RE: https://social.coop/@natematias/116103016873794306
This is often what happens with representational diversity: when the incentives change, they abandon it because it was a façade to begin with.
Truly inclusive diversity requires a larger cultural change, which is much more difficult, and has to be a priority directed from the top and rewarded/celebrated at the bottom. This includes things like getting rid of people who won’t get on board and incentivizing improvements which doesn’t always happen. #diversity #inclusion #dei
In an analysis of new S&P 500 directors by demographic, starting in 2021 the proportion of new S&P directors by demographic has returned to rates that include an even lower proportion of Black directors than before 2016, after temporary gains.