By
Bain & Company
Summary
Finance and professional services roles are among the highest-paid and most influential jobs in the UK, yet analysis by the Black Talent Charter (BTC), produced with support from Bain & Company, reveals these sectors to have among the lowest proportions of Black representation in industries across the UK economy.
BTC Opinion
This research is a stark warning that the commitments made in 2020 are yet to translate into systemic change. In fact, the data shows that we're actually moving backwards, with business failing to keep pace with the rate of societal change. Improving pathways is essential but insufficient in isolation.
By
The Parker Review Committee
Summary
The 2024 Parker Review is a comprehensive expansion of scope from previous reports, going beyond board directorships to include key senior executive positions and the UK’s largest 50 private companies. The Review has invited businesses to set their own targets for the end of 2027 for the share of ethnic minority executives in their senior management teams.
BTC Opinion
The business case laid out in the Parker Review is clear; improving diversity enables a company to reflect their stakeholders, achieve better business outcomes and enable overall positive change. In times of economic uncertainty, when budgets are being cut and profit margins falling, equity must remain a business priority so as to ensure long term success.
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