And now, third parties—from proxy advisors to institutional investors to legislators—are taking steps to induce companies to take some of these actions.
The African-American executives cited in the NYT article recommended a number of actions designed to improve hiring and promotion.
According to this article in the NYT, experts suggest that one way to enhance diversity is to tie executive compensation to diversity goals.
Legislation compelling board diversity.
As with board gender diversity, the bill may compel companies to look outside their traditional channels to find new directors from underrepresented communities.