Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Amity Research Centers
Length: 13 pages
Data source: Published sources
Topics:
PricewaterhouseCoopers (PwC); Racism at workplaces; Racial discrimination; Racial impasse; Institutional and individual racism; Diversity and inclusion; Diversity pledge; Racial policy issues; Racial equality; Black Lives Matter and George Floyd; Black, Asian, Minority and Ethnic (BAME); Social justice and equitable societies; Global business environment; Stronger accountability; Gender and ethnicity targets
Abstract
Racial discrimination had emerged as an unfettered global enigma which had not been duly accosted. In the aftermath of George Floyd's death, huge anti-racial protests were witnessed across many countries. The worldwide remonstrations were flagged off under the label of 'Black Lives Matter'. Racial bias influenced organisations through internalised racist stereotypes. This often took the form of micro-aggressions against marginalised groups which were collectively referred as BAME (Black, Asian, Minority and Ethnic). PricewaterhouseCoopers (PwC) which had faced allegations of institutional and individual racism had voluntarily addressed the phenomenon of racial discrimation through multiple initiatives. These included blind spots training videos, setting up council of CEO Action for Diversity and Inclusion, establishment of Diversity and Inclusion Advisory Committee, a two year fellowship programme on racial policy issues and pledge for diversity, besides one week's annual paid time for its 55,000 employees for volunteering at non-profits. Further, it boosted its search for new talent from traditionally black colleges and universities. Meanwhile in 2018, PwC was recognised as Best Employer for its pioneering efforts towards racial equality and inclusion. Would PwC's efforts in encouraging the business community draw adequate support from government policy makers to overcome the racial impasse?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2020.Geographical setting
Region:
World/global
Featured company
PricewaterhouseCoopers
Employees:
10000+
Type:
Partnership
Industry:
Professional services
About
Abstract
Racial discrimination had emerged as an unfettered global enigma which had not been duly accosted. In the aftermath of George Floyd's death, huge anti-racial protests were witnessed across many countries. The worldwide remonstrations were flagged off under the label of 'Black Lives Matter'. Racial bias influenced organisations through internalised racist stereotypes. This often took the form of micro-aggressions against marginalised groups which were collectively referred as BAME (Black, Asian, Minority and Ethnic). PricewaterhouseCoopers (PwC) which had faced allegations of institutional and individual racism had voluntarily addressed the phenomenon of racial discrimation through multiple initiatives. These included blind spots training videos, setting up council of CEO Action for Diversity and Inclusion, establishment of Diversity and Inclusion Advisory Committee, a two year fellowship programme on racial policy issues and pledge for diversity, besides one week's annual paid time for its 55,000 employees for volunteering at non-profits. Further, it boosted its search for new talent from traditionally black colleges and universities. Meanwhile in 2018, PwC was recognised as Best Employer for its pioneering efforts towards racial equality and inclusion. Would PwC's efforts in encouraging the business community draw adequate support from government policy makers to overcome the racial impasse?
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2020.Geographical setting
Region:
World/global
Featured company
PricewaterhouseCoopers
Employees:
10000+
Type:
Partnership
Industry:
Professional services