The C Sheet December 17: Lack of DEI Progress, Chanel’s New CEO, and AI Hiring Biases

1. Where Are the Black Executives? 

It’s been eighteen months since businesses made promises to do better in terms of diversity, equity, and inclusion, but a review of the 50 most valuable public companies shows how much still needs to be done—only 8% of executives are Black. The striking race gap in corporate America (Washington Post)

2. A New CEO for Chanel  

Unilever CHRO Leena Nair was appointed the CEO of the French luxury fashion house, Chanel. Nair is the first Indian to head a global luxury brand, and is being brought on to help with Chanel’s diversity and sustainability efforts. Fashion house Chanel hires Indian-born Leena Nair as CEO (NBC News) 

3. Beware of AI Biases

A new group called Data Trust & Alliances has partnered with 21 large corporations to combat AI-biases in the hiring process. The group created an “Algorithmic Bias Safeguards” tool that provides questions to identify discrimination in AI hiring software. Walmart, Nike, and other giant employers aim to cut algorithmic bias from the hiring process (Fast Company)

4. The Great Resignation Makes for Great Content 

From QuitTok to Reddit’s anti-work thread, ex-employees are sharing their quitting stories to the masses. Common reasons for leaving include: burnout or mental health reasons, the desire to travel, or to start their own business venture. TikTokers are going viral with ‘QuitTok’ videos about quitting their jobs as The Great Resignation inspires social media trends (Yahoo)

5. Your Boss Isn’t Your Therapist

While most people have experienced higher levels of stress at work since the pandemic, many fear talking about it with their boss out of fear of jeopardizing their career. Experts say the goal of sharing shouldn’t be to just share, but rather, ask them for what you need. How to Tell the Boss You’re Burned Out (Without Derailing Your Career) (Wall Street Journal) 

6. The 60-Year Career

Now that we’re living longer, it also means we’ll be working longer too—twenty years more. Which makes now the opportune time to redesign the way we work so we can work smarter, not harder. The Future of Work Is a 60-Year Career (The Atlantic)