Black in corporate America: Making room for leaders, willingly or not
The reality of being Black in corporate America: Out of the 500 biggest companies in the U.S., less than one percent have a Black CEO.
Let’s stop for a moment to discuss the elephant in the room that’s been quietly talked about in cubicles, office cafes, and boardrooms for as long as the term Silicon Valley has existed.
With the sheer volume of highly talented and qualified employees, why aren’t there more Black senior-level executives in the heart of the tech industry?
I’ve been fortunate to work in tech for the past 25 years with some of the most successful companies in the world. Ten of those years have been at the VP or SVP level. While I’ve thoroughly enjoyed my journey, it’s had a number of pitfalls, unnecessarily long promotion cycles, and stress that nearly cost me my life due to a stroke.
What’s behind the racial disparity of Black executives in Silicon Valley? And what steps can be taken to address it?
The reality of being Black in corporate America: Out of the 500 biggest companies in the U.S., less than one percent have a Black CEO.
Despite comprising roughly 13% of the population in the US, Black Americans hold less than 1% of executive positions in Silicon Valley’s leading companies. This racial disparity can be seen across the tech industry as a whole.
The underrepresentation of African American tech executives is a multifaceted issue that must be addressed in order to achieve a more diverse and equitable tech industry.
Here are some of the reasons behind the racial disparity:
The Black experience in tech encompasses many difficult truths. From woeful underrepresentation to unconscious bias to outright racism, the only way to make change is to start discussing the realities honestly and openly.
Despite the increasing diversity and inclusion efforts in the tech industry, racial disparity persists and the number of Black tech executives remains low.
This lack of representation not only perpetuates the underrepresentation in leadership positions but also perpetuates the lack of diversity in the technology industry as a whole.
We can’t continue doing things the way that they have always been done yet expect a different outcome. Companies should take steps to increase diversity in the pipeline, by doing things such as investing in programs that encourage young Black students to pursue careers in tech.
Silicon Valley companies need to actively work towards creating a more inclusive and equitable workplace.
The brain processes images 60,000 times faster than text. If a picture is worth a thousand words, what’s the value (or damage) of the words left unsaid? Only by imagining a future that's better for all of us can we begin to build a world that's inclusive of each of us.
The underrepresentation of Black executives in Silicon Valley is a complex problem with no easy solution. But some companies are taking the right steps to tackle racial disparity and increase diversity at the executive level.
Changing the norm in Silicon Valley requires a multi-layered strategy that’s not viewed merely as a diversity, equity, inclusion & belonging (DEI&B) program or statistic. Rather, it’s the creation of a culture that truly values and promotes diversity and inclusion.
By taking these steps, together we can work towards a more diverse and equitable tech industry.