Robby Starbuck on What CEOs Missed About DEI: Working Capital

Analyzing trends in leadership, management and the art of career building.

On their watch

The parade of US companies walking back commitments on diversity, equity and inclusion continued this week, with Salesforce Inc., Victoria’s Secret & Co. and State Street Corp. joining the procession.

It’s an unusual parade in that it honors no heroes and celebrates no victories, least of all for the corporate leaders who presided over the expansion of policies they’re now rushing to abandon. Their quick about-face after years of extolling the virtues of DEI hasn’t exactly cast a flattering light on their management skills. And it’s not just ...