Question: Answer the questions to the case Getting on Board with Diversity page 3 8 7 . See question at end. CASE STUDY: Getting on Board

Answer the questions to the case Getting on Board with Diversity page 387. See question at end.
CASE STUDY: Getting on Board with Diversity
Summary: According to Marc H. Morial, CEO of the National Urban League, which promotes economic empowerment for African Americans, a minority presence on corporate boards is necessary to protect the interests of minority consumers and other stakeholders. African American voices and perspectives are needed on corporate boards to ensure that business decisions affecting Black America are both responsible and sensitive to the needs of our communities. Citing a recent study by the Executive Leadership Council, Morial points out that the number of blacks on Fortune 500 boards has actually declined in recent years: Even though blacks comprise 13 percent of the U.S. population, representation on corporate boards stands at a meager 7 percent. The same trend was confirmed for minority and women representation.
Women comprise 18 percent of all board members and just under 20 percent of executive team members though comprising 50 percent of the population.
Minorities comprise 14.5 percent of all directors and an even smaller percentage of executive team members and comprise 35 percent of the population.
African Americans boast the highest minority representation on boards at 8.8 percent and represent 4.2 percent of executive teams.
Hispanics fared worse than any other minority. Although they represent 15 percent of the population, they comprise only 3.3 percent of board members and 3 percent of executive team members.
1. What specific actions would you take to fix this lack of diversity?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!