A new McKinsey & Co. study reveals that Black professionals are no longer being elevated to managerial roles at the rates they had been between 2020 and 2022. In other words, the minimal gains made after George Floyd’s murder and the widespread corporate commitment to doing better have evaporated. For Black professionals, it’s as if the last four years never happened.
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When I think back over the last year, my nomination for business word of the year is “resilience.” From nearly every vantage point, 2023 has revolved around the emotional, psychological and physical fortitude to withstand challenges, mounting stress and traumatic events.
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Success stories often begin with the notion of a singular heroic achievement or a brilliant lightbulb moment. While we enjoy these tales, one of the first things leaders realize is that teamwork is the true engine of organizations and the foundation of success.
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Although we are all living in this era that seems like it is in constant warp drive, I have also tried to prioritize the emotional and physical health of my teammates and myself. Certainly, it’s not easy, especially with the many challenges constantly knocking at the door. Just like you, I am trying to figure out how to manage my life and abide by my own words: “live it well.”
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Senior leaders must be able to balance empathy and economics if they want to create workplace excellence internally and build brand reputation externally. And, while few executives would view well-being as a new initiative, its importance has increased with the move toward inclusive leadership. Let’s take a look.
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Workplace Options, a Raleigh-based provider of wellbeing and mental health solutions to some 80 million people around the world, is acquiring Triangle-based The Diversity Movement in a move to expand its suite of offerings to include diversity, equity and inclusion.
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Editor’s note: Veteran entrepreneur and investor Donald Thompson writes a weekly column about management and leadership as well as diversity and other important issues for WRAL TechWire. His columns are published on Wednesdays. Thompson of The Diversity Movement was named an Entrepreneur Of The Year 2023 Southeast Award winner. Note to readers:...
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While I certainly don’t want to dismiss the many challenges we face if artificial intelligence implementation goes wrong, I want to explore the upside of AI. Let’s focus on some ways executives can think about and use AI to help their organizations win in the marketplace.
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In this new era, inclusive leadership provides a new mental framework, prompting a profound shift in leadership paradigms. Together, executives and their teams can use inclusive leadership to create cultures that breathe resilience, authenticity and genuine empathy with each team member empowered to embrace change, adapt swiftly and innovate continuously. Are you?
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