BY BARBARA FRANKEL
Why do talented people—especially women, Blacks,
Asians and Latinos—leave corporate America? Several studies show that even before the
current economic crisis, they felt that they weren’t going to get promoted and that
opportunities were limited. With the recession making the potential for promotion even
more limited, they feel even more powerless.
The Benefits of Mentoring
What do Latinas and Black and Asian women cite as the greatest barrier to corporate success?
A lack of mentoring. Catalyst’s “Women of Color in Corporate Management” survey found that
48 percent of them cited “not having an influential mentor or sponsor” as their greatest
impediment, while 33 percent cited “lack of role models in my racial/ethnic group.”