Tuesday, June 6, 2017

Why Corporate America Will Never ‘Get’ Diversity - FORTUNE

by Sallie Krawcheck 
Originally published: June 5, 2017
Publisher: Fortune.com 

While we women have been leaning in, knowing our worth, asking for more, and following every other strategy that promises to bring us workplace equality, diversity at major U.S. corporations has been going…sideways. At best.

I guess we’ll just have to keep at it. Redouble our efforts. Maybe re-triple them.
Or maybe we should all just finally admit that corporate America just doesn’t get it—doesn’t truly, deeply get it.

Maybe the better results that come from increased gender diversity just aren’t enough to get men—who remain mostly in charge—to change the workplace. Maybe the higher ROE, lower risk, greater employee and customer engagement, and improved innovation isn’t enough. Maybe the 63% better returns that First Round Capital calculated it has earned by investing in gender-diverse leadership teams just isn’t enough.