Goldman Sachs ditches an internal diversity rule that barred it from advising all male, all white boards on company flotations.

/ Mike Buchanan

Good news.

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3 thoughts on “Goldman Sachs ditches an internal diversity rule that barred it from advising all male, all white boards on company flotations.”

  1. I can’t help thinking this “roll back” of DEI reflects the more volatile political and economic world. As competition from China and the BRICS countries starts to affect all forms of business and industry, not just the heavy industries. As has been pointed out the inevitable inefficiencies of propelling “diversity hires” into senior positions and Boards is only sustainable in the good times. “Good times” that have been sustained by the wizard wheeze of QE aka. printing money. As the growing industries of India, China and many other smaller countries are powered by educated and hungry executives they will trounce “convivial” Boards and WFH “Family friendly hours” CEOs. And of course workforces that think full time is 4 days a week with time off for “periods” and “menopause”. Increasingly we’ll see famous names go bust or be taken over by far more energetic foreign concerns. While our public sector becomes part time sinecures.

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  3. Goldman Sachs ditches an internal diversity rule that barred it from advising all male, all white boards on company flotations

    So.. which business would be foolish enough to engage the services of goldman sachs given that this diversity rule breaches every idea of critical thinking ?

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