Creating a High-Performance Company Through Diversity at Exelon

Publication Date: 2005, Fall

Source: SO02 Public Relations Strategist
Product Code: 6K-030512
Organization/Author/Firm: Patricia Bayerlein and Rey B. Gonzalez
Specialization(s): Internal Communications / Firm Management / Multicultural - Diversity
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It's no surprise that business leaders worldwide are concerned about diversity in light of recent forecasts of a global labor shortage in industrial countries and an increasing employee turnover rate in the United States as the economy improves. They recognize they will require new strategies to attract and retain the necessary talent to grow the company, capture new business in changing markets and continue to improve financial performance. In fact, many business leaders are recognizing that creating an environment of inclusion is an initiative critical to the performance of the company.

As one of the leading electric and gas utility companies in the United States, Exelon Corporation has made a commitment to diversity a core part of its business strategy. Diversity is embraced at the highest levels of its organization and is incorporated in the company's vision statement: One Company, One Vision. Exelon has outlined a path to be recognized as one of the most admired companies - both for its passion for diversity and its commitment to inclusion, which it demonstrates in all of its business relationships.