Research shows that firms with unequal levels of racial diversity in upper and lower management were less capable of making good business decisions, absorbing information and obtaining a competitive advantage.
The Western research team used machine-learning to analyze close to 500,000 New York Times (1999-2014) and 300,000 Financial Times (2003-14) articles containing the words “entrepreneur” and “founder” when related to careers in new ventures, as well as the words “manager” and “executive” when looking at established organizations.
Research compiled by the Academy of Management (AOM) on gender equality and women in leadership comes at an opportune time. It paints a prescient picture of where we are heading and provides guideposts of how we can overcome the challenges ahead of us.