why aren’t more companies making sure their senior team is diverse?
In 2019, when reviewing a list of CEOs of Fortune 500 companies, less than 5% are women—in fact, there are more men named David that are CEOs of Fortune 500 companies than there are women CEOs.
As we discussed, when leadership at the executive level is diverse, companies are more profitable. So why aren’t more companies making sure their senior team is diverse?
Take a look at 2019’s Fortune 500 list and choose any company that has a CEO who is part of a minority group. This could be Tim Cook at Apple, or Mary Dillon at Ulta, or anyone else of your choosing. Then, go out to that company’s website and determine the diversity of that company’s senior team (hint: any publicly traded company is likely to list information on their top three executives in the shareholder’s section).
How did your company do in 2019—did they perform better than in 2018 and 2017? Do they have any space on their careers page dedicated to diversity? Answer these questions in your paper.
Write a paragraph about the company’s diversity initiatives and if you feel they are benefitting the business. Post this as your initial post in the Discussion NLT Midnight on Friday of the week assigned. For the remainder of the week, reply to at least two of your classmates providing comments and/or suggestions on their posts. Be sure to review the grading rubric.
WEDSITE Provided: https://fortune.com/fortune500/