Monday, July 1, 2019

raceAhead: Here's How To Get More Women in Leadership

On culture and diversity in corporate America.

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July 1, 2019

Hello! Tamara El-Waylly, here. 


I've been thinking a lot about who makes it through the talent pipeline to the C-Suite, and why. Turns out, if we want a more diverse talent pool, we all have a role to play.


In case you missed it: This year's Fortune 500 had 33 women listed as CEOs. Sure, it may be the highest number ever, but 6.6% isn't exactly a total to be proud of. The disparity is simply representative of the fact that women still aren't afforded the same path to success that men are.


Despite the gender parity efforts by companies across the country, promoting female leadership isn't moving fast enough.


Working Mother Research Institute recently released a report  exploring exactly what obstacles are being overlooked. In a survey of 2,280 women and 749 men of different races, ethnicities, experience levels, and industries, the results highlight the different experiences of female and male professionals. 


Clearly, there's an information gap. In 2018, for instance, 48% of men polled said they were given comprehensive information about their career paths to higher positions. Just 15% of women received the same. And while 54% of the men received advice from a mentor, only 39% of women did. 


"[M]any women don’t know what career paths they need to get to the top, don’t understand the importance of relationships with mentors and sponsors, and are not encouraged to take on revenue-generating jobs that are often requisite for the highest levels of corporate America," said Subha V. Barry, President of Working Mother Media, according to a press release. 


On that last point: The study found that men are three times more likely than women to receive encouragement to apply for a role with profit and loss (P&L) experience—a crucial step for acquiring higher positions. And having that confidence matters: 80% of women who received such encouragement were more likely to try for a P&L position, compared to 51% who didn't. The lack of support for women is only exacerbated by the fact that there's also a dearth of role models for women to look up to. 


Because many jobs opportunities are discovered through connections, the fact that only 41% of women have a professional network to turn to—compared to 62% of men—clearly has an impact. Promotions come from that network as well, so it's not a surprise that men are two times more likely to move up the ladder.


The findings show that gender parity initiatives aren't focusing enough on helping female employees reach the top—and this gap grows when considering women of color. According to Working Mother's report, though, multicultural women have higher aspirations: 48% stated their goal was to reach the C-suite level, compared to 37% of white women. They're also twice as likely to aspire for a CEO position, and are more dissatisfied with their position levels, the findings show.


But the bar remains higher for women of color. One woman is quoted saying in the report, "We have to work harder. It keeps coming back. There is a real difference in expectations." 


On Point


Thirteen-year-old Kiya Bruno performs the Canadian anthem for Toronto Blue Jays fans in Cree
Bruno is from the Samson Cree Nation in Alberta, and a beautiful singer in any language. But performing O Canada  was a ground-breaking moment for fans of baseball and representation alike. Bruno was picked from hundreds of hopefuls and her performance was part of a spate of activities to acknowledge Canada's National Indigenous Peoples Day which fell on the day the Jays played the Kansas City Royals. Wearing a Blue Jays jersey, she sang the anthem in both Cree and English. "I'm so excited. I'm so excited for our young people to really get out and sing in their language. And to have all of our people celebrate this day with us, it's priceless," Lorraine Cobiness, chief of Niisaachewan Anishinaabe First Nation in Northern Ontario told CBC News. CBC


Lil Nas X ends Pride Month on an out note
In a cagily worded tweet, the rapper asked his fans to go listen to a recent track for an important clue. "[S]ome of y'all already know, some of y'all don't care, some of y'all not gone fwm no more. but before this month ends i want y'all to listen closely to c7osure," he said, ending with a rainbow and sparkle emoji. While it took a minute for most folks to realize it was a coming out declaration, a lot of love flowed his way once they did. Click through for the lyrics and video that hid his identity in plain sight. Complex


Civil rights group to Facebook: You're not getting the job done on hate speech
Yesterday, Facebook released the first major update as part of an ongoing audit of their work addressing civil rights and hate speech on the platform. "The audit is intended to create a forum for dialogue between the civil rights community and Facebook with the goal of informing the company's examination of critical areas of concern," the company said in a statement. Experts remain concerned. "A real civil rights audit should tell the public exactly where the deficiencies in removing hateful activity and hate content creators have been found and how they can and will be closed. The document released by the company falls far short of that need," says Henry Fernandez of the Center for American Progress. Click through for more critique, it's a bracing read. Gizmodo


Model Bella Hadid removed from ads following controversial social media post
She calls it an honest mistake. The model posted an Instagram photo showing her outstretched leg pointing toward an array of Saudi Arabian and United Arab Emirates airplanes. The problem: The planes showed an image of the country of origin's flag — and pointing the sole of the foot toward someone is considered an insult in many parts of the world. Other social media users have been posting pictures of them throwing away Dior products with the hashtag #BellaHadidIsRacist. The model, who represents Dior in advertising, has apologized repeatedly. In response, Dior has removed ads which use her image from The Dubai Mall, and the Mall of Emirates has canceled a planned event with Dior over the incident. Design Taxi


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On Background


There's trouble in the bird-watcher of color community
At the center of the controversy is a YouTube series called "Birds of North America" hosted by a charmingly earnest naturalist named Jason Ward, who grew up poor and often homeless, in the South Bronx. (His love for birds was sparked by a random peregrine falcon encounter.) At roughly the same time, Rolling Stone released a similarly constructed YouTube show called  "Birding With Charles,"  which also features a black host with special guests. But the Rolling Stone series, which is clearly playing for laughs, traffics in stereotypes offensive to birders of all hues, but black ones in particular. Rolling Stone says the similarity is coincidental, but Anna Holmes, the editorial director of Topic.com which produces "Birds of North America," says it's still a problem. "It's very important to me, and has been my whole life, to underscore that people who engage with natural world — campers, hikers, birders — are not just white people who wear Patagonia," Holmes said. (In other news, Jason's show is a delight.) New York Times


Why busing "failed"
Matthew Delmont, is a Dartmouth history professor and longtime expert on school busing in the U.S., skipped the second presidential debate. But his book, "Why Busing Failed," suddenly became relevant again. "I was really surprised that school segregation came up as an issue," he said of the now famous exchange on the subject between Joe Biden and Kamala Harris. "It hasn't shown up a lot in the last couple presidential cycles." In this Q&A, he starts by addressing the idea that the federal government shouldn't have a role to play in school integration. "This sense that communities should only desegregate when they locally decide to do so is farcical," he says. "It demonstrates a complete either lack of knowledge or willful misunderstanding of how race and school desegregation played out in the country." Busing as a tactic to help kids of color largely succeeded. But as a political calling card, the term has been an abject failure. Chalkbeat


On being a black editor-in-chief
In this excerpt from her must-read new book, Elaine Welteroth, the former editor-in-chief of Teen Vogue , describes the pitfalls of being a powerful person of color in a majority culture media environment. It begins with a peek at the "POC C-suite sisterhood" and the first million dollar deal she brokered for the magazine, with marketing great, Bozoma Saint John. (Some of you may be tempted to stop reading there, the scene was that magnificent.) But her white employees or peers often felt triggered in the face of the progress she was making with powerful, black stakeholders. It felt like a takeaway. "This is your ticket. I saw it in their eyes," one business side executive told her after a successful meeting. "They would do anything to support you. It's just, that would never happen for a White girl like me." Zora on Medium


Tamara El-Waylly helps produce raceAhead and assisted in the preparation of today's summaries.


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Content From SAP

How is our hustle culture affecting our mental health?
Experts explain what our obsession with constant work is doing to our well-being, and how to break the toxic cycle. Learn more


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Quote


"Thirty years ago, when I started working—literally the chances of me making it were worse than minuscule. We should be saying 'hooray' to the people of Xerox. We should be giving them a medal."

—Ursula Burns


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FORTUNE Data Sheet: An education start up wasted almost $200 million

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July 1, 2019

The exceedingly well-funded San Francisco education startup AltSchool announced a seemingly inevitable "pivot" last week. It is turning over its few remaining schools to an organization with experience educating children. At the same time it will rename itself Altitude Learning and become the thing it avoided from the git-go, a technology company. That company also will be run by career educators, which AltSchool's founders are not. (Fast Company has a good overview of the changes.)


I wrote more than three years ago that I was intrigued by AltSchool because of its innovative approach to educating kids. At the same time, I noted the arrogance of the ex-Google employees who started AltSchool for thinking they could experiment on children. Then-CEO Max Ventilla compared AltSchool to "flying the plane while we're building it." My observation at the time: "No one in their right mind would tinker with an airborne plane. Yet AltSchool asks parents to pay for the privilege of supplying their children as guinea pigs."


The experiment didn't work. There's no shame in that in Silicon Valley, whose well-documented ethos celebrates failure. Then again, the era seems to be passing when reasonable people will believe that just because someone made a bunch of money helping commercialize a revolutionary information-searching algorithm that they have a chance in hell of reforming education—or some other unrelated field.


I also can't help but wonder what might have happened if the founders of AltSchool had figured out a way to spend the nearly $200 million in venture capital they raised to improve education in the public schools in the cities where their company operated rather than trying to change the world with technology.


***


The Wall Street Journal reported late last week that China's Bytedance, owner of the popular app TikTok, "considered" buying Snap (worth $19 billion) and Twitter ($27 billion). Fortune's Eamon Barrett wondered recently if TikTok can make money, let alone buy massive rivals.


***


Please excuse any glitches you may notice today on our web site. As part of Fortune standing up as an independent company, we’ve switched over to our own hosting platform. The end result should be a speedier and (finally) more secure site, but there could be a few gremlins in the attic today.


Adam Lashinsky @adamlashinsky adam_lashinsky@fortune.com

NEWSWORTHY


Waiting to exhale. The tech sector can breath a sigh of relief, one which will likely inflate its stock prices, as President Trump and Chinese President Xi put off imposing any additional tariffs on trade between the two countries. That's fortuitous for Apple, which not only avoids higher prices on the iPhone but also just moved production of its high-end PC, the Mac Pro, from the United States to China.


It's OK if you're clueless. That hot Wall Street Journal story we linked to on Friday accusing Advanced Micro Devices of transferring key supercomputer technology to China may have been a little too hot. AMD says the story had "several factual errors and omissions and does not portray an accurate picture of the joint ventures." Monday's new, hot Journal story says departing Apple design chief Jony Ive has missed a lot of meetings and flopped a bit over the past few years.


Getting to happy. Online retailer the RealReal went public on Friday and its shares jumped 45% from the initial offering price of $20. The site's gross sales of "pre-owned" and post-authenticated Gucci bags and Cartier necklaces exceeded $224 million in the first quarter, up 42% from last year, though generating a net loss of about $23 million.


Disappearing acts. The government of Iran was not kidding around when it banned bitcoin mining in the country last year. The government closed down two mining operations in Yazd province which allegedly caused a 7% jump in Iranian power consumption in June.


How Stella got her groove back. They apparently need to de-ice a lot of things in Scandanavia. So Norwegian startup UBIQ Aerospace is building drones to break up the frozen stuff. The company said on Friday it raised seed funding from James Murdoch's Lupa Systems and a local accelerator fund.


(A Monday morning headline reference explainer plus beach reading list.)


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FOOD FOR THOUGHT


Last week's Data Sheet essay about Microsoft's ban on employees using rival messaging software from Slack brought some pushback from readers.


Several of you wrote in to defend the practice of developers relying solely on their own apps. "Companies should use their own products to show they use what they sell, to test and improve their own products, and for the obvious financial reasons of using your own products versus buying (or giving your data for the free ones) someone else's product," one reader noted. Another put it more succinctly: "If you don't eat your own dog food, it will never be competitive."


There was also some disagreement with my assessment of Yahoo email after Marissa Mayer required all employees to use it. "Beg to disagree, Yahoo Mail was *much* better for it–night and day according to our users and many long-time Yahoos," wrote a reader who might know something about the subject, Marissa Mayer.


IN CASE YOU MISSED IT


What Jony Ive's Departure Means for Apple's Stock By Anne Sraders


Spotify's Pre-Save Feature Gives Record Labels User Data, Account Access By Xavier Harding


Queer Eye's Antoni Porowski on Netflix, Social Media, and Opening a Restaurant By Rachel King


Chef Marcus Samuelsson Wants to Redefine Cookbooks Through Audiobooks By Rachel King


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BEFORE YOU GO


There are many crazy days in sports, but I'm not sure many could rival Sunday night's start of free agency in the National Basketball Association. Some of the best players in the NBA were on the move and it's gotten quite difficult to figure out the favorites for the upcoming season. USA Today's Charles Curtis took a stab at picking the initial winners and losers. Read it and weep–or cheer–depending on the verdict for your favorite team.


This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.


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