From charterworks: A better version of capitalism starts with board diversity
versus allowing them to embrace who they are. Our Herndon graduation speaker was Walter E. Massey, former chairman of Bank of America and past president of Morehouse College. Massey spoke charmingly about the nervousness with which he once sat next to Queens Elizabeth II at a state dinner —and how the two hit it off, talking about her cleaning out her mother’s home and how much she missed her sister. “I needn’t have worried,” he recalled.
Promoting this acceptance of self feels key for companies to attract talent of color. So much of what it takes to get ahead in corporate America has felt like an exercise in trying to be more of what you are: Be assertive, don’t be so direct, sit up straight, be more casual, don’t say “um” or “like,” fix your accent, wear bright colors, wear muted colors. Increasingly, we will evaluate opportunities for ascension based on who lets us be, well, us.
As Giles often declares, and did so in our graduation repeatedly: “The boardroom is the Supreme Court of economic justice.”One of my classmates really leaned into the connection between diverse boards and the values a company projects in the marketplace. Khwaja Shaik is IBM’s CTO for the tech giant’s Financial Services Market. I followed up with him this week on why he raised this point so frequently.
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