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Old 06-16-2015, 01:56 PM   #1
Heilige
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Default Only 5 black CEOs at 500 biggest companies

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A mere five CEOs are black at the nation's 500 largest companies, according to a pro-diversity advocacy group.

"Our numbers are going south on us," said Ronald Parker, CEO of The Executive Leadership Council, an organization that works to boost diversity in corporate America.

That's no better than two years ago when Thompson took the helm at McDonald's (MCD). He became the sixth African-American CEO in the Fortune 500. That number peaked in 2007 at seven, according to Richard Zweigenhaft, a Guilford College professor who wrote a book on the subject.

The numbers are especially startling, given that 13.2% of the U.S. population is African American, according to the Census Bureau.

Corporate America's diversity problems are well-documented. Silicon Valley has been roundly criticized for being mainly white and male, and data show Wall Street hires mostly white and male bankers.

Corporate boards, too, lack racial diversity and are overwhelmingly white. That needs to change, too, Parker said, and boards need to be "very, very intentional and methodical in succession planning."

"They need to make sure that there are individuals (in the pipeline) who are getting the proper career experiences that will allow them to have the global perspective" to lead multinational companies, he said.

Intel made a splash this month when it unveiled a five-year, $300 million diversity program to build a workforce that mirrors the level of diversity among tech graduates. CEO Brian Krzanich said the company is "missing opportunities" because its workforce doesn't represent the population.

That's what Thompson has said. Shortly after his promotion, he said diversity not only boosts the company's bottom line, but "helps with the menu, too" by bringing new ideas to the table.

http://money.cnn.com/2015/01/29/news...ceo-diversity/


What do you all think is the reasoning for there being very few Fortune 500 CEOs that are black?
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Old 06-16-2015, 02:10 PM   #2
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Default Re: Only 5 black CEOs at 500 biggest companies

1 azn in the nba
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Old 06-16-2015, 02:11 PM   #3
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Default Re: Only 5 black CEOs at 500 biggest companies

How many are Mexicans? How many are Indians?


How many are Jews? How many are caucasian non-Jews?


All good questions to think about.
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Old 06-16-2015, 02:20 PM   #4
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Default Re: Only 5 black CEOs at 500 biggest companies

These companies don't care about anything but profit. That is the only motivating factor. They will not discriminate against anyone they think is going to make them the most money.
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Old 06-16-2015, 02:25 PM   #5
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Default Re: Only 5 black CEOs at 500 biggest companies

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Originally Posted by HitandRun Reggie
These companies don't care about anything but profit. That is the only motivating factor. They will not discriminate against anyone they think is going to make them the most money.


Why don't they think blacks, indians, hispanics, etc can make them much money? If you are a minority and want to be a Fortune 500 CEO one day what advice would you give?
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Old 06-16-2015, 02:30 PM   #6
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Default Re: Only 5 black CEOs at 500 biggest companies

Who cares?

How many white runningbacks are there?
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Old 06-16-2015, 02:31 PM   #7
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Default Re: Only 5 black CEOs at 500 biggest companies

idk but i do know resident geniuses like akrazotile, godzuki, and dude77 probably do. ill leave it to them
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Old 06-16-2015, 02:32 PM   #8
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Default Re: Only 5 black CEOs at 500 biggest companies

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Originally Posted by Heilige
Why don't they think blacks, indians, hispanics, etc can make them much money?
Who is "they"?

Quote:
If you are a minority and want to be a Fortune 500 CEO one day what advice would you give?
Start your own company. Don't expect someone to give you the reins of theirs.

Last edited by NumberSix : 06-16-2015 at 02:35 PM.
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Old 06-16-2015, 02:33 PM   #9
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Default Re: Only 5 black CEOs at 500 biggest companies

Quote:
Originally Posted by Akrazotile
Who cares?

How many white runningbacks are there?


If you are a minority and want to be a Fortune 500 CEO one day what advice would you give?

Being a Fortune 500 CEO affords one greater prestige and power than being a runningback don't you think?
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Old 06-16-2015, 02:37 PM   #10
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Default Re: Only 5 black CEOs at 500 biggest companies

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Originally Posted by Heilige
Why don't they think blacks, indians, hispanics, etc can make them much money? If you are a minority and want to be a Fortune 500 CEO one day what advice would you give?

Work harder, think "smarter" and be more innovative than the white guys. Not complicated. When company profits at this scale are at risk, they can't afford to be politically correct, nor can they afford to discriminate.
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Old 06-16-2015, 02:38 PM   #11
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Default Re: Only 5 black CEOs at 500 biggest companies

Quote:
Originally Posted by NumberSix
Who is "they"?


Start your own company. Don't expect someone to give you the reins of theirs.
They is the almighty whitey of course.

And yes, the only way is to do it on your own.
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Old 06-16-2015, 02:38 PM   #12
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Default Re: Only 5 black CEOs at 500 biggest companies

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Originally Posted by Heilige
If you are a minority and want to be a Fortune 500 CEO one day what advice would you give?

Same advice Id give to anyone. Start a quality business or demonstrate high capability at the one you work for. There's no "special advice" for minorities about how they should tapdance in blackface to pacify the white man. I know thats what you WANT to hear in this thread so you can validate your victim mentality, but the truth is nobody cares. Business people are trying to succeed. Its very competitive. Thats what people are focused on.

Quote:
Originally Posted by Heilige
Being a Fortune 500 CEO affords one greater prestige and power than being a runningback don't you think?

Whats your point? Being a runningback is more prestigious and powerful than being a farmer, and theres a lot of white folks doin that.
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Old 06-16-2015, 02:48 PM   #13
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Default Re: Only 5 black CEOs at 500 biggest companies

http://www.dailymail.co.uk/news/arti...practices.html

Alleges Harvard uses racial quotas to justify denying high-scoring Asians


aren't academic test scores directly tied to intelligence and future employment?

just like greatness at sports is tied to being drafted and making it into pro sports leagues?

if only pro sports were under the same racial quotas universities are in having to admit lower test scoring races to make everything look politically correct.
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Old 06-16-2015, 02:48 PM   #14
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Default Re: Only 5 black CEOs at 500 biggest companies

Quote:
Originally Posted by Akrazotile
Same advice Id give to anyone. Start a quality business or demonstrate high capability at the one you work for. There's no "special advice" for minorities about how they should tapdance in blackface to pacify the white man. I know thats what you WANT to hear in this thread so you can validate your victim mentality, but the truth is nobody cares. Business people are trying to succeed. Its very competitive. Thats what people are focused on.



Whats your point? Being a runningback is more prestigious and powerful than being a farmer, and theres a lot of white folks doin that.




Being a quarterback is more prestigious and powerful than a runningback. Last time I checked white people are doing ok with getting jobs at the quarterback position compared to other races. Why would you care about being a runningback when you can be quarterback? The quarterback is the most prestigious position. It's like you're saying don't aim for the CEO poistion, just be happy/satisfied in middle management. Who cares if there are 5 or fewer blacks as CEOs when you can be in middle management, right?

What about the entertainment business/hollywood? That is a business as well and you talked about how people changed their last name, posted pictures of Nat King Cole, Jackie Wilson, etc in order to pacify white people? Isn't the corporate world the same in a way? Not trying to be a victim man. It just doesn't make sense that only 5 black people are Fortune 500 CEOs. You don't think blacks in the corporate world demonstrate high capability in their work?
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Old 06-16-2015, 02:58 PM   #15
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Default Re: Only 5 black CEOs at 500 biggest companies

Quote:
Originally Posted by NumberSix
Who is "they"?


Start your own company. Don't expect someone to give you the reins of theirs.


If I started my own company and I was the CEO and I retired and handed the reigns of my company to someone else I wouldn't care what race they were. They wouldn't have to be the same race as me. Why can't other people have that mentality? What is wrong with that viewpoint? I'm not going to automatically hand my company over to someone who is the same race as me.
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