Elon Musk and Mark Cuban engaged in a debate regarding diversity, equity, and inclusion (DEI) in business.
Musk criticized DEI as a form of racism, prompting Cuban to respond with five points emphasizing the importance of DEI for businesses.
Cuban highlighted the benefits of diversity in hiring, the need for equity, and the importance of creating inclusive work environments to reduce employee stress and increase productivity. (Trending: Hollywood A-Listers Revealed In Epstein Court Documents)
Mark Cuban goes on a six or seven post barrage of why employers must use DEI for hiring and Elon Musk, in one sentence, dismantles Cuban's entire DEI argument! pic.twitter.com/X5xVRenfhk
— 🇺🇲Take a Stand 🇺🇲🙏 (@keepitwilder) January 6, 2024
“Cool, so when should we expect to see a short white/Asian women on the Mavs?” Musk asked Cuban, referring to Cuban’s professional basketball team.
Cuban was unable to effectively answer Musk’s question, but he wrote at length about the positive impact of DEI.
“If you don’t think there is a need for DEI and it doesn’t create a competitive advantage for your company, just look at the @x posts/replies/quotes below,” Cuban wrote.
“These are the same people that work for you or are your co-workers. Everyone is entitled to their POV, but these same feelings, even if they are not said out-loud, are heard loud and clear at work.”
“Good businesses look where others don’t, to find the employees that will put your business in the best possible position to succeed,” Cuban wrote. “You may not agree, but I take it as a given that there are people of various races, ethnicities, orientation, etc that are regularly excluded from hiring consideration.”
“By extending our hiring search to include them, we can find people that are more qualified. The loss of DEI-Phobic companies is my gain. Treating people equally does not mean treating them the same.”
“Equity is a core principle of business,” he added. “Put your employees in a position to succeed. Recognize their differences and play to their strengths where ever possible. It is not a hard concept. But it is not easy to implement.”
“Most workforces don’t have the depth of management to do this well. When it’s not done well it can create tension and resentment. Great companies create environments that reduce unnecessary stress of their employees.”
“When anything that impacts all of your employees is pretty much a check list item to the CEO, there is a good chance that its not going work well and you are going to have employees who are not comfortable for a lot of different reasons.”
“Which in turn creates resentment towards DEI policies and training. Which in turn makes it harder on the managers trying to implement it. When companies do DEI well, you see a well run, successful company,” Cuban added.
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