Taylor Morrison Launches Program To Increase Diversity In Companies
Leading home building company, Taylor Morrison, has introduced a first-of-its-kind fellowship program to create impactful change across the public sector.
In case it may come as a surprise, many board rooms remain irreflective of society today. According to reports, only 6.2% of directors are Black, compared to 13.4% of the country.
The lack of diversity in the critical decision-making rooms is one of the direct reasons why many voices in the workplace go unheard. Taylor Morrison’s new initiative is looking to change that.
Effective last week, the company’s fellowship program will offer board training opportunities annually to underrepresented candidates. The initiative has kickstarted its one-year term by appointing two senior business leaders, Michelle Sourie Robinson, and Hannah Choi Granade.
Michelle Sourie Robinson is the president and CEO of the Michigan Minority Supplier (MMSDC), the most significant regional economic development. The non-profit organization is dedicated to creating and developing successful business relationships between minority business enterprises and giant corporations.
Hannah Choi Granada, also known as one of the 100 Most Creative People In Business, is the current CEO of mLogg — the software business known for providing AI support to gig workers in financial services.
Through the program, both leaders will be given board experience, which they can take with them in their careers and use to bolster their chances of securing a formal position as a director.
“The old adage is that you need experience to get experience,” said Sheryl Palmer, Chairman and CEO of Taylor Morrison.
Participants will also be able to bring their perspectives to Taylor Morrison’s board and attend all board and committee meetings.
“Our fellowship program is intentional about giving highly accomplished business leaders who are underrepresented on boards today an opportunity that will prepare them for public company board leadership.”