Subscribe to Entrepreneur for $5

3 Ways to Diversify Hiring Pools

There are plenty of diverse candidates who are the perfect fit for your company. Here's where to look.

Opinions expressed by Entrepreneur contributors are their own.

Faced with a nationwide racial reckoning, corporations are showing a heightened interest in diversifying their workforce. While data from McKinsey supports the value of diversity with growth in sales and earnings in diverse firms outperforming less diverse firms, strong commitments to seek out, hire and retain Black talent have become a moral imperative. Much of the chatter in the business world focuses on the lack of Black CEOs, and rightfully so. Since the Fortune 500 list was first published in 1955, there have been only 19 Black CEOs out of 1,800 chiefs. But there is not a quick fix to these discrepancies. It takes years to groom someone for a position in the C-Suite. Let's go back to square one.

One solution to diversity woes lies at the genesis of the supply chain: Corporations need to diversify their hiring pools.

Continue reading this article - and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.

Entrepreneur Editors' Picks