D&I Weekly News Round Up: Inclusion, Racial Bias and more
Welcome to the latest edition of our Diversity & Inclusion News Round-Up. Today we are talking about Dell’s plan to have 50% women in their workforce, racial bias in the US healthcare system, Nike’s latest video featuring Caster Semenya and why investors penalize companies for adding more women to their boards.
Very interesting article from researchers at INSEAD. According to the latest research looking at over 1600 companies, increasing the number of women on a board can result in a decrease of the company’s market value. The researchers said that this is not because of companies not performing well – but a likely explanation is that investors are penalizing them because they assume that the companies care more about diversity than shareholder value maximization.
Dell, who has over 157,000 employees, announced that they are planning to hire, develop and retain more women so they will account for 50% of their workforce by 2030 (up from currently 30%). The company is also planning to have 25% of their workers in the US come from minority backgrounds (up from currently 13%).
Very interesting article about racial bias. Mortality rates related to prescription opioids are much higher for whites than African-Americans in the USA – and the reason for that is, according to researchers, racial stereotypes. Historically, African-American received fewer drug prescriptions because doctors believed that they would sell them, become addicted or simply assumed they had a much higher pain threshold than white people (a stereotype that still persists).
Nike just released “Birthplace of dreams”, a film celebrating the life and achievements of the South African athlete Caster Semenya. Caster has faced a lot of challenges in the past years with critics saying that her condition, hyperandrogenism, is giving her an unfair advantage.