Black Rock: Diversity as a Success Driver Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Black Rock: Diversity as a Success Driver Case Solution

Actions to meet Fink and the Board’s request:

While hiring women at work especially in India as reported in case, many of the CVs were rejected by the management which was quite shocking for Fink and the Board team. As the reasons hindering women step up in their career beings this rejection. In a particular case, the resume of a women was discarded only due to reason of being pregnant. The priority of successful future was the diversity and a diverse thought which could not be possible with such state of minds. Thus, the actions needed to meet the Fink and Board’s request was to revise the process of employment as the reason of a women being pregnant is not enough to reject her and this did not let the qualities of women to flourish.

Challenges and Opportunities:

Although, Black Rock has increased its assets by a number of acquisition and merger. The merger of BGI and Black Rock due to better understanding that assisted in the mitigation of technical challenges. However, the development of strategic plan for the merger of two entirely different cultures was the biggest challenge for Black Rock as it was free-fighters vs academic culture. Similarly, the integration in offices located in London was a great challenge as it was more complex than New York and San Francisco. On the other hand, there was a challenge for the management team to identify the key issues faced by women in stepping up for the development of their career goals.

While handling with these key challenges, it opened a number of opportunities for Black Rock. With the establishment of WIN organization, Black Rock was successful in bringing diversity and inclusion by women’s networking was the best way to bring people together develop healthy relationships. The integration of the two firms in London was done with the assistance of OUT Network. Thus, the success of WIN organization led other organizations to develop their own communities and bring women back in their rule which has been reduced to less than half.

Localization of global framework:

Black Rock is an international firm operating its services in more than 30 countries. The hold on countries economical was only possible by making the firm as a local one in all the countries it operates. This involves the adaptation of each country’s cultural customs. Although, it is not possible to adopt the cultural values of each country especially in Japan and India. As Japan has developed and modern markets but has some serious concerns to include female at their place of work. This has thus imposed a challenge in accordance with D&I that it is not to change people but to educate people as many as possible and resolve the issue as Black Rock will never compromise on its D&I priority of gender diversity.

Conclusion:

The Black Rock was originated by the collaborated efforts of eight women with the culture background as street fighters. The company gained success by prioritizing diversity and inclusion vision in their firm. This idea was put forward with the assistance of BGI after its merger with Black Rock. However, with time the role played by women decreased and men were gaining superiority. In contrast, to bring the women back on track a number of organizational programs were established to encourage women to pursue their career.