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Diversity in the 'Man Cave': Boardrooms Gain Women as Minorities Lag

02/12/2019

Summary

There has been a long-time pressure on businesses to diversify their companies and eliminate gender biases. Though businesses have begun responding by increasing the number of women they hire and improving the positions they hold in the boardroom, racial and ethnic minorities are still being overlooked and underrepresented. Though women are still underrepresented as well, their gains have still been much more substantial than those of African-Americans and Hispanics.

Key Points

  • In response to forces like the "Me too" movement and other pressures, women have gained more seats in the boardroom but there racial and ethic minorities are still taking the sidelines
  • The demands for diversity are growing with the focus almost entirely on women. A new California law even requires that, by the end of 2021, at least 3 women sit on the boards or publicly traded companies
  • White men have long-dominated U.S. corporate boards, for reasons including bias and insular networks that don't necessarily invite in female or minority candidates

Discussion Questions

  1. Do you believe that the increase in equality for women in causing minorities to suffer more inequality than before?
  2. What policies could be implemented in increase equality for all employees in the workplace?

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