The subject of the two articles used in this analysis is diversity. One article written by (Harold Andrew, and Vincent Raj Kumar) explains the diversity within the workplace. The other article which has been written by (Atul Gupta, and Kartik Raman) comments on board diversity and CEO selection.
Diversity has several dimensions on which can be grouped, such as, race, gender, ethnicity, religious beliefs and sexual orientation. ‘’diversity management is a process intended to create and maintain a positive work environment where the similarities and differences of individuals are valued, so that all can reach their potential and maximize their contributions to an organization’s strategic goals and objectives.’’ (Harold Andrew Patrick, and Vincent Raj Kumar)
Patrick (2010) discovered that diversity not only determines the effect of diversity within an organization but also the characteristics among the
…show more content…
The focus of this article is on S&P firms that appoint female CEO’s, these companies have less than 2% female CEO’s. An important factor of this percentage is, that there is not a female-friendly culture implemented in these companies. Another factor of appointing a female CEO is that when there are less female directors working in the company, the chances are very high that a male CEO will be appointed. When there are female directors working in the company, they are able to influence the board decision in favour of a female board member. Networking is therefore an important factor within the culture of S&P. Female directors can contribute to the appointment of female CEO’s, it does not increases the chances of a female being appointed as CEO. The decision of appointing a new CEO depends on, suitability and the ability of the candidate. It is plausible, that female directors have different interpretations than male directors towards appointing a new