For all the lip service provided to diversity and inclusion — and in a year marked by pledges for change in the wake of George Floyd and the #BlackLivesMatter movement — few companies are making progress driving a greater mix of race and gender throughout key divisions and senior ranks. This lack of progress is being noticed by employees and having a negative ripple effect on corporate growth, turnover and profits.
For example, in a recent report analyzing data collected from 83,000 employees at hundreds of U.S. organizations undergoing diversity and inclusion trainings, my company found: