Beyond representation: advancing black leadership in corporate America

Thierry Mandarin, Aashni Shah, Shafali Goutam 28 Feb 2025

Celebrating Black History Month. Women's history month banner. Black History Month.

The theme for Black History Month 2025 is “African Americans and Labor”. What does this actually mean? According to the Association for the Study of African American Life and History (ASALH) this focuses on “…compensated labor in factories, the military, government agencies, office buildings, public services, and private homes.”

At Leathwaite, we believe that bold ideas, deep market expertise, and continuous progress drive better leadership decisions. This article shares real market insights, offering perspectives on Black leadership within product management, software engineering and technology, and human resources in the United States. Leathwaite’s clients are at the heart of this whitepaper: to offer our clients points of consideration directly from the market.

We’ve gathered insights from leaders across industries to explore challenges, opportunities, and actionable strategies. To foster open, honest dialogue, all contributors are anonymous—ensuring a candid and meaningful discussion on leadership, representation, and the path ahead.

Due to recent administration changes, we have decided to anonymise the name, position or company of the individuals we have spoken with to protect their identities and positions.

By sharing these insights, we hope to spark meaningful conversations, challenge perspectives, and support our clients in fostering truly inclusive leadership teams. Together, we can shape a future where diversity isn’t just a goal—but a driver of success.

The weight of leadership and the power of representation

 

For many Black executives, leadership is both a privilege and a challenge. One executive described it as an “immense responsibility”—a role where associates and middle managers see him as the standard of success. However, this visibility comes with pressure: “You have to be on all the time—better prepared than anyone else.”

Another leader in banking and payments sees leadership as a way to give back, mentoring the next generation of African American professionals. In her recent hires, she intentionally sought out ambitious, hardworking individuals who, unlike her earlier career, now have someone to look up to who looks like them. She emphasizes the need for senior Black executives to do more in fostering the next wave of leaders.

For some, leadership is about authenticity—not just representation, but diversity of thought and experience. One African American executive reflected on being the only Black professional in the room for much of his career, a dynamic that shifted post-2020 as diversity and inclusion gained new urgency. With this heightened awareness comes a greater responsibility to mentor and elevate others.

A former Fortune 500 CHRO echoed this, noting that while HR has made strides in diversity, functions like technology and product management are beginning to see real progress as well.

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Potential barriers for African American leaders today

 

Breaking into leadership often requires unspoken insights that aren’t always readily available. One executive recalled early in her career dressing informally with bright-colored nails—until an ally advised her on the fine print of leadership expectations: dressing formally, engaging strategically, and building a personal brand. She now mentors others, passing on these lessons to help them navigate their own career progression.

Beyond personal branding, access, exposure, and pipeline challenges remain significant barriers for Black leaders in corporate America. One executive emphasized that while these obstacles are well known, true progress requires companies to actively foster inclusive environments and values-driven cultures—not just to recruit diverse talent, but to retain and develop them into future leaders.

The role of mentorship and networking in professional development

 

For many Black executives, mentorship and networking have been critical to their career progression. Their talent was recognized by others, creating opportunities to prove themselves—but as one executive put it,

 

“…not a lot of people that look like us get those opportunities. Eventually, it becomes a cycle because you feel indebted.”

 

Beyond personal connections, pipeline opportunities—such as courses, training programs, and industry seminars—play a meaningful role in leadership development. While these resources exist at both macro and micro levels, the executives we spoke to emphasized that success requires proactivity: “It does not necessarily mean that they shouldn’t be curious and go seek it.”

At the same time, organizations and leaders must actively open doors—recognizing potential and ensuring access to the right networks. Curiosity, access, and strategic partnerships together form a powerful foundation for career growth.

One executive also highlighted the important distinction between mentorship and sponsorship—while mentors offer guidance, sponsors actively advocate for talent, ensuring high-potential leaders get the visibility and opportunities they need to advance.

What does Black History Month mean to you?

 

Black History Month is an opportunity to speak through to those heroes throughout history, and to recognise that United States history is Black history – they are one and the same.

Another executive emphasized that it’s about legacy; throughout the year, she is always on “go mode” as a leader but this allows her to reflect and see how far they have come. Specifically, she thinks about her family and her grandfather and grandmother who did not graduate from university yet were smart individuals, and now she will graduate from an Ivy League School.

The celebration of labor is a celebration of the progress African Americans have made, especially within Banking and Technology. When he thinks of Black History Month, he remembers the role of leaders that came before him, both mentored and sponsored his journey to leadership and now, he can give back.

According to one executive, celebrations are unappreciated or don’t receive the necessary exposure because the right people are not leading these celebrations or conversations throughout Black History Month. These are sometimes led by non-African Americans talking of challenges and problems in which Black people face, and whilst the intention is positive – Black History Month and Labor needs to come directly from direct experience.

 

How is your organization supporting Black leadership development and how can organizations go beyond diversity initiatives to truly foster inclusion and career progression? We’d love to hear your thoughts.

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Thierry Mandarin

Thierry is a Senior Associate in Leathwaite’s Global Marketing, Product and Sales practice and also our CEO, General Management and Board practice. He supports clients globally to source and retain senior leadership talent across the Financial Services, Technology, Telecoms, Media,…

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Aashni Shah

Aashni is a Senior Associate and sits within Leathwaite’s UK&I HR practice in London. Prior to joining Leathwaite in 2021, Aashni previously worked at Ernst and Young where she trained as an audit associate. Education Aashni graduated from the University…

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Image of Leathwaite employee Shafali Goutam

Shafali Goutam

Shafali Goutam is a Senior Associate in the New York Office. Prior to joining Leathwaite, Shafali founded an Employee Wellness Start-up in Mumbai, India and has also worked in Human Capital consulting at Aon. Education: Shafali graduated from The University…

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