Page 30 - FDI Alliance International Magazine. Winter 2020 Digital Interactive Issue.
P. 30

CALL FOR ACTION - #ENSEMBLEINC



        HOW ACTIVELY ACTING IN FAVOUR OF DIVERSITY CAN LEAD TO ATTRACTING

        FOREIGN DIRECT INVESTMENTS AND TALENT


















        Several studies have shown that diversity in all its forms (gender, age, sexual  at the heart of Québec’s economic relaunch efforts.
        orientation, psychological and physical traits, cultural backgrounds, beliefs,  Many key players of the Québec business community were quick to unite
        etc.) encourages different ideas and perspectives, making organizations  and join their voices to the movement launch. On September 30, 33
        more innovative and profitable. Moreover, given current competition for  signatories published an open letter and a website in which they made
        talents, companies that will truly embody a diverse and inclusive business   concrete commitments to diversity and offered a toolbox for companies
        culture will be able to attract and retain top talents. With more innovation  wishing to make a difference (www.ensembleinc.ca). They also called on
        and top talent, diverse and inclusive business community will be successful   all members of the Québec business community to join the movement
        in attracting foreign direct investments.             by making clear and quantifiable commitments aimed at diversity within
                                                              their organizations and / or in the business community.
        Despite all the studies, there is still much progress to be made in this
        area within the decision-making bodies of organizations. A multitude of  Becoming part of #EnsembleInc Movement is easy, free and impactful:
        conscious and unconscious barriers, such as bias, discrimination, and  anyone can publish a concrete and quantifiable commitment in favour
        racism, are still too present. These limiting beliefs and ignorance are   of diversity on Linkedin (using the hashtag #ensembleinc). The person
        detrimental to the promotion and enforcement of diversity in companies,  making a public commitment ends his.her post by challenging someone
        and therefore to the performance and development of organizations.  else from his.her network. As a result, a domino effect ensures a broader
                                                              consideration of diversity within the business community.
         #ENSEMBLEINC: A CALL FOR ACTION
                                                              Only two months after its official launch, more than a hundred leaders
        When political discussions began to focus on economic relaunch in  from multinationals, large corporations, SMEs, public organizations,
        Québec, a small group of people came together to ensure that diversity  not for profit organizations and start-ups have joined the movement, by
        in all its forms would be part of the equation. For these agents of change,  publicly making firm commitments to diversity in Québec.
        there was an urgent need to act and unite forces to ensure the future of
        Québec organizations. They also believed Québec had everything it   ECONOMIC DEVELOPMENT AGENCIES AS KEY PLAYERS
        takes to position itself as a world leader of successful economic recovery.
        Beyond the tragic aspect that this pandemic brought, COVID-19 was  As economic development agencies, Montréal International, Investissement
        also an opportunity to challenge the status quo.      Québec International and Québec International have a key role to
                                                              play in promoting diversity. Each agency is seeking to attract foreign
        With that in mind, the group rallied business leaders and launched  direct investment in a particular region. While Investissement Québec
        #EnsembleInc Movement, a citizen movement that aims to encourage  International focuses on the entire province, the two other agencies
        and promote concrete actions in favour of diversity by and for the business   promote a specific metropolitan area (i.e., Montréal Metropolitan Area
        community. It is a call to action in order to put equity, diversity and inclusion  and Québec City Area). In addition to foreign direct investments, Montréal

     30. FDI ALLIANCE INTERNATIONAL                                              CEOS KNOW YOUR PURPOSE
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