The Impact of STEM Businesses
Leading businesses in STEM are taking action.
Leading businesses in STEM are taking action.
The lack of women can negatively impact business performance as well as global markets.
Bank of America
Bank of America is one of America's leading financial banks with locations in all 50 states. Within the Bank of America is their Diversity and Inclusion group which is responsible for recognizing that "diversity makes us a stronger company". Within the Diversity and Inclusion sector is their Hispanic-Latino Organization for Leadership & Advancement (HOLA). In 2016, HOLA "helped to increase the acceptance rate of Hispanic-Latino interns by more than 60%".
Bank of America also has multiple Women's mentorship programs. They include the following: Women’s Executive Development Program, LEAD, Diverse Leaders Sponsorship program, and the Women’s Next Level Leadership Program.
Fun Fact:
Bank of America employed the first ever bond saleswoman on Wall Street in 1919. Her name was Annie Grimes.
Blackstone
Blackstone launched their Women's Initiative Program in 2013. This program allows women from Blackstone to mentor sophomore college students from around the world. Attendees from this program have said that it helped them solidify their interest in STEM as well as secure jobs at Blackstone.
Moreover, Blackstone is invested in diversifying their workforce. Their Diverse Professionals Network (DPN) is responsible for over 49% of their 2021 U.S. analyst class being racially diverse.
Kaiser Permanente
A world leader in STEM diversity, Kaiser Permanente is a California healthcare company paving the way in diversity leadership. Kaiser's workforce is over 67% of those from racial, ethnic, and cultural minorities. Furthermore, their boards are 38% women and 38% people of color which has allowed them to be recognized as Fortune's 100 Best Workplaces for Diversity.