Companies Abandon DEI
Power Line,
by
John Hinderaker
Original Article
Posted By: Dreadnought,
6/22/2024 1:29:35 AM
The Wall Street Journal reports that corporate America is backpedaling away from “diversity”:
White-collar companies that once championed programs to recruit diverse employees are now tiptoeing away from them.
PricewaterhouseCoopers and JPMorgan Chase are among those that recently removed or altered descriptions of their programs for underrepresented students. The shift came after an “anti-woke” movement took aim at U.S. companies and a Supreme Court decision overturned affirmative action in college admissions. Employers’ embrace of diversity, equity and inclusion initiatives peaked in 2021, sparked by the death of George Floyd and the height of the Black Lives Matter movement a year earlier
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Reply 1 - Posted by:
jeffkinnh 6/22/2024 3:50:53 AM (No. 1741479)
"Thus, to the extent that not being a meritocracy hurt corporate performance, it wasn’t much of a competitive disadvantage."
So neither company A or B suffers as compared to each other. The bean counters in each company can look at the industry "average" performance and note that ALL have "slipped". That allows "management" to conclude that there is no problem with the slip because it is universal in the industry, due to some broad factors "beyond their control".
But there is a major problem with their analysis. If the "broad factor" is that ALL companies have "cancer", they are still ALL dying. That IS a problem! If it turns out ALL aircraft companies are seeing a reliability problem with their planes because the excellence of their workers has "slipped", what will the public response be when they discover that flying is no longer as safe? Then, what will their response be when it turns out flying is no longer as safe because companies CHOSE to hire workers based on a DEI selector instead of basing their hiring choices based on who can build the best, safest planes. And once that is proven, will the public start class action suits for pain and suffering when they fly and experience a crisis on a plane that suffers flaws due to these compromises in hiring standards?
Many companies have decided to make cheaper products that don't last because there is price based market for these products. That is a marketing decision. "You get what you pay for." is a well established caveat. But those products are, generally, still safe. But you can't demand premium prices for products that fail to meet expected quality and products that are not safe are worthless and so are the companies that make them. In general, companies that hire and retain workers based on merit, produce better, safer, and more desired products. That is an inescapable reality. Companies that stray from seeking meritorious workers by primarily pursuing DEI goals are in a suicide pact.
The elimination of DEI goals is an indication that the companies have recognized the problem and are no longer willing to drink the hemlock.
61 people like this.
Reply 2 - Posted by:
EJKrausJr 6/22/2024 4:45:08 AM (No. 1741487)
DEI - Due Expect Incompetence, has been abandoned? Why? It's not rocket science, it's common sense. Just hiring someone because they check an identity box, and not because of competence - is an excuse for many things going wrong. And in many companies, that is exactly what happened.
54 people like this.
Reply 3 - Posted by:
Trigger2 6/22/2024 5:03:47 AM (No. 1741493)
Good riddance. And take Joey with it.
60 people like this.
Reply 4 - Posted by:
SweetPea3 6/22/2024 5:18:03 AM (No. 1741502)
Well, well, well. The cream always rises to the top. Who couldn't see that one coming?
44 people like this.
Reply 5 - Posted by:
sw penn 6/22/2024 6:08:24 AM (No. 1741517)
Companies Abandon Mass Hysteria
Is a positive sign...
31 people like this.
Reply 6 - Posted by:
Strike3 6/22/2024 6:35:05 AM (No. 1741521)
Underrepresented students become underperforming employees. People in the trenches told you that before DEI became a thing. There is a reason why third world countries remained third world and it's not because they didn't have the same chances to excel and prosper. The people figured out that they could come to America and have everything given to them because our government has been stupid for a long time.
48 people like this.
Reply 7 - Posted by:
Red Jeep 6/22/2024 6:48:45 AM (No. 1741526)
Didn't Earn It.
45 people like this.
Reply 8 - Posted by:
Skinnydip 6/22/2024 8:05:57 AM (No. 1741572)
Proof positive that company executives are dumber than their customers.
32 people like this.
But they are ensconced and they won't be able to root them out.
21 people like this.
Reply 10 - Posted by:
The Remnants 6/22/2024 8:35:38 AM (No. 1741583)
Is there any other country in the world that thought their corporations would benefit from DEI hiring policies, or was it only us? And I cannot imagine the millions, if not billions, of dollars that were spent divising, implementing, and promoting these policies (another trillion added to our debt with no return). There must be some evil genius somewhere who directs the Destroy America campaign who is very pleased with himself for chalking up another win.
21 people like this.
Reply 11 - Posted by:
udanja99 6/22/2024 9:14:59 AM (No. 1741604)
Absolutely, #9. Try to fire them and you wind up with racial grievance lawsuits.
27 people like this.
Reply 12 - Posted by:
MickTurn 6/22/2024 10:09:11 AM (No. 1741625)
DEI = DIE. They figured it out, what a Miracle!
12 people like this.
Reply 13 - Posted by:
Zigrid 6/22/2024 10:21:23 AM (No. 1741631)
It's amazing how now...just as a President Trump come back is looming in the future....they all are deciding the DEI doesn't work...and hiring mediocre people who can't do the job is causing a slip in productivity...surprise!!
14 people like this.
Reply 14 - Posted by:
DVC 6/22/2024 11:30:18 AM (No. 1741689)
DEI is ILLEGAL RACISM. These companies need to be sued until they stop this racist behavior.
16 people like this.
Reply 15 - Posted by:
Rumblehog 6/22/2024 11:30:32 AM (No. 1741690)
What's happening within our biggest and most powerful corporations is similar to what's happened in the Executive Branch of our Federal government. A special group within corporate executive ranks slowly chips away at the authority of their CEO. Eventually the DEI Dictator says, "Do this," or "Do that," the CEO had better do it, or else the Dictator reports it to the BoD, who usually go along with the Dictator, not the CEO, depending on current Stock performance, or current public perceptions. Right now in our Federal government we had the Chairman of the Joint Chief of Staff, General Mark Milley, telling his RED CHINA counterpart that HE alone will disobey a lawful order from his Commander-in-Chief, should it ever come to that. We also have the CIA working "in collusion" with the FBI/DOJ building a fraudulent case of "Russian Collusion" against a current sitting President! (By doing this they've exposed their true nature, opening a can or worms regarding the JFK assassination, Watergate break-in, and a lot more. All subordinate organizations tend to "mutate" through arrogating more power than they're allowed under their Charters. Unless excised and obliterated, they will destroy both Corporations and government.
10 people like this.
Reply 16 - Posted by:
LC Chihuahua 6/22/2024 12:13:09 PM (No. 1741711)
Meanwhile, other corporation continue to embrace DEI and are being sued for their efforts.
8 people like this.
Reply 17 - Posted by:
Italiano 6/22/2024 12:29:56 PM (No. 1741717)
(D)emocrats (E)nabling (I)ncompetence.
17 people like this.
Reply 18 - Posted by:
zephyrgirl 6/22/2024 12:30:11 PM (No. 1741718)
Throughout my career, I worked with diversity hires who were adequate performers at one level, but were promoted into management positions beyond their capabilities. Most were eventually sidelined into non-management positions with little or no responsibility and more importantly, no ability to screw up the work of others. Just like AA admissions put diversity candidates in schools more difficult than they can handle, diversity promotions set up minorities to fail. Sometimes people just don't have the skills to perform, and isn't racism to say so.
13 people like this.
Reply 19 - Posted by:
Dodge Boy 6/22/2024 1:13:27 PM (No. 1741739)
Huh. Follow the money wins. No surprise, DEI companies?
5 people like this.
Reply 20 - Posted by:
JimBob 6/22/2024 2:55:14 PM (No. 1741757)
DEI: Didn't Earn It.
For my entire 33-year career as an engineer in a small science agency within the Federal government, I had to outperform so as to overcome 'Affirmative Action', which I always understood to be race and sex discrimination against me, wrapped in an impenetrably thick fog of bureaucratese.
Read #1's comment, but apply it to the legal system, where there is no 'competition for quality products'. Look at the main actors persecuting President Trump. Alvin Bragg. Fanni Willis. Nathan Wade, Fanni's extravagantly overpaid 'main squeeze'.
There's your DEI in action..... and America is much worse off that it exists.
10 people like this.
Reply 21 - Posted by:
Italiano 6/22/2024 3:53:34 PM (No. 1741768)
Hopefully the airlines will follow suit before air passengers start dying.
5 people like this.
Reply 22 - Posted by:
DanvilleBill 6/22/2024 6:44:50 PM (No. 1741802)
I never liked DEI.
I think MAGA is better
Make Affordable Groceries Again.
5 people like this.
Reply 23 - Posted by:
Lawsy0 6/22/2024 11:43:11 PM (No. 1741863)
I remember back when any minority that was not YOU was called a "target of opportunity hire."
0 people like this.
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