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4 ways to combat high turnover of chief diversity officers

Chief Diversity Officers (CDOs) are becoming increasingly more common as companies commit to DEI initiatives. Research by Russell Reynolds Associates found that the number of S&P 500 companies with a CDO has increased from 47% in 2018 to 52% as of February 2021, spiking shortly after the death of George Floyd. 

Despite the increasing quantity of CDOs, this data shows a shockingly slow growth rate. This is due to a high CDO turnover rate attributed to preventable factors such as a lack of resources, a lack of accessibility to company executives and a lack of companywide mobilization toward DEI best practices. Successful implementation of DEI practices, in other words, is still unattainable for many organizations, because their CDOs are unequipped to perform their roles. 

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