Unconscious bias refers to a bias that we are unaware of, and which happens outside of our control. It is a bias that happens automatically and is triggered by our brain making quick judgments and assessments of people and situations, influenced by our background, cultural environment, and personal experiences.
How does this concept apply to decision-making, business innovation, and philanthropy?
Business Innovation & Decision-Making: One solution discussed was blind vetting, without names or photos in its first round of evaluation, to help reduce unconscious bias.
Implicit Bias and Its Role in Philanthropy & Grantmaking: Women’s groups continue to be underfunded, and only a small percentage of philanthropic monies go to organizations led by racial minorities.
All individuals do their part in ensuring everyone is at the decision-making table.
Since you are interested in Impact Investing, have you read these selections from Giving Compass related to impact giving and Impact Investing?
Looking for a way to get involved?
If you are interested in Impact Investing, please see these relevant events, training, conferences or volunteering opportunities the Giving Compass team recommends.
Are you ready to give?
If you are ready to take action and invest in causes for Impact Investing, check out these Giving Funds, Charitable Organizations and Projects related to Impact Investing.