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Black Women Increasingly Seek the Corner Office

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Mellody Hobson (Courtesy of USC)

Mellody Hobson (Courtesy of USC)

by Jessica R. Key
Special to the NNPA from the Indianapolis Recorder

In business, there’s long been a perception among Black employees that they must work harder than their white counterparts to rise to the top. A recent report suggests Black women in particular are eyeing the executive office more so than their white peers.

A study conducted by the Center for Talent Innovation (CTI), a think tank which conducts research on the challenges diverse individuals face in the workplace, published a report that shows Black women are more likely than white women to aspire to a powerful position with a prestigious title.

“Black Women: Ready to Lead” also uncovers that Black women also perceive a powerful position as the means to achieving their professional goals and are confident they can succeed in the role. Yet, despite their ambition and qualifications, Black women often feel stalled in their careers.

This inertia can be attributed to the unconscious biases and the lack of advocacy these women face in the workplace.

The study was inspired by a report conducted last year by CTI that looked at women in the U.S., U.K. and Germany and found women often were not seeking positions of power. When they dug deeper, they discovered other racial groups had ambivalence to power except Black women.

Mellody Hobson, president of Ariel Investments and wife of film director and producer George Lucas, penned the report’s foreword.

“What sparked this was through some of the interviews conducted. Some of the African-American executives commented they really weren’t seeing an ambivalence to power from Black women,” said Tai Green, senior vice president at CTI and co-author of Black Women: Ready to Lead. “They said executive leadership positions, they find, are a hard sell for this group.”

Green and her team then focused on women in the U.S. to see if the data aligned with their qualitative research. All Black women questioned had a college education and oftentimes had leadership experience outside of their jobs.

“We saw the narrative around Black women was one that isn’t really fraught with talk of the confidence gap or a need to ‘lean in’ as a group, but is far more likely to aspire to positions of power,” said Green.

She added that Black women are three times more likely than their peers to go for the top spot. Why?

Green said Black women responded they were raised hearing statements such as “you need to work twice as hard to be viewed equal to your peers” or “a lot of people struggled and sacrificed to make sure you have the opportunity to compete.”

“There was a deeply rooted understanding of what it means to not have a voice in this country for so long that really drove them to go for it,” said Green. This attitude stemmed from both obligation and personal ambition.

Green said where Blacks are similar to their white counterparts were among five things: the ability to flourish; to excel; to reach their purpose; the ability to empower others and be empowered; and have the ability to earn well.

Looking closely at attitudes about women’s finances, there was a gap. Fifty four percent of white women listed “the ability to earn well” as being important. For Black women, it’s 84 percent.

“We found that Black women list financial independence as a top goal,” said Green.

One possible contributing factor: Black women are more likely to be unmarried and supporting others such as raising nieces and nephews or significantly giving back to their community. To these Black women, having a top job means more money in order to completely and independently fulfill their financial obligations.

Green, who is African-American, said though Black women aspire to a powerful position with a prestigious title, external data shows there are still less than one percent of Black women who are CEOs of Fortune 500 companies.

“When we looked at the barriers to this, we found there is unconscious bias in the workplace. Black women said they felt they needed to conform to the traditional white, male standards in order to fit in or be seen as leadership material,” said Green.

Additionally, there is a lack of sponsorship or people speaking out on Black women’s behalf. Only 11 percent of Black women have senior level advocates. Hobson, who was named one of Time magazine’s most influential people, said instead of primarily looking to another Black person, Black women should look to others outside of their race as an advocate.

Angela Dabney, vice president of global initiatives and transformational giving at United Way of Central Indiana understands why the study may have been conducted, but strongly maintains she believes that Black women aspire to ascend barriers their mothers and grandmothers faced.

“I don’t necessarily think it’s the higher title. It’s getting beyond the societal expectation for them that has been for so many years,” Dabney added. “I feel Black women feel the need to make change, to change the world, and to do that, they need a certain level of power.”

Dabney said instead of chasing titles, Black women should strive for a good work/life balance and do what makes them feel fulfilled.

Dabney said her story reflects her beliefs. She worked in corporate America for many years and found she enjoyed volunteer work. When she moved to Indianapolis, she sought a job in the nonprofit sector and said the United Way is the place where she feels she has the greatest opportunity to make the greatest change. She develops strategies to ensure local initiatives align with nationwide United Way initiatives. She also works with high-level donors.

“Of course it was putting in the long hours, mentors and role models, but I have a passion for what I do,” said Dabney. “Women should go for positions they are passionate about. Going to work is much more fun when it matters to you.”

Green said she didn’t intend for the report to be polarizing, but wanted to show the comparisons between white and Black professionals because the narrative around white women is so widely reported.

“Because Black women’s background, experiences, and challenges differ from that of white women, we thought it was critical to show a side-by-side comparison and for organizations to see that taking a one-size-fits-all approach won’t work,” said Green.

WHAT BLACK WOMEN WANT MOST FROM WORK

• 91% Ability to flourish
• 89% Ability to excel
• 85% Ability to reach for meaning and purpose
• 81% Ability to earn well
• 73% Ability to empower others and be empowered

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Oakland Post: Week of March 18 – 24, 2026

The printed Weekly Edition of the Oakland Post: Week of March 18 – 24, 2026

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Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances. 

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Sponsored by JPMorganChase

As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support 

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC

© 2026 JPMorgan Chase & Co.

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Oakland Post: Week of March 11 -17, 2026

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