A Call for C-Suite Diversity
We all know that diversity, equity, and inclusion is not just good for business, it is good business. We’ve all seen the studies and statistics showing that companies with greater diversity and inclusion
perform better. Gender-diverse environments in particular are linked to increased retention and engagement, as well as greater innovation and healthier balance sheets.
A 2021 HBR study conducted by Corinne Post, Boris Lokshin, and Christophe Boone confirmed the benefits of women-led executive teams include increased profitability, minimized risk-taking, more collaborative
thinking, openness to change, and increased efforts towards socially-informed decision making.
Despite the advantages of an inclusive executive suite, U.S. male executives still outnumber their female counterparts 7-1. The gaps are even larger when it comes to women of color.
In recent years many companies have committed to increased diversity in the C-Suite. We commend those companies that have met these commitments, and continue to increase diversity in their organizations, and
will continue to hold accountable those who have not.
Is your C-Suite as diverse as it should be? If not, what steps will you be taking to get there, and what transparency will you provide?
P.S. We encourage all signatories to share the diversity of the C-Suite of their employers in the comments below. With transparency, we can celebrate, or encourage, increased diversity