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The New CEOs looks at the women and people of color leading Fortune 500 companies, exploring the factors that have helped them achieve success and their impact on the business world and society more broadly. As recently as fifteen years ago, there had only been three women CEOs of Fortune 500 companies, and no African Americans. By now there have been more than 100 women, African American, Latino, and Asian-American CEOs of Fortune 500 companies.
Richard L. Zweigenhaft and G. William Domhoff look at these “new CEOs” closely. Weaving compelling interview excerpts with new research, the book traces how these new CEOs came to power, questions whether they differ from white male Fortune 500 CEOs in meaningful ways, asks whether the companies that hired them differ from other companies, and discusses what we can learn about power in America from the emergence of these new CEOs. As Americans continue to debate corporate compensation, glass ceilings, and colorblind relationships, The New CEOs shares information critical to understanding our current situation and looks toward the future in our increasingly globalized world. The paperback edition of The New CEOs features a new Introduction and an updated comprehensive list of new CEOs to date.
Published | 16 Jul 2011 |
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Format | Ebook (Epub & Mobi) |
Edition | 1st |
Extent | 264 |
ISBN | 9781442207677 |
Imprint | Rowman & Littlefield Publishers |
Publisher | Bloomsbury Publishing |
According to Zweigenhaft (psychology, Guildford Coll.; Diversity in the Power Elite: How It Happened, Why It Matters) and Domhoff (sociology, Univ. of California; Who Rules America? Challenges to Corporate and Class Dominance), there are 74 women and people of color who have been at the helm of Fortune 500 companies. This book seeks not to analyze why, but rather to explore the individuals themselves-their backgrounds as well as their impact on the companies they lead. The first chapter is devoted to women CEOs, and subsequent chapters individually address each of the ethnicities (further divided by CEO and heritage).The book's latter part is a comparison between traditional CEOs and companies led by the 'new CEOs.' Zweigenhaft and Domhoff clearly and concisely profile the CEOs and companies using a combination of biographical and data-driven research. There are no comparable works available. VERDICT This book succeeds at showing the intersection of culture, politics, ethnicity, and feminism through the lens of business diversity studies. An excellent book for scholars interested in data-driven sociology, psychology, and cultural studies relating to business and for readers in the business world.
Library Journal
Recommended reading.
Intel Connected Digest
May be of interest to African-American scholars.
Journal of Blacks in Higher Education
Glass ceilings and unequal compensation continue to be the norm for American businesses, yet as this informative text highlights, women and people of color are growing in number as leaders of Fortune 500 companies and having a significant impact on the future of business.
Uptown Professional
This book is sobering in how to show us what many African-Americans corporate executives routinely say to each other about their corporations: 'Much has changed, but much has stayed the same.'
American Journal of Sociology
Filled with sometimes startling statistics, interviews with this new group of leaders make for compelling reading. These CEOs reveal how they came to power, the insights they gained, and how they differ from male CEOs who historically dominated major companies. They also address ongoing issues, including the current debate over CEO compensation.There is little doubt that this influx of new CEOs is bringing major changes to an increasingly globalized world. The New CEOs should be on the must-read list for leaders and potential leaders in all organizations.
Business Lexington
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