Interpublic Group (NYSE: IPG) joined the Center for Talent Innovation (CTI) in unveiling the results of a new study that examines the challenges faced by Black professionals. Being Black in Corporate America: An Intersectional Exploration surveyed 3,736 full-time professionals of all races, and found that today’s diversity and inclusion efforts are largely not working for African-American professionals. Serving as a sponsor of the study was IPG, a company with brands that include Acxiom, Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Craft, Deutsch, FCB (Foote, Cone & Belding), FutureBrand, Golin, Hill Holliday, Huge, ID Media, Initiative, Jack Morton, MAGNA, The Martin Agency, McCann, Momentum, MRM/McCann, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick.
The research demonstrates that Black professionals are more likely than White professionals to be ambitious, and they are more likely to have strong professional networks. Despite these assets, Black professionals hold only 3.2% of all executive or senior leadership roles and less than 1% of all Fortune 500 CEO positions, despite comprising 12% of the overall labor force in the U.S.
“We have long known that a truly diverse, inclusive and equitable culture is essential for us to succeed,” noted Michael Roth, chairman and CEO of IPG. “That said, the results of the CTI Study insist that we take a long, hard look at what we have been doing to study which of our programs are effective, and which need to be re-examined. At IPG, we poll our employees each year through our Climate for Inclusion survey to understand the effectiveness of our D&I offerings. This helps us address pain points like those uncovered in this research. At IPG, we will continue to focus on D&I, to ensure that our efforts are as effective as possible, that sufficient resources are allocated to them, and that they materially benefit all populations,” he said.
The study also uncovered that Black professionals are nearly four times as likely as White professionals to say they have experienced racial prejudice at work (58% versus 15%). Regional differences are stark: 79% of Black professionals in the Midwest say they have experienced racial prejudice at work, compared to 66% of Black professionals in the West, 56% in the South, and 44% in the Northeast. Representation of Black professionals in leadership still lags far behind graduation rates. Black people account for 10% of all college-educated people in the U.S., and have for over a decade.
“Underrepresentation of Black talent in professional, managerial and leadership roles is a persistent legacy issue for corporate America. Most companies, like IPG, are searching for more insights to turn around disproportionate under-representation,” commented Heide Gardner, SVP, chief diversity and inclusion officer, IPG. “Being involved in collective actions, including funding research like this CTI study, and tackling tough and uncomfortable topics is paramount for change.”
Being Black in Corporate America: An Intersectional Exploration found that, in the workplace, Black professionals are more likely to encounter injustices and micro-aggressions than any other racial or ethnic group. They are less likely than their White counterparts to have access to senior leaders and to have support from their managers. Yet few White professionals see what their Black colleagues are up against. Sixty-five percent of Black professionals say that Black employees have to work harder in order to advance, but only 16% of their White colleagues agree with that statement.
The study recommends that companies conduct audits of how Black employees are doing, and how they are feeling, and then take steps to address “mismatches in perception of racial equality” between employees of different races. Doing so will lay the necessary groundwork for the company’s diversity and inclusion programs to be more successful.
Review: Writer-Director Coralie Fargeat’s “The Substance”
In its first two hours, "The Substance" is a well-made, entertaining movie. Writer-director Coralie Fargeat treats audiences to a heavy dose of biting social commentary on ageism and sexism in Hollywood, with a spoonful of sugar- and sparkle-doused body horror.
But the film's deliciously unhinged, blood-soaked and inevitably polarizing third act is what makes it unforgettable.
What begins as a dread-inducing but still relatively palatable sci-fi flick spirals deeper into absurdism and violence, eventually erupting — quite literally — into a full-blown monster movie. Let the viewer decide who the monster is.
Fargeat — who won best screenplay at this year's Cannes Film Festival — has been vocal about her reverence for "The Fly" director David Cronenberg, and fans of the godfather of body horror will see his unmistakable influence. But "The Substance" is also wholly unique and benefits from Fargeat's perspective, which, according to the French filmmaker, has involved extensive grappling with her own relationship to her body and society's scrutiny.
"The Substance" tells the story of Elisabeth Sparkle, a famed aerobics instructor with a televised show, played by a powerfully vulnerable Demi Moore. Sparkle is fired on her 50th birthday by a ruthless executive — a perfectly cast Dennis Quaid, who nails sleazy and gross.
Feeling rejected by a town that once loved her and despairing over her bygone star power, Sparkle learns from a handsome young nurse about a black-market drug that promises to create a "younger, more beautiful, more perfect" version of its user. Though she initially tosses the phone number in the trash, she soon fishes it out in a desperate panic and places an order.
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