Wittenberg: All-white firms will not survive to 2050
Joel Wittenberg · Diversity, Equity & Inclusion 4: Joel Wittenberg – A Prescription for the Future (Capital Allocators, EP.154) · Aug 31, 2020 · at 34:24
Joel Wittenberg, CIO of the W.K. Kellogg Foundation, discusses demographic shifts and the long-term sustainability of asset management firms.
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“Our country is going to be more than 50% diverse in 2050. Our workforce in 20 50 will be more than 50% diverse. If you're not addressing these things today, if you're just a bunch of white men, that firm ain't gonna make it to 20 50.”
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