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Diversity as a Driver of Performance
In September, Jide Zeitlin (MBA 1987) was named chairman and CEO of Tapestry, the $5.9 billion parent company of Coach, Kate Spade, and Stuart Weitzman. A former Goldman Sachs executive, Zeitlin has been on the board of the company (formerly known as Coach) since 2006. The appointment made him one of only seven African American leaders at the helm of S&P 500 companies.
In an interview with Black Enterprise, Zeitlin talks about how diversity and inclusion are critical to the strategy for Tapestry’s luxury brands. “A big part of what I care a lot about and have really focused on is what I call a kind of diversity 2.0,” he says. A generation ago, everyone was focused on increasing the numbers of women and minorities on the staff and in leadership. But today Zeitlin is more interested in creating a culture where “every employee can come in and really feel as though they can bring their true selves to their job.” Absent that, you’re not tapping the full potential of your workforce, he says. “To really be innovative, you have to have the best ideas around the table and that means inclusivity.”
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