Thomas A. Cole argues in Doing Meritocracy Right that if meritocracy is to persist as an institution–and it must–it requires structural support in the private sector. For America to achieve a version of meritocracy that more closely matches our aspirations, our business leaders must first offer equity of opportunity for individuals to demonstrate and develop their talents on equal terms. Drawing on his decades of experience in advising CEOs and corporate boards, personally serving on the boards of major not-for-profits, and leading a large global law firm, Cole cites elite professional-service institutions–consultancies and law firms especially–as improbable laboratories for equity of opportunity. These workplaces, out of self-interest, are laser-focused on the quality of their professionals, seeking out talent and representation and then judging these individuals on (ideally) equal terms once they’re in place. Here, Cole sees an opportunity that no public initiative or platitudes can deliver: if workplaces seek out representational diversity by applying, with thought and care, a single standard of merit–one that emphasizes character–and by providing training and mentoring on an equitable basis, then they will offer a ladder to social and economic mobility that serves both individuals and society. Meritocracy in the private sector can’t control the many American inequities that exist on the ground of American society. But it can do social good by serving as a reliable, merit-determined path to the highest echelons of business and industry. Cole sets the stage for the discussion of reforms with a “brief history of our imperfect meritocracy,” and rounds out the book with a to-do list for business leaders.
