• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Cornerstone China

  • Who We Are
    • About Us
    • Company Background
    • Why Cornerstone?
    • Global Reach
    • Join Cornerstone
    • Our Team
  • Expertise
  • What We Do
    • Executive Search
    • Interim Executives
    • Executive Coaching & Development
    • Career Management
    • Outplacement
    • CCC Peer Advisory
    • Employer Service
  • News and Resources
  • Contact Us
  • English
Cornerstone Blog Top 4 Diversity Initiatives in 2021

Top 4 Diversity Initiatives in 2021

July 3, 2021 by Cornerstone International Group Leave a Comment

Organizations are being asked to identify diverse talent to fill executive-level positions. The lack of diversity in leadership positions is consistently cited as a critical corporate issue, leading recruiters to pursue a wide range of executive diversity initiatives in 2021.

According to an analysis by McKinsey, companies in the top quartile for gender diversity on executive teams were 25% more likely to achieve above-average profitability in 2019 when compared to companies in the fourth quartile. That percentage is up from 21% in 2017 and just 15% in 2014. In the same study, McKinsey found that top-quartile companies for ethnic diversity outperformed those in the fourth quartile by 36% in profitability.

Nonetheless, achieving executive diversity is a challenge for many organizations. It is now more important than ever for recruiters to leverage robust sourcing tools so they can meet diversity requirements for ethnicity, age, gender, and experience.

Read the full article here

Trust Cornerstone International Group – China! For hiring the best talent!

Filed Under: Cornerstone Blog Tagged With: #diversity

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Copyright © 2023 · Cornerstone China · Sitemap

Website Development by LimeCuda