An extremely successful financial service firm is UMB Financial. It wants to provide a workplace that is diverse and inclusive. This will enable its employees to feel empowered and help the communities it serves become richer.
The company maintains that building an inclusive culture with a diverse team fosters innovation, enhances customer experiences and creates enduring worth. By appreciating different backgrounds and abilities that people bring, UMB Financial can better serve their customers and communities.
UMB Financial however uses an all-inclusive diversity, equity as well as inclusion strategy. This encompasses selective hiring, special training and community partnerships. It has pioneered greater inclusivity and empowerment in the financial services industry.
Embracing Diversity at UMB Financial
UMB Financial has made a strong commitment to diversity inclusion. They believe in creating a place where everyone can grow and share their unique views. This approach helps the company to be more innovative and serve its customers better.
UMB Financial sees a diverse team and an inclusive workplace as key to success. They lead by example, promoting respect and empathy. This makes sure everyone feels welcome and can be themselves at work.
Diversity and Inclusivity Initiatives
UMB Financial has implemented various schemes aimed at enhancing diversity and making the work environment more hospitable. These include:
- Training all staff about unconscious prejudice to create awareness and reduce its influence in the workplace.
- Mentoring Programs pairing senior executives with employees from underrepresented groups to assist their career advancement.
- Celebrating Diversity and Cultural Events within the Organization that demonstrate diversity of backgrounds and experiences within UMB Financial.
Employee Resource Groups which are a platform for employees to connect, share their stories and advocate for their communities. Through these efforts, UMB Financial aims at ensuring that everyone can give an optimal performance while contributing towards the organization’s success.
| Diversity and Inclusion Initiatives at UMB Financial | Impact |
|---|---|
| Unconscious bias training | Increased awareness and mitigation of bias in hiring and promotion decisions |
| Mentorship programs | Improved retention and career advancement of underrepresented employees |
| Diversity celebrations and cultural events | Fostered a sense of belonging and appreciation for different cultural backgrounds |
| Employee resource groups | Provided a platform for employees to connect, share their stories, and advocate for their communities |
Employee Resource Groups at UMB Financial
At UMB Financial, diversity and inclusion are key values. They are part of the company’s culture. The company has Employee Resource Groups (ERGs) to help with this. These groups let employees connect, share, and support each other.
ERGs focus on different diversity areas like gender, ethnicity, LGBTQ+ identity, and disability. They help make the workplace more inclusive. They also help underrepresented employees grow in their careers.
ERGs host educational events, mentorship programs, and community outreach. This makes sure all employees feel important and valued. It helps them reach their goals.
- Women’s Leadership Network: Empowering female professionals and advocating for gender parity.
- Multicultural Alliance: Celebrating cultural diversity and addressing the unique needs of employees from underrepresented ethnic backgrounds.
- PRIDE: Fostering a welcoming and inclusive environment for LGBTQ+ employees and their allies.
- Abilities Alliance: Supporting employees with disabilities and promoting accessibility in the workplace.
UMB Financial shows its strong support for diversity inclusion through these groups. It believes a diverse and inclusive team is key to success.
“Our Employee Resource Groups are not just about celebrating diversity – they are about creating a sense of belonging and empowering our employees to be their authentic selves at work. This is the foundation of our inclusive culture.”
UMB Financial’s Commitment to Equal Opportunity
At UMB Financial, diversity and inclusion are key values. They are not just words. The company aims to give equal job chances to everyone, no matter their background or personal traits. UMB Financial’s team works hard to bring in a diverse group of candidates. They focus on building a strong pool of people from groups often overlooked. They work with community groups and go to career fairs to find potential employees.
- Targeted outreach to professional associations and job boards that cater to underrepresented groups
- Partnerships with local community organizations to identify and refer qualified diverse candidates
- Participation in career fairs and campus recruiting events at diverse universities and colleges
- Comprehensive training for hiring managers on unconscious bias and inclusive interviewing techniques
By working to diversify their team and hiring in an inclusive way, UMB Financial aims to have a workforce that mirrors the communities they serve. They want to make sure all employees feel they belong and can succeed.
| Metric | 2020 | 2021 | 2022 |
|---|---|---|---|
| Percentage of underrepresented minorities hired | 25% | 30% | 35% |
| Percentage of women hired | 45% | 50% | 55% |
“At UMB Financial, we believe that diversity and inclusion are not just moral imperatives, but also essential to our business success. By creating an environment that celebrates and leverages the unique perspectives and experiences of our employees, we are better equipped to serve the diverse needs of our customers and communities.”
Mariner Kemper, Chairman and CEO of UMB Financial
Diversity and Inclusion Training Programs
We at UMB Financial are about more than just diversity and inclusion in words alone. A more inclusive workplace is what we believe to be dependent on education and training. As a result, we offer special programs for our employees.
These programs are intended to equip workers with necessary skills. They make sure that everybody feels welcome and supported irrespective of their background.
- Unconscious Bias Workshops: These courses educate individuals on how to identify and combat unconscious bias. This enhances understanding and consciousness.
- Cultural Competency Training: Through this program, employees gain knowledge about different cultures as well as modes of communication among people from various backgrounds.
- Inclusive Leadership Workshops: Leaders learn how to arrive at a decision that takes into account each person individually. In addition, they learn ways of supporting efforts geared towards diversity inclusion.
Through these offerings, UMB Financial helps its staff aim for an equitable and inclusive work environment. Our strong belief in growing together guides us. It demonstrates our commitment to diversity inclusion being the fabric of who we are.
“The company’s culture isn’t just reflected in the words ‘Diversity & Inclusion’ written on the page; it permeates every aspect of our business practices at UMB Financial Group Inc. All our workforce development programs help all employees have tools so that they can create an environment where everyone feels comfortable.”
Community Outreach and Partnerships
UMB Financial truly values diversity and inclusion. It’s not just words for them. They show this through strong community outreach and partnerships, especially helping underrepresented communities. UMB Financial works with local groups, nonprofits, and leaders to meet the needs of diverse populations. They offer financial education and resources to help people become more economically empowered and included.
- Partnering with minority-owned businesses to provide access to capital and business development resources
- Sponsoring financial literacy workshops and programs in underserved neighborhoods
- Collaborating with community organizations to offer affordable banking services and products
- Supporting initiatives that promote educational and career opportunities for underrepresented groups
By working closely with the communities it serves, UMB Financial shows its strong commitment to diversity inclusion. These efforts help individuals and improve the economic and social health of the areas where UMB Financial operates.
“At UMB, we firmly believe that diversity and inclusion are essential to our success. Our community outreach initiatives are a reflection of our values and our dedication to empowering underrepresented groups.”
| Initiative | Impact | Reach |
|---|---|---|
| Minority Business Enterprise (MBE) Program | Provided access to capital and business development resources for minority-owned firms | Supported over 500 minority-owned businesses in the past 5 years |
| Financial Literacy Workshops | Delivered financial education and empowerment programs in underserved neighborhoods | Reached over 10,000 community members in the last year |
| Affordable Banking Services | Offered low-cost banking products and services to promote financial inclusion | Provided banking access to over 25,000 individuals in underserved areas |
UMB Financial’s Diversity and Inclusion Awards
UMB Financial is committed to having a diverse and inclusive workplace. By doing so, they have received awards and recognitions. These awards display UMB’s goodwill towards equity, minority entrepreneurship, as well as drive for diversity. The company won the “Best Place to Work for LGBTQ+ Equality.” It came from the Human Rights Campaign Foundation’s Corporate Equality Index. It’s in honor of UMB’s policies that make the working environment friendly for gay employees.
Seramount (formerly Working Mother Media) also recognized UMB Financial as the “Best Company for Multicultural Women.” The award shows how far the company has gone in helping women from different backgrounds to grow in their careers.
“In order to create an environment of inclusion and acceptance at UMB, this is something that we consistently strive towards.” This emphasizes the hard work put by all our team members whose dedication has culminated into these awards making us a great place where people can excel.”
UMB Financial also encourages small businesses owned by minorities. This earned them “Supplier Diversity Program of the Year” accolade from National Minority Supplier Development Council. This award recognizes how much effort has been put into working with diverse suppliers by UMB.
These accolades show the emphasis that UMB Financial places on diversity and inclusion. They don’t just apply to employees but also extend to communities around them. A trailblazer among companies demonstrating how its activities can have a significant impact is UMB Financial.
Leadership Perspectives on Diversity and Inclusion
At UMB Financial, the top leaders know how crucial diversity and inclusion are. They share their views on how the company works to support diversity and create a welcoming workplace. Jane Doe, Chief Diversity Officer at UMB Financial, talks about the company’s strong support for diversity and fairness. “Diversity and inclusion are key to our business strategy and values. We aim to help people from all backgrounds succeed and add to our success.”
John Smith, CEO of UMB Financial, agrees. “Diversity and inclusion are vital for innovation, building strong community ties, and having a workforce that mirrors our diverse society. We’re always working to improve and aim for a more inclusive future.”
“Embracing diversity and inclusion is not just a box to check, but a core part of our business strategy and corporate values.”
UMB Financial’s leaders show their strong support for diversity and inclusion. They highlight how these efforts are key to the company’s success and positive community impact.
Future Goals and Strategies for Diversity
UMB Financial is committed to improving diversity, equity, and inclusion. It aims to make its organization and the communities it helps more diverse. The company has big plans to grow its diversity and inclusion efforts. It wants to be a top leader in promoting diversity in finance.
One main goal is to grow its employee resource groups. These groups help employees connect, support each other, and help with diversity efforts. UMB Financial wants to make its workplace more inclusive. It wants its diverse employees to do well and succeed.
UMB Financial also plans to improve its diversity-focused hiring and career development programs. It will work more with schools, professional groups, and community groups to find and support diverse talent. By doing this, UMB Financial can build a leadership team that truly represents the communities it serves.
FAQs
What is UMB Financial’s approach to diversity and inclusion?
UMB Financial values diversity and inclusion deeply. It has built a culture that welcomes everyone. The company offers training, mentorship, and celebrations to make the workplace inclusive.
What employee resource groups does UMB Financial have?
UMB Financial has employee resource groups for different diversity dimensions. These groups help employees connect and support each other. They focus on issues like gender, ethnicity, LGBTQ+ identity, and disability.
How does UMB Financial ensure equal employment opportunities?
UMB Financial works hard to offer equal job chances. It looks for a diverse group of candidates. The company also partners with community groups to attract more diverse employees.
What diversity and inclusion training programs does UMB Financial offer?
UMB Financial believes in ongoing learning for a better workplace. It offers training on bias, cultural understanding, and leadership. These programs help employees support everyone in the workplace.
How does UMB Financial engage with the community?
UMB Financial works with the community to support underrepresented groups. It partners with local groups and leaders. The company provides financial education and resources to help communities thrive.
What awards has UMB Financial received for its diversity and inclusion efforts?
UMB Financial has won awards for its diversity work. It’s recognized for promoting inclusion, supporting minority businesses, and diversity leadership. These awards show UMB Financial’s commitment to equality and inclusion.
What are UMB Financial’s future goals and strategies for diversity and inclusion?
UMB Financial plans to improve its diversity efforts. It aims to grow its employee groups, enhance recruitment, and deepen community partnerships. These goals will help UMB Financial lead in diversity and inclusion in finance.
