OK, nobody likes long articles, so I'll cut to the chase.
Diversity and Inclusion are bottom line issues (continue from last month).
Diversity and Inclusion are quite frankly not the second coming of "Affirmative Action" (of which I am a proud product). D&I is not even the consequence of just "doing the right thing". This is pure and simply about making money $$$.
The consumer world is becoming more "colorful" or diverse. People of color make up the majority of the population in Silicon Valley so locally, nationally and even globally, firms that want to reach this market (to advertise or service) MUST employ a diverse workforce to best reach the aforementioned expanding diverse, colorful consumer and client base.
Morgan Stanley, to their credit, is reaching out and using the SV Black Chamber as a helpful resource in recruiting diversity within their workforce. Morgan Stanley's San Jose Branch recently hosted a luncheon where internal managers, who actually did the hiring, were invited to meet and greet folks from our community to entertain questions on potential job opportunities within Morgan Stanley. (see past event with photo).
Cupertino's branch is also involved and their branch manager initiated Morgan Stanley to become the first financial services firm to proactively seek our chamber and join the chamber with the intent on broadening their diverse workforce and expanding their diverse client base. At the end of the day, a more diverse workforce should lead to a broader target market and more $$$$.