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Diversity

Jamie Hoobanoff, Founder and CEO of The Leadership Agency, North America’s sales and executive recruitment partner of choice for startups.

You hear it everywhere right now — the conversation about diversity, inclusion and equity seems to be taking place in business meetings, personal interactions and all over the news. However, it seems to me like we have had these discussions before, and inevitably we moved on to talk about other things without ever taking action.

The desired change, the necessary progress that we all say that we support, hasn’t happened yet or at least not enough. In the past, we spoke about a lack of women on boards and panels, and there has been an improvement in female representation over the years. That’s a start. It demonstrates that change can happen when we come together and commit to it. Insist on it. 

Large enterprises can launch splashy media

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  • For Hispanic Heritage month, Business Insider partnered with We Are All Human, a nonprofit championing diversity, equity, and inclusion, and the US Hispanic Chamber of Commerce to identify 10 Latinx business leaders driving change within their communities. 
  • From entrepreneurs making personal finance more accessible to Spanish speakers, to nonprofit founders helping young Latinx women achieve career success, these 10 leaders are working for change.
  • Visit Business Insider’s homepage for more stories.

For Hispanic Heritage Month, Business Insider wanted to spotlight Latinx business leaders driving change not only through their work, but within their communities.

The Black Lives matter protests and the ongoing pandemic have led to louder and more effective calls for racial and ethnic equality in the US. The demand for action has spilled into the business world, where leaders across industries are starting to push for change and actionable reform. 

To help us find Latinx leaders whose impact

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(Bloomberg) — Legal & General Group Plc’s investment arm will vote against certain senior appointments at FTSE 100 and S&P 500 companies if they fail to include ethnic minorities on their board.

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The asset manager wants to see at least one Black, Asian or other ethnic minority on the board at major U.K. and U.S. firms by January 2022, according to the newsletter from Legal & General Investment Management. If there isn’t any such representation, L&G will vote against appointments to chair the board and nomination committee.

“The horrifying killing of George Floyd and so many others has led many institutional investors to think much more seriously about structural racism and inequality,” LGIM wrote. “We believe asset managers must go further. Now is the time for action.”

As the U.K.’s biggest money manager with around 1.2 trillion pounds ($1.6 trillion) of assets, Legal & General’s warnings carry some

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  • Reebok is going all-in on streetwear and hype. 
  • This week, the brand appointed Kerby Jean-Raymond, the designer behind the luxury streetwear brand Pyer Moss, as vice president of creative direction.
  • According to Reebok’s founder Joe Foster, focusing on the “street” is a smart way to help the brand achieve notoriety.
  • “Any brand that wants volume has got to impress the street,” said Foster. “That’s where it’s won. And we see this now from Pyer Moss.”
  • Visit Business Insider’s homepage for more stories.

Reebok’s market strategy has increasingly focused on streetwear in the last couple of years, as evidenced by a series of collaborations with brands like Vetements, Billionaire Boys Club, and Kerby Jean-Raymond’s Pyer Moss.

But the sneaker and apparel maker is no stranger to this sector.

In his new book, “Shoemaker,” Reebok founder Joe Foster described the story of how the brand accidentally forayed into the fledgling streetwear market

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For months, businesses across North America owned up to their equity faults in contrite statements.

After George Floyd, a Black man in Minneapolis, was killed by a police officer, corporations one after another released statements throughout the summer, condemning racism and police violence against Black people and committing to look inward at their own diversity and inclusion issues.

Some, like Deloitte and RBC pledged to create more pathways for racialized leaders and committed to community initiatives and to organize advisory groups to bring about equitable change internally.

But students enrolled in undergraduate business programs in Ontario say issues start well before they join the workforce. They say in order for things to change, a good place to start would be university business schools.

Over the summer, business school students across the country took a cue from Black students at Harvard Law, and anonymously shared on Instagram harrowing stories of the

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Rachelle Jamerson-Holmes, African American businesswoman of three decades and founder of Orangeburg’s EmpowerHer Chapter of the American Business Women’s Association, brings a unique perspective on diversity to the business and professional world. She discusses that perspective and more.

My unique perspective includes five areas: diversity, equality, inclusion, cultural heritage and being a visionary. Each person comes from his or her own background. I knew early on that I would follow my passion for fashion and interior designing. Family exposure to travel let me know there was a bigger world out there. My mind was expanded. It was me in pursuit of things I want to do. I wake up every morning excited and ready not necessarily to pursue business, but to pursue our most precious asset, life.

Your businesses are success stories. What did it take for you to break into the business world and grow your businesses over three

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  • Paradigm CEO Joelle Emerson said in a tweet Thursday that a recent executive order from the Trump administration banning certain types of diversity training at federal contractors already caused her to lose a a client.
  • Emerson said the type of training her startup provides does not violate the executive order, but that this company ended it just to “play it safe.”
  • She said that other companies are holding off on diversity training altogether because of confusion over the order.
  • Paradigm is especially known for providing training to Silicon Valley startups and big tech firms, which have historically struggled to achieve representation of minorities in their workforces and C-suites.
  • Visit Business Insider’s homepage for more stories.

The CEO of a diversity training consulting firm said Thursday that her company has already lost a client due to President Trump’s recent executive order.

 

“We just lost our

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Gannett, the owner of USA TODAY and over 260 local news operations, announced an initiative to make its workforce as diverse as the country by 2025.

USA TODAY

BRIDGEWATER – Diversity in the workplace leads to greater success.

That was one of the messages delivered at the Somerset County Business Partnership’s first Somerset County Diversity and Inclusion Summit held virtually on Sept. 24.

“Diverse teams drive better returns,” said Magda Yrizarry, chief diversity officer at Verizon. “When leaders speak of this, it resonates with shareholders. Our leadership is committed to activating the awareness of our employees.”

Yrizarry said the power of inclusion is important to employers, but there is no cookie-cutter approach to making progress on the issue. Yrizarry said business leaders must be conscious of the importance of diversity and care and inclusion in the workplace.

The summit was a continuation of the Business Partnership’s initiative to provide

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Diversity and inclusion are essential in business today as a healthy variety of people from different backgrounds and cultures provides us with the balance of voices and diversity of thought that we need.

However, it seems as though many businesses still do not have a healthy balance of different people from different backgrounds working for them.

This is something that needs to be changed and this article reflects on the reasons why diversity and inclusion are essential in business and how it can have a huge impact on businesses in the short and long term. 

1.   Greater innovation and creativity

Having a working environment filled with employees of different backgrounds, skills, experiences and knowledge means that there will be an increase in innovative and creative ideas. This can have a huge impact on the business as this will help

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For Jackie Taylor, the founder of the Black Ensemble Theater and a woman who has seen calls for greater diversity, equity and inclusion in the Chicago theater come and go over the years, this moment seems different.



a group of people sitting in a chair: Jackie Taylor, founder and leader of Black Ensemble Theater, and Daryl D. Brooks, producing managing director, in the theater at 4450 N. Clark St. in Chicago on Sept. 2.


© E. Jason Wambsgans / Chicago Tribune/Chicago Tribune/TNS
Jackie Taylor, founder and leader of Black Ensemble Theater, and Daryl D. Brooks, producing managing director, in the theater at 4450 N. Clark St. in Chicago on Sept. 2.

“This has been a fight for more than 400 years,” Taylor said. “So it’s not exactly new. And we had all the demonstrations and the marches and the same conversations in the 1960s. But there has been a change in the wind. And I think, in terms of things clicking in people’s minds about racism, it is suddenly now happening on a deeper level.”

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So what’s different?

“Young people,” Taylor said. “Young people, including

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