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The percentage of women students and faculty hovers around the 30 percent to 40 percent mark for most business schools, and the number of senior women faculty or administrators is smaller. And dont even bring up the percent of persons of color among business students, especially graduate students, and among faculty or administrators in business schools. It is significantly lower. It was one year ago when at the White House, I saw senior officials call upon AACSB International, the accrediting body and membership association for business schools worldwide, to advance a newly formed set of best practices for business schools. Having attended the meeting, it was great to witness the creation of a partnership between senior White House officials and more than 150 top leaders from businesses and business schools in order to carefully develop a set of best practices. The best practices can be seen in more detail at aacsb.edu/diversity . pop over to this siteThe best practices encourage business schools to address todays challenges in four areas: Ensuring access to business school and business careers Building a business school environment that prepares students for the workforce of tomorrow Ensuring career services that go beyond the needs of traditional students, and Exemplifying how organizations should be run. To push business schools to take diversity more seriously, AACSB has made diversity and inclusion part of its Vision Initiative, and business school leaders including myself have been sharing best practices at conferences. But much more needs to be done. For us to make a significant dent in having more senior women business leaders, we need to grow the pipeline.
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