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Michael Fraccaro, CHRO at Mastercard, on the value of business resource groups

HR Digest

I’d say we’re very focused on creating a skilled workforce and leadership pipeline that can execute our strategy. It can empower people to take a point of view and allow the organization to benefit from diverse points of view. We’re always looking for ways we can be a positive influence in the markets where we operate.

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How Women of Color Get to Senior Management

Harvard Business Review

Developing a diverse leadership pipeline can benefit companies in all sectors. Firms with the most ethnically diverse executive teams were 33% more likely to outperform their peers on profitability, and those with executive-level gender diversity worldwide had a 21% likelihood of outperforming their industry competitors.

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How to Revive a Tired Network

Harvard Business Review

Your network’s strategic advantage and, therefore, the extent to which it helps you step up to leadership, depends on three qualities: Breadth: Strong relationships with a diverse range of contacts. Breadth: How Diverse Is Your Network? Dynamism: A dynamic set of extended ties that evolves as you evolve.

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