Diversity
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X @Mike Benz
Mike Benz· 2025-09-27 20:59
Diversity & Inclusion - S&P 500 companies saw white men comprise the majority of new directors for the first time since 2017 [1] - The report suggests the Trump administration's policies have potentially reversed progress in diversity [1]
Britain Wants Social Mobility But Private Schools Still Dominate
Insurance Journal· 2025-09-26 05:20
Core Insights - Despite efforts to enhance diversity and inclusion, private school alumni continue to dominate influential positions in British society, indicating limited progress in socioeconomic mobility [1][3][10] Group 1: Current State of Socioeconomic Mobility - Elite schooling remains the most reliable pathway to top positions in the UK, with individuals from private schools being five times more likely to hold influential roles compared to the average Briton [3] - The proportion of leaders in the UK's top 100 companies from private schools has decreased to 18%, while 27% of entrepreneurs from privately owned startups valued above $1 billion are private school alumni [5] - The recent political shift to a Labour government has resulted in a cabinet where only about 7% attended private school, down from nearly 39% seven years ago [6] Group 2: Challenges and Inequalities - Socioeconomic mobility improvements are not uniform across all sectors; some areas, like FTSE 100 chairs, have seen a further increase in the representation of privately educated individuals [7] - Graduates from working-class backgrounds are 32% less likely to receive job offers compared to their peers from professional backgrounds, despite being well represented in job applications [8] - Applicants from private schools have a higher likelihood of being hired than those from state schools, with Oxford and Cambridge graduates, who are predominantly privately educated, more likely to secure high-paying roles [9] Group 3: Diversity and Inclusion Initiatives - Recent backlash against diversity initiatives in the US has influenced UK companies, leading to cutbacks in diversity programs, which may hinder efforts to address socioeconomic disparities [10][11] - There is a call for companies to include socioeconomic background in their diversity and inclusion strategies, as many organizations are hesitant to address this issue [12][16] - The Sutton Trust recommends that companies with over 250 employees report on the socioeconomic backgrounds of their staff and publish pay gaps, similar to existing initiatives for ethnicity and disability [14] Group 4: Employer Practices and Recommendations - A YouGov poll indicates that measuring socioeconomic background is still uncommon in the UK, with fewer than 10% of employers inquiring about free-school meal eligibility [15] - Many employers are not effectively building a talent pipeline from less advantaged backgrounds, limiting their potential talent pool [16] - The report suggests collaboration between employers, universities, and community organizations to support students from disadvantaged backgrounds in transitioning to the workplace [14]
Laurie Stewart Named One of American Banker's “Most Powerful Women To Watch”
Globenewswire· 2025-09-24 21:30
Core Insights - Laurie Stewart, President and CEO of Sound Community Bank, has been recognized as one of The Most Powerful Women to Watch in 2025 by American Banker [1][2] - The Most Powerful Women in Banking program celebrates exceptional leadership, business performance, and commitment to diversity, equity, and inclusion in the financial services sector [2] Company Overview - Sound Community Bank, established in 1953, is a full-service bank offering personal and business banking services in the greater Puget Sound region [6] - The bank operates in King, Pierce, Snohomish, Jefferson, and Clallam counties, and has an online presence [6] Leadership Achievements - Laurie Stewart has been instrumental in transforming Sound Community Bank from a $38 million credit union to a $1 billion publicly traded commercial bank [5] - She has served in various leadership roles, including Chairperson of the American Bankers Association Board of Directors, becoming only the third woman to hold this position in nearly 150 years [5] - Stewart is also active in trade associations and has served on the FDIC Community Bank Advisory Board [5] Recognition Event - The honorees of The Most Powerful Women in Banking will be celebrated at a gala on October 23, 2025, in New York City [4]
Trump Admin To Redirect $2.4 Billion From California's High-Speed Rail Project To National Rail Program - General Motors (NYSE:GM)
Benzinga· 2025-09-24 10:00
Group 1 - The Trump administration has reallocated $2.4 billion from California's high-speed rail project to a new $5 billion program aimed at enhancing passenger rail services nationwide [1][4] - The new rail funding program prioritizes safety and focuses on regions with higher birth and marriage rates, omitting climate change and diversity, equity, and inclusion (DEI) considerations [2][3] - The majority of the new program's funding comes from the $4 billion previously withdrawn from California's high-speed rail project, with additional funds from last year's announcement and this year's budget [4] Group 2 - California Governor Gavin Newsom remains committed to the state's transportation goals despite the funding setbacks, including the decision not to offer incentives on electric vehicles after the federal credit deadline [6] - California officials plan to legally challenge the Trump administration's decision to redistribute funds, continuing their fight over the withdrawal of federal rail project funding [7]
Beyond Charity: The Transformative Power of Benevolent loan | Nazifi Umar | TEDxNWU
TEDx Talks· 2025-09-23 15:16
Cultural Perspective Shift - The analysis indicates an initial ethnocentric view, where one's own culture is considered superior [1][2] - The study of geography and world religions during higher education fostered a broader understanding and tolerance of diverse cultures [7][8] - Exposure to different cultures and historical perspectives reshaped the individual's thinking about human identity and cultural biases [11][12] Global Interconnectedness and Influence - The report highlights the interconnectedness of continents and civilizations, suggesting that no single culture is inherently superior [20][21] - Historical empires, such as the Greek, Roman, and Incan empires, have had a lasting impact on global architecture, laws, and perceptions [15][16][17] - Every element of the world has a certain influence depending upon the size and depth of that influence over the globe [17] Development and Progress - Growth and development are attributed to consistent effort rather than a nation's starting point [14] - Internal policies and leadership are crucial for a country's growth and development [13] Understanding and Tolerance - The study of world religions promotes understanding and embracing diverse human experiences [22] - The analysis emphasizes the importance of respecting all cultures and living with gratitude [22]
Target Faces Boycott: 200 Days Without DEI, Financial Impact Grows
Investopedia· 2025-09-23 12:45
Core Insights - Target's decision to end its diversity, equity, and inclusion (DEI) programs has led to a prolonged boycott, significantly impacting the company's sales and stock value [1][4][19] Boycott Overview - The boycott, initiated by Black clergy and supported by civil rights organizations, has been ongoing for over 200 days and has gained traction with the involvement of groups like the American Federation of Teachers [1][6][8] - The boycott's demands include a $250 million commitment to Black-owned banks, support for historical Black colleges, honoring a previous $2 billion commitment to Black entrepreneurs, and a reimagining of DEI initiatives [9][13] Financial Impact - Target reported a 3.8% decline in comparable sales in the first quarter and a 1.9% decline in the second quarter, with foot traffic decreasing for 11 consecutive weeks [2][10][11] - The company's stock has dropped 33% since the DEI rollback, resulting in a loss of over $20 billion in shareholder value [4][12] - Target's market capitalization fell from approximately $129 billion in 2021 to around $41.6 billion, with annual revenue projections decreasing from $107.4 billion to $106.6 billion [12][14] Leadership Changes - CEO Brian Cornell resigned in August 2025, reflecting the severity of the crisis, and was succeeded by COO Michael Fiddelke [4][18] - The leadership change comes amid broader economic challenges, including tariffs and a declining consumer base [18] Consumer Sentiment - The backlash against Target's DEI rollback is notable for its sustained momentum, with activists emphasizing the importance of consumer spending power among Black communities [6][7][19] - The boycott has highlighted a shift in consumer activism, indicating that companies may face significant consequences for reversing DEI commitments [19]
3 charts that show what has happened to DEI roles — and DEI pros
Yahoo Finance· 2025-09-23 10:54
Core Insights - The field of diversity, equity, and inclusion (DEI) has experienced significant changes, with some employers stepping back from DEI goals due to stakeholder pressure and government scrutiny [1] - DEI roles have seen a decline, with approximately 6,000 roles in 2017 peaking at over 13,000 in July 2022, before dropping to just under 11,000 recently [2][3] Group 1: DEI Role Trends - The number of DEI professionals in corporate America has decreased, with many leaving DEI roles for different positions, while nearly 40% remained with their employers in non-DEI roles [3][4] - The expertise gained in DEI roles is being redirected to other areas within organizations, indicating that the work of fostering equitable and inclusive environments continues despite the decline in DEI-specific positions [4] Group 2: Transition of DEI Professionals - Most former DEI professionals transitioned to roles within human resources, while some shifted to other fields such as public affairs and marketing [5][6] - Employers with DEI teams reported higher employee satisfaction and improved workplace culture ratings, suggesting the importance of embedding DEI knowledge within organizations for growth and adaptability [6] Group 3: Strategic Importance of DEI - The report emphasizes that the critical question is not whether companies can afford to prioritize DEI, but whether they can afford not to [7]
HR is now the front line in America's culture wars — and they're overwhelmed
Business Insider· 2025-09-20 09:55
Core Viewpoint - The recent political tensions and social media dynamics are placing increased pressure on HR leaders to manage workplace culture and employee behavior effectively [3][10][12]. Group 1: Impact of Political Tensions - HR teams are facing additional responsibilities due to political events, such as the recent murder of conservative activist Charlie Kirk, which has led to calls for reporting employees who express controversial views [1][2]. - Companies like Microsoft, Delta Air Lines, and Nasdaq have already taken action against employees for their social media comments regarding Kirk, highlighting the growing scrutiny on employee behavior [2][11]. Group 2: Challenges in Social Media Management - The rise of social media complicates HR's role, as employees' online comments can reach vast audiences, making it difficult to manage perceptions of the organization [4][5]. - HR professionals are increasingly receiving inquiries about corporate social media policies, as the line between personal and professional expression blurs [10][17]. Group 3: Evolving Workplace Policies - Many HR leaders are reexamining workplace rules related to political discussions and social media, indicating a shift in how companies approach these topics [13][14]. - The pressure on HR to define acceptable behavior is intensifying, as companies seek to avoid political backlash and maintain a neutral workplace environment [11][12]. Group 4: Broader Responsibilities for HR - HR leaders are now expected to navigate not only employee relations but also technological advancements, such as AI, while managing a politically charged atmosphere [16][17]. - The increasing demands on HR professionals to balance various roles and responsibilities are leading to feelings of being overwhelmed [16][18].
X @The Economist
The Economist· 2025-09-19 17:30
As Donald Trump’s administration grinds through the academy, it is not so much eliminating diversity, equity and inclusion programmes as inspiring, or mandating, its preferred version https://t.co/YnNHgY0RWd ...
Celebrating the diverse voices of Hispanic and Latinx cultures at Microsoft
Microsoft· 2025-09-19 16:02
We're shaped by the hands that came before us, by tradiciones passed down, by stories that became our bridge. By the strength of nuestra familia, reminding us we're never alone. Stronger together, Our comunidad isn't just who we stand beside.It's who we build with. We honor the past by daring to imagine the future. Because our heritage isn't a limit, it's a light.We are early adopters, bold creators, carrying generational dreams into new realities. And with every bold move we bring our families, our stories ...