Analogies and pictures can go a long way in making a complex topic understandable. I recently came across a picture that illustrates the difference between equality versus equity in a simple three-frame drawing:
Take a moment to reflect and ask yourself how you can apply this concept. What image represents how you are you personally acting as a supervisor or a parent? Which frame best describes efforts in your organization? Is your compensation and promotion program equal or equitable? Do you focus your time on addressing the first, second or third frame?
Reality is definitely not as simple as this illustration, but picturing the goal may help your actions and your organization move closer toward attaining it.