to improved problem-solving, innovation, and decision-making. Ultimately, this enhanced performance benefits our organization and contributes to its success, which in turn has positive economic and social implications for society. Attraction and Retention of Top Talent: A robust D&I strategy helps attract and retain top talent. Individuals are increasingly seeking inclusive work environments where they feel valued, respected, and can bring their whole selves to work. By implementing a D&I strategy, stc creates a reputation as an inclusive employer, making them more appealing to a diverse pool of candidates. This attracts high-caliber talent, strengthens the organization's workforce, and sets an example for other organizations, ultimately contributing to broader societal shifts toward greater inclusivity. Increased Employee Engagement and Productivity: An inclusive workplace that values diversity fosters higher levels of employee engagement and productivity. When employees feel included, respected, and valued, they are more likely to be motivated, committed, and satisfied in their roles. This leads to increased productivity, better collaboration, and higher levels of employee well-being. Positive Social Influence and Role Modeling: stc serve as role models and catalysts for broader societal change. By demonstrating a commitment to diversity and inclusion, organizations can influence social norms, challenge biases, and inspire other organizations to do the same. This ripple effect can lead to a more inclusive society where diversity is celebrated and individuals from all backgrounds have equal opportunities to succeed.
Saudi Telecom Company (stc)
Saudi Arabia — Private Sector
https://www.stc.com.sa/content/stc/sa/en/personal/lifestyle/stcapps-and-services/applications/mystc.html
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