How Would Things Be Different If More People of Color and Women Headed Up Fortune 500 Companies?
I would hope things would be different, but as Carter G. Woodson says, "Unless the thinking of a man/woman is changed, there will really be no difference." The results of structural racism have had a great negative impact on people of color. But hypothetically, if more people of color were in positions of power, there would be more diversity of thought in conjunction with diversity of color. Businesses would probably reach heights they never thought achievable. People of color have greater value than is perceived by those in leadership today. People of color potentially can open up the business to other markets. Plus, I don't think companies will ever really be global companies until more people of color are in the power seat. Sad to say but many diverse groups currently don't trust those currently in power today.
—Rhonda Johnson
[Having more women and people of color leading] Fortune 500 companies would bring diversity and a broad perspective, which will enable them to operate more efficiently and effectively. Simply stated, a one-thought process heading one way only for one group of people is a one-way street headed nowhere.
—Janice Jackson
This sector would be in a better place if people of color and women were at the helm in larger numbers ... we need the private sector to diversify ... Wall Street gives us the opportunity to show them our "true" talent and leadership capability.
—Edwin Rosado
I believe that seeing an African, Hispanic American, and/or a female in positions of "power" give hope to all who believe in a diverse world.
—Anthony Thomas
Not sure if they would be. I can't comment on people of color in these positions because we see so few, but, in my experience, many women who gain these positions end up being more "old boy" than the old boys! This is because to get to that level, they often have to learn to play the game better, deny their own leadership style and be tougher, work harder and be more skilled than any of their male peers just to be seen as being equal. Until we provide an inclusive environment, accepting of different approaches and styles throughout the ranks and as part of promotional decisions, we may just end up with the same behaviors and attitudes in a different guise.