How Diversity Became a Dirty Word in Corporate America
From the US Supreme Court ruling ending affirmative action in college admissions to the controversy surrounding Claudine Gay’s ouster from Harvard, backlash to diversity, equity and inclusion is on the rise. Right-wing figures like Elon Musk and Stephen Miller are leading an “anti-woke” charge that threatens to undo gains made by people of color in the wake of George Floyd’s murder and the Black Lives Matter protests. The Fearless Fund, a venture capital firm helping women of color, is one of the latest targets of litigation.
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Characterizing this only as an attack by conservatives is a little disingenuous. I'm a democrat and personally, I think DEI has made a caricature of itself, resulting or at the very least contributing to its own demise. If you've taken any mandatory corporate DEI training, you'll know exactly what I'm talking about.
imagine paying for this propaganda
Yes hiring by skin color is not racist at all
I want to see blacks only NBA or NFL, Asians only NBA or NFL ,and so too for other races. If talents and hard work mean nothing than why bother competing or work hard at all
Sarcasm fail
That's sport 😂@@newmannewmanz7110
No, you dont get it we dont hire by skin colour we hire by blablabla
It would be if that was the only criteria or only thing being considered but it isn't
As an European watching This is clearly propaganda 😂
European here. This is soooo true that it's almost funny
An ideal example of diversity in a workplace, according to my studies in America, would be to hire locals or those educated with their respective fields; you wouldn't put some person born and raised in London in charge of managing Chinese workplaces, you would put someone in charge that knows the culture or grew up there. Diversity tends to be take to the extreme, reduced to a mere check box to appease onlookers at the cost of business performance.
as another european, i agree
The propaganda is real.
Europeans…🙄
Who's here ONLY for the comments?🍿
A reminder of how important it is to seek information from sources OTHER THAN KZhead comment sections. Not the best nor the brightest here 😂
@@jm2307 Not really here for information, more like subversive entertainment😝
Everyone. This propaganda just like during the decline phase of communism in USSR, is not made for audience anymore... You have some people involved and gaining personal profits from producing it. I do not think it Democrats gaining any votes form it an this point...
@@jm2307actually it should be a reminder of how nobody supports affirmative action
Woke youtube censors most of the comments, they are either removed by Google/YT or cannot be seen by viewers.
It is ridiculous to think that when the population of black people is 13%, every company's management should be 13%. The same idea is that when there is 100 applicants for a job, 90 men and 10 women, they should hire 2 men and 2 women. No, it should not be like that, but rather the best applicants to be chosen.
stop making sense it's not the time.
relax buddy statistics are racist
@@r3dp1ll It is getting close though, just let it cook a bit more :D
Well, yes. But there certainly is an argument to be made. Statistically, employment in different sectors should be spread relatively equally across race in a perfect world. We're all equal for most part. The question is whats holding that back and what could you do.
@@sebastianorye2702 A prime example of how diversity should be used would be how you would hire locals of your targeted group; you shouldn't hire someone completely unaware of a local area, and move them across the country to manage operations for the local area... same for bringing people overseas instead of hiring locals of a business... you would also seek to hire some overseas personnel and move them back to your country, to advise operations... real diversity is sound and logic based, with some other parts to it, but otherwise basic.
Bloomberg editors are so happy that youtube no longer displays likes.
if you use firefox (others should something have similar) you can instal an add-on called "Return KZhead Dislike". at the time of writing, the score was 308 up to 1.1K down...
So far there are: *590 likes* and *2.6K dislikes.*
And now: 656 likes 3.2k dislikes :D
And now *677 Likes* and *3.6k Dislikes*
how are yall seeing the dislikes?
Hiring by diversity is how you get racism. Hiring by skill despite race is the way to go
Wrong
wonder why we only had white male presidents if skill was the only way to go.... This has to be a joke. Lack of accountability ... Murica
@@tienouchoufool
@@tienouchou"Wrong" 😏😏😏 Then also show the knowledge and gumption to explain what is right. Nobody is interested in your blanket dismissals.
can you ensure that race had no influence on the skill. can you ensure that race was not a factor in hiring. can you ensure that race was not a factor in referrals
It’s not just the right that’s sick of this 😂
exactly, liberals don't get it
I don't understand it. We once agreed that we want to treat all people equally and that skin color, religion and gender are irrelevant. The solution we have now chosen for equality is not to treat people equally, but to give them preference on the basis of skin color, religion and gender. That is madness.
Exactly. It seems people are starting to catch on though, and it seems some are damning their careers for when society starts correcting itself again; there is one person who actively promotes racism against white people, who is a consultant to several game companies that likely won't have a career in a few years, or any ability to work at a decent job due to being so openly racist.
Equity.
Its liberalism, brought to you by your local democrats!
@@sweetsendaedreamr Yes. Equity is another word for discrimination.
@@sweetsendaedreamr Equity, wokery, all terms that need to be banished to the dustbin of history. Time to bring back equality.
It's not okay to discriminate against Whites and Asians in order to assuage historical guilt.
What is the state of Israel 🇮🇱 if not so?...
What guilt? I'm white and am proud of my ancestors achievments. No guilt.
DEI for virtue signaling and losers
Ok, great statistic bias: You show chart of management where 75% of managers are white, and you point to imbalance in Black people being 6% while population consits of 13% black. Despite the white ratio actually being correct... and offset is caused mainly by asian people Why not point out that per 6% of asian population 13% of them are in managerial role too... i'n america that's 75% white? Ah right... that doesn't fit the narration.
Saying they represent 13% of our population so saying 13% of those ceos should be black is insane.
75% of management is not "white."
though meritocracy should be above everything, they should show how people of these groups are eliglible for the position
DEI is fundamentally about discriminating by skin color, not by socioeconomic conditions during upbringing which is what the nation should be adjusting for. Measure what you care about, like zip code or median income of household during childhood, don't use skin color as a proxy for it.
No dei is about giving the opportunity to millions who were thrown out of wealth creating opportunities for centuries. The system was biased against them so they now are being given opportunities to reach where others are aldready their
DEI for NBA or NFL, no one talks about that
HAHAAHHAHAHA. You don't follow the NFL do you? THEY LITERALLY GIVE OUT EXTRA DRAFT COMPENSATION for hiring minority coaches and GMs.
_In addition, an amendment added to the collective bargaining agreement in 2020 allows teams to gain a special compensatory pick in the third round if a _*_minority employee_*_ is hired by another team as a head coach or primary football executive._
I want to see more 5 foot Asian b ballers
+1 on seeing short Asians in the NBA haha. Never going to happen but I would love to see it. You can be an amazing baller but all things considered it’s hard to overcome height and size disparities. Fact is that there aren’t a lot of 6’6”Asians. That’s why you see more Asians in baseball where pure physical size is less of a factor
Right, no one talks about how if most the hiring staff are white, and most of the coaches are white, and the owners are white, and the sponsors are white how is it most of the players are black?
yeah. its a 'dirty' word in corporate america and not constantly promoted or anything.
"Diversity is our strength"... when they say that I have NO idea what they are talking about or how that is actually a strength.
Meritocracy is the way to go! It has always been! Either you have knowledge and skills or you are a failure!
And how is that working out for America? Last time I checked we have millions of homeless, millions of violent incidents, and millions of drugs.
Whatever happened to hiring conscientiousness and reliability, and then training the skills needed? If my specialist chemical engineering employer had to hire the skills they need from applicants, there would be a few dozen qualified candidates nationally.
@@LikeLikeLikeLikeLicause Democrats encourages that. Instead of punishing criminals, they punish citizens who want to protect them self. Instead of giving money to those who work, they give money to illegal immigrants
You're so much for meritocracy that you have gerrymandering so that your low value policies can stand a chance. Since when someone who has talent cares with dei?
The issue is there isn’t ‘fair’ meritocracy no matter how much we say there is. If there was complete ‘fair’ meritocracy then DEI does not have to be a thing. The fact is if 2 employees with the exact same skills and experience but ones name is John Smith the other is Abdullah Ali, Statistics show John is more likely to get hired
When you seek equality over liberty, you end up with neither. -Milton Friedman
For those who can't see dislikes, this video has 742 dislikes and only 228 likes. Says a lot lol
500 likes 2.5k dislikes as of now
591 likes. vs. about 2,636 dislikes（82%）as of now :)
how ???
wait how do you see this?
@@micheljordan123 "Return KZhead Dislike" addon for browser
Stop DEI
dei is nothing but work place integration. of course you would be against that
@@Billiepippen says who?
@@Billiepippenit’s not workplace integration lol. Hiring someone based on race is not integration.
@@estebanperez4171 of course you get to make all the rules. wonder why...
@@Billiepippen care to explain?
Your Clown Show is over and we couldn't be happier.
It is interesting how the campaign for diversity is only for people's own race. I think this is where the disconnect is for a lot of people.
If in some alternative universe, if your CV was not allowed to include your name (hence no ethnicity indicator), then I'd imagine the Asian population would have far more students accepted into ivy leagues and also in prominent managerial positions.
That's already the case with management. Most american big tech is run by Indians.
@@theonlycaulfieldnot enough Only 20-30
@@TheAlchemist1089 Indians are currently overrepresented in big tech as a percentage of population, not under.
@@theonlycaulfield because core tech is mostly a meritocracy DEI is only for HR, sales and finance teams My argument is that all roles should be based on merit
@@TheAlchemist1089 Hmm 🤔But these policies come approved from senior management. Why would they want spoil the "meritocracy" that got them to the top & oust their own?
I support inclusion and equality. No one should be locked out of a political system or lose opportunity due to skin color in America. However, it is time to be honest here. I grew up in a city and certain ethnic groups worked hard even at very young ages to position themselves for career success and I mean some worked very hard. Other ethnic groups did not place the same value on education. The members of that second ethic group who chose to put in the work were rewarded with a career. Sometimes just analyzing lagging data places too much blame. There are a lot of factors for why numbers appear the way they do that extend beyond racism.
"Other ethic groups" , you mean blacks ?
Problem is it's being abused
Lets be all the way honest..... Most ethnic groups did have to deal with laws specifically targeting them and locking them out of economic opportunity. America never dealt with that and the historic impacts economically still show today and why so called DEI programs existed in the first place. America has never been accountable. Cant say pull yourself up by your bootstraps and a ppl do so and then you move the goal post. I would implore anyone to read "The color of Law" book by Richard Rothsetin.... that's damage only one ethnic group in this country has faced. Further more, when an ethnic group places education at the forefront after building up schools they couldn't get in (Harvard, UGA, UNC, Georgetown and on and on..), they started their own schools and of course the funding wasn't equal (Jim Crow). So much that is not taught (see ron Desantis rules on teaching history, Murica) and then you have these narratives.... Interesting..
It should be implemented in the NBA too😆😄🤣
diversity is important but don't undermine the actual talented people
DEI for NBA and NFL, b&w is not diversity
Talent is more important than diversity or skin color, you don't want Manny Pacquiao or an Indian guy in NBA or NFL for diversity purpose
Dude - have you ever hired someone? Everyone basically has the same qualifications.
Hire based on merit, not unrelated traits... skin colour or country of origin doesn't matter.
but what if those with talent got it fron an unfair system that favors giving resources to one group over another. if you just pick the best person in those circumstances you end up with a kind of caste system and you know that. that's what you really want.
Merit>>>>>diversity
so no matter how hard i work or study, that is not enough? I must be the right colour as well?
Preferring someone because of a race quota is just ridiculous in non woke countries. What happens if a company doesn't obey the quota? Do they get fined? Or looted by some social justice vigilantes?
They get canceled on twitter
Here just for the comments and to know what opinions the followers of Bloomberg Originals have. Clearly DEI is not in favor.
The shoe at the other foot is one of the best ways to move forward to be honest!! Thank you Bloomberg for making this video
Banks, employers, financial institutions, etc. should not reject - nor accept - applicants on the grounds of their demographics. Everybody seems to agree on that general principle, but each faction wants it applied only when it benefits them. That's the problem.
If corporate America was bigoted, guys like Sundar Pichai or Satya Nadella or women like Indra Nooyi or Carly Fiorina would never have led those massive corporations. Dont undermine Meritocracy.
artificially fitting employees to match a census instead of hiring based on merit is otherwise racism, this is no different than race-based quotas. Current system already favors minorities- it favors asians who are overrepresented in the professional fields... but because it's not the "right kind of minority". But asians who obtain executive positions succeed based on thier enterprise and skills. In fact, the success of asian-americans sharply disproves the idea that there is some kind of "collusion" to maintain "white supremacy" when a minority group is able to succeed so strongly. Stick to race-blind hiring and it will be fair.
It's not accurate to completely disregard wht privilege but I fully agree with how they see it as *"not the right kind of minority".* It's sickening how she gets away with saying "blk women & women of color", shamelessly placing themselves first. Do the rest of us not exist for her? "Of color" also has a controversial past, I bet she knows it and uses it on purpose to separate her own from the rest of us.
Marc Cubans top paid personal are majority black, and the roster of the mavericks does not look like the countries average
But can you prove he systematically discriminated against other racial groups when hiring them? That’s the point of what is trying to be avoided, not simply making every company an exact replica of society’s diversity at large.
Since when talented people care with dei? Their talent alone makes them indispensable, what you see are a bunch of people with inflated egos scared their easy job to be taken away
Wall Street: We aren't going to hire you based on race Also Wall Street: Why are the people we discriminated against upset?
if you speak against these policies, you get a letter from HR, no wonder 80% people like it.
Coming soon: NARWA - National Association for the Advancement of White Peoples
Isn’t that basically the US government for the last 250 years?
it's not workplace diversity. it is work place segregation. it is no surprise the people who thought social racial segregation was ok also thinks that work place diversity is bad also. work place diversity is workplace integration. these people are openly fighting to maintain segregation in the work place in 2024.
All they see is skin color... They mention meritocracy, say that some people/companies are worried about meritocracy not being the main criteria... and then they go to other topics, without discussing WHY diversity hires are NOT meritocracy and WHY meritocracy should (not?) be the main basis for hiring. They end with the prediction that in a few decades, the majority of Americans will be people of color. Yes. So? The most competent Americans will be hired for the jobs, regardless of their skin color. Why hire less competent people today, colored or white?
White women benefit the most from affirmative action just had to mention that because people tend to forget that!
Why is Diversity a Dirty word? Because DEI - as it has been implemented in many businesses - has done nothing but force managers to hire and promote, not the best overall candidate for a role, but the best from some filtered list. Prime example: 0:35 - explaining this as anything but racism is impossible. Its pretty sad (and ironic?) that DEI has been separated out rather than being an inherent concept in US business culture. Not sure how to fix the issues we have, but the way DEI has been implemented is the problem, not DEI itself.
In South Africa and Namibia , where they had apartheid, it is called Black Economic Empowerment(B.E.E). It shows that you can’t tip the scales of advantage with policy, the only way is to organically create equal opportunities, and that takes time. In the long run more “people of color” (ghastly term for “the rest of the people”) can build wealth too.
in south africa 7 million people pay taxes and 23 million rely on welfare
It's a euphemism for race-based hiring. It's also presented to employees in a way that clearly threatens them for identifying the token hires.
If you can do the work well, you should be hired to do the work. Whether your skin is dark or light doesn't enter into it at all. Or shouldn't.
4:55 why do either of the graphs dont add up to 100?
There is this wonderful thing called the internet. Becoming like the lost art of reading books, you can type in and search for things. You don't need a video to spoon feed or answer your questions (or some AI bot). Then, you can spend 2-3 min on the official US census page figuring out how they aggregated their data.
"*Hispanics may be of any race."
@@HKim0072 some people are more interested in questioning than getting an answer
And the graphs and arguments doesn't make sense at all... Whites are 76% of the population and holds 74% of top job, while blacks are 13% of population but holds 6% of the top job, meanwhile asians holds 14% of top job with 6% of population... So does this mean we should fire Asians and give the top jobs to blacks and Hispanics and also based on that argument, we should also increase 2% for whites if it's based on population senses... It simply doesn't make sense, and this is totally a bs vid
They manipulate it, that’s why they don’t teach critical thinking
Compagnies don't care about your color, it's all about how much money you can bring them.
DEI = Discrimination disguised as fixing discrimination. Hiring the best person for the job based on performance metrics = the least discriminatory method.
What ever happened to hiring on the merit of education, skill, and work experience?
Blacks couldn't compete
@5:19 you need to step up your arguments strength. Just saying “ clearly we don’t have a meritocracy ” is not evidence that we don’t have a meritocracy. You really need to strengthen that argument.
"Why the business of blackmailing companies into paying for scam consulting gigs became a dirty word." Bloomburg is so helplessly out of touch from its readership it is astonishing.
Trying to end racial sorting through a policy of racial sorting. Yeah, why would anyone object to that?
Diversity video , que Hip Hop beats. Lol
Why nobody calling for the diversification of professional basketball or track & field ?
Strawman argument, get athletes with better genes and training. In actual workplaces, if 2 ppl with same qualification applies, the one with a name like Smith will be employed instead of an Ali.
While other countries cling to the stale past, here in America we breathe life into dreams,” Reagan said. “Thanks to each wave of new arrivals to this land of opportunity, we’re a nation forever young, forever bursting with energy and new ideas, and always on the cutting edge, always leading the world to the world to the next frontier. This quality is vital to our future as a nation.”
Diversity is not the dirty word It's the mandating of it.
It's weird as a European watching this. Both the right and the left of the US is so obsessed with skin color it's freaky AF!
And Europeans are not?
@@bostonluyasar7045 Not as much as you. Stop polluting Europe.
Organized DEI seems to br racist.
Could be root cause be IQ?
*Breaks laws* "Being harassed by litigation is what oppression looks like!"
I like the mental gymnastics from minorities to under represented minorities. Since some minorities are high achieving.
The elephant in the room that shoots DEI in the foot is Asian over representation.
The way I see it, wealth and prosperity is like a race. Early in the race, white people in America effectively broke the leg of people of color. Midway through the race, the white runner realized that breaking the colored runner’s leg at the start was bad, so now the white runner considers the colored runner their equal with equal rights and opportunities. The issue with the white runner’s way of thinking is that the colored runner still has a broken leg. The two runners are not equal. The colored runner’s leg must be healed to truly make the race equal. However, the white runner believes that is unfair since they themselves are not getting their perfectly fine leg healed… Go figure
Meritocracy is important and certain quotas may not be the effective to get the most talented people from a society in the academic or work places they need to be BUT is funny how people in the US uses meritocracy as an excuse to attack policies that avoid segregation and exclusion in a country that was one of the 5 states in the whole world with a barbaric active apartheid in the last 100 years (The others were Germany with moustache man, Namibia, South Africa and Zimbabwe). Those policies are still affecting people today and would probably will in the next generation…
DOWN WITH D.E.I👎🏿
"The stats in the area of funding for black women and women of color are alarming. Women of color combined, black and brown, receive 0.39% of venture capital funds." "That is disturbing when women of color make up 20% of the population." I'm not a math genius, but 20% of the population does not mean that all said 20% of the population is in business, or has a business plan that requires VC funding, or gets to present it to a venture capital firm, or gets approved, or requires a number that makes a bigger dent on all total VC funding. It's simply not how the math works. One cannot just expect VC firms to chase people who never applied for VC funding and give them VC funds, without their need fitting criteria, just because they are exactly 20% of the population. To affect a change in these numbers, it will help to start training black and brown women who are in business (perhaps a small portion of that 20%) to learn how to seek said funding and get approved for it. Am I wrong?
You are not convincing us of what you are trying to sell
For those unaware this video has 4.2k dislikes. Probably because it is trying to portray DEI as better than merit hiring. The better discussion is to ask why consider ethicity at all unless say you run a business that works with France and hence need someone who speaks French or some similar scenario.
How are 13% of Board of Directors supposed to be Black when only 3% of Regional Managers are Black? The talent pool is limited meaning you have to pick less qualified candidates to meet the quota. Its not a company’s fault that Black people are underrepresented its a society issue.
It’s called competition anxiety 😊 threatened by diversity because the competition is hot. They would love if we stay in the labour market. Sharing the salary of one COO Amongst 14 positions. People start your own business then the competition will really be hot for these companies.
is it an attack on a culture that has strong family values?
as an asian its hard to agree with DEIS that perpetuate a stigma that barr asian americans from entering workforce/ education based on meritocracy to incorporate other minorities; however, it is also hard to say that meritocracy is what drives the american hiring process. Most, if not all jobs that are high level are all referral based. This is hard for african americans and others to get these jobs as they werent allow to get that head start in the first place unlike their white counterparts. This is also true for asians but at a lesser level - the 13% of asians being managerial despite being only 6% of general population perpetuates this referral based rather than meritocracy based.
since ''diversity hire'' became synonymous with incompetence
DEI vs. DIY
US is hardly ready for anything other than WASP. This is a nice hypothesis to test that’s one reason USA is losing persuasion in foreign affairs or that P is a liability for the country…
DEI and ESG are collectivist / socialist ideas. Instead of lowering the bar for some, we should ensure they have the skills to compete. Meritocracy improves economies!
Thank goodness sanity has come back to the conversation. Covid had everyone's brains frazzled
Não existe e nunca vai existir sociedade perfeita, tenta criar empatia é ridículo... o mundo é mal e caótico!
2023 US general population 75.5%+19%+13.6%+6.3%=114.4% Am I doing math correctly? If so than how management roles in 2021 was 74%+14%+6%+5%+2%=101% How could mathematics change so much in the span of two years?
for those who can't see the dislike ratio, at 18th march is 500 likes to 2100 dislikes
20th march 575 likes 2700 dislikes
Diversity became a dirty word since people started using the word inflationary and for every single discussion or conflict. At the same time i want to adress that diversity implies some level of separation which at least from my values offends the american constitution. Another point is we need to guarantee equal rights and freedom for all citizens and furthermore humans in general. But please dont make a fuss out of every single bullsh*** just because of some academic policy discussions while the reality of alot of people is completely different to the privileged college life.
So far there are: *590 likes* and *2.6K dislikes.*
As an Asian watching This is clearly propaganda
this is propaganda
i need to buy: 1 food 30 2. movies 30 3. allergy medicine 30 for zyrtec and 4. 30 for transportation!!!!!!!!!!!!!!!!!!!!! 120 dollar total!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
End Racism = End DEI
there were alot of interesting point and claims but, there was nothing said to back them up i.e. if everyone in the room looks alike, then the rolerdex is going to look alike; "alot of critizims about DEI come from peoplem who say why can't we just have a meritocarcy, ignoring the fact we don't". those are alot of superficial unsubstainated opinions
Cool video but oh boy the background music is loud
Tenta caga regras em nome de uma ideia é um completo absurdo!
Why isn’t Israel diverse ?
TLDR: Diverstity = 🙋🏿♂🙋🏿♀🙃😂
Diversity on itself is dirty. The fact that we have to focus on it is totally wrong. The focus is now not on what people want but to just impose it on people. Thats wat "woke" does. For example: Women in general are more caring then men and men are mostly more materialistic. When a couple (man and woman) get a child. Instictively the couple chooses that the woman takes care while the man works. The woman mostly consents to this. A job as top manager/CEO requires a full track record, a tough skin and a lot of time. Stuff that mostly men are interested in. Most women who want to go for those jobs are women who show masculine traits and not the feminine traits. This is because those jobs are just not alligned to feminine traits. Just like working in construction where 98% is men. In construction the traits are visibly shown where as in top manager jobs they are not shown. The goal of reaching 50% men and women in the top manager job is not representing the needs and wants from men and women. You cant assume that women want to be in those positions just as men want it. Thats just naive. Also, why focus on the differences between gender/ethnicity? Focussing on the differences is like a wedge between groups. Its sets people against eachother. The focus should be on educating people on integrity, general respect no matter who is in front of you. Thats what matters! Not "black lives matter", not "feminism matter". Only EVERYONE matters.
Because Haiti is such a lovely place
Here ONLY for KZhead's comment section
You get just wht you hired like Greyhound bus lines its never made a profit because of its Workforce🙈
Companies is a business of making profit therefore need to hire the best talents. Not to hire because of dei that is basically scam.
Finally a change is happening
Pessoas são diferentes e tenta burocratizar é pedir por uma guerra infinita
I like how they just proved the “replacement theory” at the end. Lol. They say the quite parts out loud now