It can seem like the business world is evolving faster each day and in all sorts of different directions. But across a range of industries, one area where leaders are focusing more time and resources than ever before is diversity — and it’s about much more than race.
For JPMorgan Chase & Co., this commitment means an unprecedented investment in closing the racial wealth gap as well as initiatives around getting women, minorities and veterans into the hiring pipeline. At OZY, diversity is in our DNA, and we have rededicated our editorial mission to explore the path toward racial justice. So we’re teaming up to elevate creative solutions to these vital issues with a series of special segments on The Carlos Watson Show. Read on for more.
Brian Lamb started his job as head of diversity and inclusion at JPMorgan Chase just before this summer’s racial awakening. “I was very inspired by the fact that there was this restlessness and raw emotion that was going to hopefully tear down long-standing issues that had been really hard to address in the past,” he tells OZY CEO and co-founder Carlos Watson. Lamb emphasizes that creating opportunity starts with “real-talk conversations with leaders.”
What’s the best way for young women to get on a better financial path? Set some of your paycheck to go straight to savings, then forget about it, says Samantha Saperstein, head of JPMorgan Chase’s Women on the Move initiative. “That automatic behavior really works,” she says. In fact, it’s even working during the downturn: More than 1 million women have signed up for Chase’s automatic savings tool.
Mark Elliott, JPMorgan Chase’s head of military and veterans affairs, joins the show to talk about the highs and lows of his reentry into the civilian world, and what the firm is doing for veterans. In addition to helping veterans transition to private sector careers and supporting veteran entrepreneurs, JPMorgan Chase is launching new initiatives around financial literacy. “We believe your service should mean something once you come out,” Elliott says.
Pushing to close the racial wealth gap doesn’t just help people of color. Sekou Kaalund, head of the Northeast Division for Chase Consumer Bank, stops by the show to talk about his rise in the world of finance and JPMorgan Chase’s Advancing Black Pathways program. “Our destinies are interconnected,” Kaalund says. “And the more we create these inclusive growth opportunities, we will really thrive more as a nation.”