In the post-George Floyd protests era of corporate activism, companies have become extremely concerned with promoting a climate of diversity and inclusion in their organizations. As a result, the demand for chief diversity officers (CDO) at large corporations has skyrocketed over the past few years.
Despite this explosion in CDO hiring, companies that have focused on increasing their diversity programs have seen an extremely high turnover rate for these employees. The reason? Many say it’s because they don’t have the power or the resources to make effective change. The result? The position of chief diversity officer becomes a revolving door for employees who want to make big changes, while the companies get to tout their dedication to diversity and inclusion to potential customers.