New research provides compelling evidence that diversity unlocks innovation and drives market growth.
The trend/insight:
Leadership Levels
78% of employees who responded to a Harvard Business Review study said they work at organizations that lack diversity in leadership positions. (Harvard Business Review)
Fortune 500 Boards
Women and racial/ethnic minorities make up 42% of board directors for Fortune 500 companies, however, 36% of Diverse Fortune 500 Board seat holders have multiple board seats, suggesting that opportunities need to be spread more widely among candidates.
The opportunity:
Diverse leadership is important to potential candidates, they are asking “where am I going to feel comfortable and thrive”
Companies with diverse board and ERG leaders should highlight and share their leadership positions as an example of their diverse culture.
