Want diversity? Move beyond your closed network

By Malia Lazu | American Banker | September 25, 2020

Excuse or not, the challenges of finding diverse talent are a reflection of the segregated country.

While the quest for diverse talent seems quixotic, it’s actually a critical goal that reflection and strategy can solve — if it’s understood why it’s hard in the first place.

Unfortunately, some leaders in the banking industry and others have incorrectly claimed that a lack of diversity was due to not having enough diverse candidates. Such claims were recently made by Wells Fargo CEO Charlie Scharf, only reigniting the debate.

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