In recognition of Black History Month, an annual celebration of the history, accomplishments, and contributions of Black individuals who have made an enduring impact on our society, ISS-Corporate examined trends in the representation of Black directors and CEOs across U.S. indices. Here are some notable findings: 🚀 The prevalence of Black/African American directors has surged since 2019 across all U.S. indices, notably doubling for lower market cap companies since 2019. 📊 Growth in representation of Black directors has outpaced that of Black CEOs: over the five-year period spanning 2019 through 2023, the number of Black CEOs in the Russell 3000 grew by less than 1.3 percent. 💼 In 2023, Utilities led all industries in terms of Black representation for both board seats and CEO positions. Flip through the slides for our full analysis. #BlackHistoryMonth #BoardDiversity #BlackCEOs
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Black History Month: A Legacy of Strength, A Future of Opportunity What does Black History Month mean to me, we are reminded of the incredible contributions of Black leaders, innovators, and visionaries who have paved the way for so many of us today. For many Black professionals, this month is a time to reflect on that legacy of resilience, honor the barriers broken, and acknowledge the work still ahead of us. However, the true meaning of Black History Month is sometimes overlooked. It’s not just a celebration of history—it’s a critical reminder of the continued fight for equality and the importance of representation in all spaces. In today’s society, Black professionals continue to redefine industries, lead transformative initiatives, and push for greater equity in the workplace. This month isn’t just about looking back—it’s about recognising the impact we can have in shaping the future. It’s a reminder to mentor, build inclusive networks, and create opportunities for the next generation. Let’s take this time to uplift one another, celebrate our achievements, and commit to pushing the boundaries of possibility in every field we touch. We are not only standing on the shoulders of giants—we are becoming them for those who will follow. #BlackHistoryMonth #Leadership #RepresentationMatters #DiversityAndInclusion #BlackExcellence
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Today, on #BlackHistoryMonth, I want to take a moment to celebrate and acknowledge the remarkable contributions of Black procurement leaders in the public sector. Their expertise, resilience, and commitment to driving impactful change are crucial to the success of our organizations and communities. As someone who is fortunate to work in and alongside inclusive teams, I'm constantly inspired by how diverse perspectives and voices bring innovation and growth to procurement and public service. Representation matters, and it’s encouraging to see more inclusive environments where Black professionals are not only supported but are leading complex procurement initiatives that shape the future of our public sector. Let’s continue to champion diversity and equity in our workplaces, ensuring that everyone has the opportunity to excel and make a difference. Here’s to all the Black leaders in procurement and across the public sector—thank you for your hard work, vision, and the doors you are opening for future generations. #BlackHistoryMonth #BlackExcellence #ProcurementLeaders #DiversityAndInclusion #PublicSector #InclusiveWorkplaces #RepresentationMatters
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As we close Black History Month on this unique leap year day, February 29th, we at Rapid Response Technologies, a proud Black-owned business, take a moment to reflect on the significance of this month. Black History Month is not just a period of recognition but a celebration of resilience, achievements, and the indomitable spirit of the Black community. Throughout history, Black pioneers have paved the way in every field imaginable, breaking barriers and setting new standards of excellence. This month, we've shared stories that inspire us, from trailblazers in technology, arts, and sciences to the unsung heroes in our own communities. Their legacies fuel our commitment to innovation, equality, and empowerment. As we move forward, let's carry the spirit of Black History Month with us every day. Let's continue to support Black-owned businesses, uplift emerging leaders, and create opportunities that foster diversity and inclusion. At Rapid Response Technologies, we're dedicated to building a legacy that future generations can be proud of—a legacy that honors the contributions of the Black community not just in February, but all year round. Thank you to our employees, customers, and partners who stand with us in celebration and commitment. Together, we are stronger, and together, we will continue to make history. #BlackHistoryMonth #DiversityAndInclusion #BlackExcellence #SupportBlackBusiness #RapidResponse #BlackOwnedBusiness
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Research shows organizations with the highest ethnic diversity are 35% more likely to have above average financial performance, but only 8 Fortune 500 companies have a Black CEO. Only 26 Black leaders have ever held that title. Learn more about why that hasn’t changed, why it should, and how your organization can create a more equitable corporate ladder. https://bit.ly/4bOi8WH
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Just to elaborate a bit: Focus on Equity - Shift from equality to equity by providing tailored resources and opportunities that address specific needs and systemic barriers faced by Black people. Level Playing Field- Dismantle structural inequities in hiring, promotions, and pay. Implement targeted support, mentorship, and policy reviews to create fair opportunities. Leadership Opportunities Create pathways for Black leadership by ensuring diverse representation, offering inclusive leadership training, and establishing sponsorship programs. Inclusive Culture- Promote cultural competence and inclusive practices through regular training, open dialogue about race, and creating safe environments for Black voices. Accountability - Set measurable goals, track progress through data, and maintain transparency to ensure organizations are held accountable for DEI commitments. These points emphasize creating equitable environments and leadership pathways for Black people in organizations. This is not only a win- win for the organization but the society.
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Black representation on corporate boards is slowly improving but still needs progress. In 2023, 80 companies had no Black directors. In 2024, that number dropped to 73—a decrease of 8.75%. Check out the 2024 BE Registry of Corporate Directors for a closer look at boardroom diversity trends and the future of inclusion in corporate America. https://lnkd.in/gEN-CvXd
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Black History Month in the UK serves as an essential platform to celebrate and acknowledge the vital contributions of Black, Asian, and Minority Ethnic (BAME) communities, both historically and in contemporary society. The special screening of Windrush, for instance, highlights the significant role BAME communities played in the UK during and after the war, particularly in industries like healthcare, transportation, and manufacturing. Their invaluable service contributed to the rebuilding of the nation, leaving an indelible mark on its social and economic fabric. Recognizing these contributions during Black History Month not only honors the past but also opens opportunities for future growth and collaboration. It emphasizes the importance of diversity, inclusion, and representation across all sectors, reminding us that BAME communities have been, and continue to be, a cornerstone of the UK’s success. Looking forward, Black History Month provides a critical moment for reflecting on how BAME individuals can continue to add value, especially through entrepreneurship, innovation, and leadership. By championing diversity in fields like technology, education, and global trade, these communities can drive progress not just in the UK but globally. Empowering young BAME leaders to take the helm in various industries ensures that the legacy of service and contribution is sustained, offering the potential for transformative impact on a global scale. Robert Ajani Dr.d., MA, MBA, BSC, EDI cert, SFHEA Peter Emelone Marineli Codin MIH Adesinbo Ajayi Simon Masuku Hassan Kareem Andrew Smith Odelia Lobow Dr. Lawrence Akwetey Annie Chohan Dr. Dinesh Saraswat Dr Shehu Jallo Philip Nickisson Dr Bikram Maharjan ACMI DBA, MSc, MBA, MA
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Why Investing in Black Voices Matters Our CEO, Sharla-Jaye Duncan, recently shared some powerful thoughts on the importance of valuing Black speakers and professionals—especially during Black History Month. Too often, multi-million-pound corporates ask Black entrepreneurs and professionals to contribute their time for free, while claiming to "invest" in the Black community. But real investment means more than just appearances. If companies are serious about improving Black representation, especially in leadership, they need to put their money where their mouth is. We stand by SJ's belief that time and expertise are invaluable, and investing in Black talent is key to driving real change. At Journi, we’re all about creating genuine opportunities for Black professionals. If you're a Black professional looking for support and growth in your career, join us today. Link in comments ⬇ Let’s ensure progress is real, not performative. #JourniCommunity #BlackHistoryMonth #InvestInBlackVoices #EquityAndInclusion
We improve the career progression of high-potential black, female or low-household-income professionals across their entire career lifecycle, from school leavers (Day One) to Board Level.
If a corporate asks you to speak for free for Black History Month. Don’t do it. If they’re ‘investing’ in the Black Community they should invest in the Black Speakers that make their events possible. Asking entrepreneurs, like me, to give my time for free… so that a multi-million pound corporate can demonstrate that they’re ‘invested’ in this area is just promoting a lie. I don’t need any more sandwiches or pats on my back for my achievements, thanks. I need to see corporates genuinely improving their black representation, especially in their leadership teams. I do offer my time to some companies for free though. I support small, socially impactful companies that support the black community like BYP Network recently. I’d do the same for Foundervine, Daring Capital, Team Up Hub and any other org that has social impact as it’s ‘why’. But corporates don’t exist to do this, they exist primarily to provide a return to their shareholders. So if they’re serious about also investing in black representation they should… invest. --- Join Journi if you're a black professional looking for support.
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If a corporate asks you to speak for free for Black History Month. Don’t do it. If they’re ‘investing’ in the Black Community they should invest in the Black Speakers that make their events possible. Asking entrepreneurs, like me, to give my time for free… so that a multi-million pound corporate can demonstrate that they’re ‘invested’ in this area is just promoting a lie. I don’t need any more sandwiches or pats on my back for my achievements, thanks. I need to see corporates genuinely improving their black representation, especially in their leadership teams. I do offer my time to some companies for free though. I support small, socially impactful companies that support the black community like BYP Network recently. I’d do the same for Foundervine, Daring Capital, Team Up Hub and any other org that has social impact as it’s ‘why’. But corporates don’t exist to do this, they exist primarily to provide a return to their shareholders. So if they’re serious about also investing in black representation they should… invest. --- Join Journi if you're a black professional looking for support.
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During Black History Month, it is imperative for professionals across all sectors to recognize and understand the significant contributions of Black individuals in shaping the landscape of corporate America, especially within the Fortune 500 realm. This recognition is not only a nod to the past but a clarion call for the present and future. The presence of Black talent in the boardrooms of America's most prestigious companies is indeed a testament to their determination, skill, and expertise. Leaders such as Ken Frazier, one of the few Black CEOs to have helmed a Fortune 500 company, set a new standard for what is achievable for Black professionals. Their leadership exemplifies the importance of resilience and vision in overcoming systemic barriers to success. However, the current representation of Black executives within Fortune 500 companies tells us that the battle for equality in the workspace is far from over. The stark reality is that Black leaders are underrepresented. This calls for continuous advocacy for diversity and inclusion initiatives, along with decisive action to ensure equal opportunity at the highest levels of corporate governance and decision-making. It is our collective responsibility to support the next wave of Black professionals by celebrating the histories, stories, and lessons from those who have already paved the way. These narratives need to be shared widely—not just among the Black community but across all professional networks, to serve as powerful examples of accomplishment and possibility. In wrapping up, let us take Black History Month as a period of reflection, education, and above all, action. It's about ensuring that the paths to success are equally accessible for all and acknowledging the untapped potential that lies within the confluence of diversity and leadership. Join me in realizing that our shared future in business relies on harnessing the vast talents of every community. Let's build that future—now! ✨💡🔝
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