Straight, white men are part of the problem in corporate America, an Axios editor wrote on Tuesday.
Mike Allen, a political journalist and co-founder of Axios, reminded readers to forget about politics and culture wars that are “raging in corporate America,” he wrote in a Tuesday “Axios AM” post.
“The problem: Most big companies are run by straight, white men who are unaccustomed to navigating a fast-changing America,” Allen wrote.
The alleged culture wars are sparked by employees, shareholders, customers and social media actors who pull CEOs into political battles about immigration, diversity and inclusion, climate change, and other inflammatory issues, Allen claims. The recent slew of sexual harassment scandals show that too many companies foster crime, he adds.
“The amount of time that these companies now have to spend on non-market [non-revenue] issues has increased exponentially,” a large corporation adviser told Allen. “Sustainability has become a business requirement, not a political statement.”
Companies now have to worry extensively about inclusive branding and diversity quotas.
“In the social-media age, corporate reputation and corporate image matter as much (sometimes more) than the delivery of your product or service,” Allen wrote.
The age of social media with Facebook and Twitter have greatly impacted how companies operate.
Brands can do a better job connecting with people in authentic and compelling ways, Axios CEO Jim VandeHei says.
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