Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans

Is DEI an oxymoron?

16 January 2024


Early 2024, Axios published an article that American Companies are backing away from “DEI”, which stands for Diversity, Equity, and Inclusion. In the view of Axios, DEI has become a “toxic term”.

It should be noted that the word Equity refers to “fair treatment” rather than to Shareholders’ Equity, although both seem – loosely – related.

DEI may have become a toxic term as those three words are, in my view, an oxymoron rather than a useful concept.

Most companies are focused on a particular product or service. Any (particular) focus results in a loss of a (full) perspective. Why would an IT or a technical company be interested in diversity and/or inclusivity?

Some public service companies might benefit from an increase in customers once their staff resembles their customers. However, the key word is service. Once the service becomes less, a decrease in customers is more likely.

In my view, DEI is a macro and/or a general term that usually cannot be applied to an individual or a micro situation. Hence, a society is often diverse, equitable, and inclusive. Generally, companies are not.

Until about the year 2000, companies were considered private property and a necessary provider of employment. This century, some people view companies as public property because unemployment is remote.

The above may explain why companies prefer a low public profile nowadays, and even a de-listing from the stock exchange (eg, NYSE).

“Strength lies in differences, not in similarities.”

A quote by American author Stephen R. Covey (1932-2012)

Agnus Dei (1967) by Samuel Barber (1910-1981)
composer, lyrics, video, Wiki-composer, Wiki-song

Note: all markings (bolditalicunderlining) by LO unless in quotes or stated otherwise.


Framework Posts


Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest