GRDC Member News and Kudos

Bausch & Lomb Implements Diversity Dashboard - New Diversity Tracking Model

Bausch & Lomb recently implemented, a new diversity tracking model, the Diversity Dashboard. It is used to communicate to Senior Management. The objective of the Diversity Dashboard is to report the status towards the achievement of the company's established diversity goals over a three-year period.

While the goals are to be attained over a three-year period, the report format is designed to show progress on a more immediate quarterly basis compared to the baseline at the beginning of the year. The dashboard has helped set the expectation that each business unit manage its vacancies and hiring process to identify a diverse slate of candidates for consideration. Senior Management will review the report quarterly and be held accountable for the results.

While this is not a new concept for Bausch & Lomb, it is one that shows that the company is prepared to increase its emphasis on diversity as a business strategy. No longer is it okay to just measure diversity. Bausch & Lomb recognizes that companies must go beyond that, the Diversity Dashboard is just one tool the Company is using to drive the changes needed.