Reginald Browne, an executive at trading firm GTS
Photo: Gabriela Bhaskar for The Wall Street Journal“Wall Street Falls Short on Race Despite Pledges” (Page One, July 3) should be required reading for every executive, no matter how junior. I vividly recall an episode of “Nightline” discussing the paucity of nonwhite and nonmale executives in the boardroom. The message from executives then was that “the pipeline” of qualified women and minorities made it impossible to achieve true diversity and that “it will just take time.” How fascinating then to learn that, more than a quarter-century later, the appropriately diverse executive-talent pool still doesn’t exist. Make no mistake, executives past and present bear continued responsibility for failing to mount fair and just recruiting, hiring, training, mentoring and promotion practices that lead to truly merit-based outcomes for a diverse workforce serving diverse markets.
It’s time accountability is added to this responsibility. My more than 30 years in business has proved to me that business acumen and an action-oriented sense of fairness aren’t mutually exclusive among executives.
Robert Bartholomew
Columbus, Ohio
Here we go again, whining about diversity track records. How to grow and manage other’s incomes takes many hours of education and experience in the techniques of money management. You must study, work, supervise and then practice managing before you become the decision maker.
It has been said that it takes 10,000 hours to be an expert in one’s field, approximately five years, doing the same tasks and routines. My 30 years of teaching business math and statistics courses yields this observation of student learning: The reason many students fail is that they don’t put in the effort and time to understand the material; doing the minimum is the norm for some. A student’s race has nothing to do with effort. The effort put in yields the reward that comes out. We need to stay away from racial measuring as a means of claiming equality.
Howard Weissenborn
Menomonee Falls, Wis.
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Wall Street Has a Bad Record on Inclusivity - Wall Street Journal
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