Lack of African American in Executive Positions in Fortune 500 ABSTRACT Recent research proves that African Americans are not given the same opportunities in executives’ positions for Fortune 500 Companies. The lack of African Americans representation in the corporate world is due to is a form of discrimination. The government has accepted a new term called the glass ceiling; there is an invisible barrier that has been place over the ladder movement. The purpose of this study is to become aware of the Fortune 500Companies and the systems in America to hinder African Americans in the corporate world.
Lack of African Americans in Executive Positions in Fortune 500 Companies
PROBLEM
Introduction …show more content…
It is the unseen, yet unbreachable barrier that keeps minorities and women from rising to the upper rungs of the corporate ladder, regardless of their qualifications or achievements. While minorities and women have made strides in the last 30 years, and employers increasingly recognize the value of workforce diversity, the executive suite is still overwhelmingly a white man’s world. Title VII of the Civil Rights Act of 1991 created the 21-member, bipartisan Federal Glass Ceiling Commission. The Commission’s mandate is to study the barriers to the advancement of minorities and women within corporate hierarchies (the problem known as the glass ceiling), to issue a report on its findings and conclusions, and to make recommendations on ways to dismantle the glass ceiling (Lookwood, …show more content…
The Corporate America world would like to redefine it with the term glass ceiling; however African Americans view it as the brick wall. According to Solomon (2008) the lack of African Americans in executive positions in Fortune 500 Companies is a factor why the economy is in the condition it is in now. Fortune 500 Companies are vital to the world economy. The success of this elite group of corporation depends in large part on their leadership and oversight. Although both African American men and women are under-represented in the boardroom it is more evident that African American women are missing in the boardroom (Solomon,