The health, economic, social, racial and political pandemics of 2020 have radically altered the leadership landscape. Some experts have declared that a new era of leadership has dawned, demanding authenticity, increased empathy and compassion as well as better training for all managers.
The new 2020 Women of Color in Business: Cross-Generational Survey© was designed to stress-test and probe deeply several of our 2019 findings. Despite the volatile year, we see reasons for hope. Our new data point toward increases in reflection, confidence, and side-preneurship as younger generations of women at work assert greater control over their destinies.
The 2020 Women of Color in Business: Cross-Generational Survey© was commissioned by Bonita C. Stewart and Jacqueline Adams, co-authors of “A Blessing: Women of Color Teaming Up to Lead, Empower and Thrive.
The Executive Summary of the 2020 Women of Color in Business: Cross-Generational Survey© has been released in collaboration with The Executive Leadership Council
and appears on the Google Keyword Blog
“The past several months have seen multiple Black women make history rising to CEO positions in Fortune 500 companies and the highest leadership positions in government,” says Michael C. Hyter, President and CEO of The ELC. “The issue is not the lack of qualified Black women. It’s the lack of opportunity for Black women to ascend to these roles. The ELC is proud to support this research to empower and energize Black women, and enlighten their organizations, as they strive for future career success.”
About The Executive Leadership Council
The Executive Leadership Council, an independent non-profit 501(c)(3) corporation founded in 1986, is the preeminent membership organization committed to increasing the number of global Black executives in C-Suites, on corporate boards, and in global enterprises. Comprising 800 current and former Black CEOs, senior executives, and board directors at Fortune 1000 and Global 500 companies, and entrepreneurs at top-tier firms, its members work to build an inclusive business leadership pipeline that empowers global Black leaders to make impactful contributions to the marketplace and the global communities they serve. For more information, please visit www.elcinfo.com
The 2020 Women of Color in Business: Cross Generational Survey © was conducted by Quadrant Strategies between November 17 and December 16, 2020. A total of 2420 respondents participated with a margin of error of +/- 1.99%. Respondents included American female “desk workers” across four races (Black, LatinX, Asian and white) and four generations (Boomer, Gen X, Millennials and Gen Z). For the first time, the survey included responses from 150 white male managers across all generations.
Research Methodology (Team Lead: Reem Omer, Research Associate)
"Quadrant Strategies is thrilled to be part of this groundbreaking work. This comparative look at women-of-color desk workers across generations is long overdue, and it reveals some really unexpected insights that Jackie and Bonita use to chart a powerful path forward. Nearly every business and every person in a business environment will find these insights invaluable. Most refreshingly, the path they chart is full of optimism and energy. The entrepreneurial spirit and technological savvy for example, especially of young Black and LatinX women, clearly indicate there is huge business impact and wealth creation to be unlocked by absorbing the findings Jackie and Bonita so clearly set out." -- Scott Siff, Managing Partner, Quadrant Strategies
About Quadrant Strategies
The company helps clients solve a wide range of brand and communications challenges by employing a broad set of qualitative and quantitative research tools. Quadrant’s partners have 50 combined years of experience helping Fortune 500 companies and other leading organizations address their most pressing branding and strategic communications issues in times of crisis and, more often, not. www.quadrantstrategies.com