A lack of existing diversity within leadership creates a self-perpetuating cycle that can be difficult to break. Without representation at the top, individuals from underrepresented groups may perceive leadership roles as unattainable or unwelcoming. To overcome this, firms can focus on implementing diversity quotas or targets for leadership positions and support initiatives like succession planning that include a focus on diversity. Ensuring that diverse candidates are visible, supported, and promoted into leadership positions can help break this cycle.
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