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HBR's 10 Must Reads 2018
book

HBR's 10 Must Reads 2018

by Harvard Business Review, Michael E. Porter, Robert S. Kaplan, Daniel Kahneman, Roger L. Martin
October 2017
Intermediate to advanced content levelIntermediate to advanced
288 pages
5h 10m
English
Harvard Business Review Press
Content preview from HBR's 10 Must Reads 2018

Why Diversity Programs Fail

by Frank Dobbin and Alexandra Kalev

BUSINESSES STARTED CARING A LOT more about diversity after a series of high-profile lawsuits rocked the financial industry. In the late 1990s and early 2000s, Morgan Stanley shelled out $54 million—and Smith Barney and Merrill Lynch more than $100 million each—to settle sex discrimination claims. In 2007, Morgan was back at the table, facing a new class action, which cost the company $46 million. In 2013, Bank of America Merrill Lynch settled a race discrimination suit for $160 million. Cases like these brought Merrill’s total 15-year payout to nearly half a billion dollars.

It’s no wonder that Wall Street firms now require new hires to sign arbitration contracts agreeing not to ...

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Publisher Resources

ISBN: 9781633693074