JPMorgan’s Thasunda Duckett: Diversity Must Be a Company Focus Just Like ‘Every Other Business Metric’ [Fortune]
JP Morgan Chase & Co. (JPM)
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Source: Fortune
Despite being the first African-American to serve as CEO of JPMorgan Chase & Co.’s consumer banking division, Thasunda Duckett is under no illusions about the lack of diversity in leadership positions across the financial services industry. So when it comes to creating a more diverse and inclusive corporate environment, Duckett said the industry has to approach the issue with the same focus and ruthlessness it does “any other effort in business.” “When you are not delivering the right level of returns or the right level of performance, you focus on it and you do not allow excuses to get in the way,” Duckett said at Fortune ’s Most Powerful Women Next Gen Summit in Laguna Niguel, Calif., on Wednesday. That means “hold[ing] people accountable” to organizational goals for hiring and promoting both women and people of color to senior roles—and in that regard Duckett agreed with Fortune ’s Leigh Gallagher, who pointed out that companies like JPMorgan Chase wouldn’t simply
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