Leading the Charge: A+E Networks and Hearst TV Share Best Practices in Talent Management at Media Financial Management Conference

BEST PRACTICE Integrating DEIB into Organizational FabricEjikeme emphasized that AE Networks has woven DEIB into every aspect of their operations from recruiting to decisionmaking By ensuring diverse panels in hiring processes and continuously monitoring diversity across divisions AE ensures that DEIB principles are embedded throughout the organization This comprehensive approach not only fosters inclusivity but also shapes a more dynamic and innovative workplaceBEST PRACTICE DEIB as a Strategic ImperativeXu highlighted the evolving perspective on DEIB at AE Networks Initially seen as the right thing to do it has now become a strategic imperative for survival in a rapidly changing media landscape Xu pointed out that a diverse workforce is essential for generating fresh ideas that will drive the company forward By creating an environment where diverse perspectives are valued AE aims to ensure its longevity and competitiveness in the industryBEST PRACTICE Connecting with the CommunityOsborn discussed how Hearst Television39s commitment to DEIB is driven by its need to understand and reflect the communities it serves As a trusted local news source Hearst must know its audience intimately to maintain credibility and viewership Osborn stressed that intentional DEIB efforts are crucial for matching the diversity of their audience which directly impacts their ratings and business successBEST PRACTICE Mentorship and Talent RetentionThe panelists agreed on the importance of mentorship programs in fostering talent retention and development Cliff Ejikeme shared that AE Networks39 companywide mentoring program has significantly boosted morale and engagement leading to low attrition rates even during the Great Resignation By providing access to top executives the program helps junior and minority employees feel seen and supportedOsborn added that Hearst Television39s blind matching mentorship program helps leaders overcome unconscious bias and build connections with diverse mentees This program fosters a culture of learning and inclusion helping mentees and mentors alike to grow and developBEST PRACTICE Flexibility and Inclusive LeadershipFang Xu discussed how AE Networks39 flexible work model introduced during the COVID pandemic has helped maintain employee engagement By adopting a quotchoose your own adventurequot approach the company supports remote hybrid and inperson work arrangements ensuring that all employees feel connected and valuedThe panelists also highlighted the role of inclusive leadership in creating a welcoming environment Leaders must be open to new ideas and feedback fostering a culture where all employees feel comfortable bringing their whole selves to work This approach not only enhances employee satisfaction but also drives better business outcomesBEST PRACTICE Expanding DEIB ParticipationMyers concluded the panel by addressing the need to expand DEIB participation within the industry including increased participation among diverse employees at conferences and events such as the MFM Annual Conference It was suggested that leaders approve budgets for added attendees from their organizations and members can recommend their colleagues and emerging leaders The panelists suggested several additional strategies including eliminating referral programs that perpetuate homogeneity and creating more inclusive spaces for diverse voices They emphasized that true inclusion means making space for all employees not just those who are already wellrepresentedThe panel underscored that DEIB is not just a moral obligation but a business imperative that drives growth innovation and employee retention By integrating DEIB into the fabric of their organizations AE Networks and Hearst Television are setting a standard for the industry demonstrating that a commitment to diversity and inclusion can lead to tangible business benefits

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Leading the Charge: A+E Networks and Hearst TV Share Best Practices in Talent Management at Media Financial Management Conference

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