Masters of Scale Rapid Response: How business can engage against racism, w/Shellye Archambeau (MetricStream, Nordstrom, Verizon)
Jun 19, 2020
In this insightful discussion, Shellye Archambeau, former CEO of MetricStream and an influential board member at Verizon and Nordstrom, shares her experiences as a Black woman leading major corporations. She emphasizes the critical role businesses play in combating racism, advocating for accountability and transparency. Shellye highlights the necessity of diversity on corporate boards, the importance of engaging with social movements, and the need for actionable support for organizations like the Equal Justice Initiative. Her heartfelt anecdotes inspire listeners to actively participate in the fight for justice.
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Initial Reaction to George Floyd's Death
- Shellye Archambeau first heard about George Floyd's killing on the same day.
- She felt horror, outrage, disbelief, anger, and powerlessness, realizing it could have been her son or grandson.
The Role of Business in Fighting Racism
- Businesses have a crucial role in addressing racial injustice, leveraging their power to demand accountability and transparency.
- This engagement from businesses offers hope for change, unlike previous instances of racial tension.
The Marathon of Change
- Companies must avoid going back to "business as usual" and commit to long-term efforts against racism.
- This is a marathon, not a sprint, requiring sustained effort and fortitude to address deep-seated issues.