women and people of color were most likely to be placed at the head of a company when it was already at risk of failure; white men were less likely to accept leadership positions when companies were at risk of failure; and when women or people of color failed to quickly turn around the struggling company, they were most likely replaced with white men. Women and people of color are often only given the opportunity to steer ships that white men have already rammed into icebergs. Then, when the ship sinks, the media reports that women make bad captains.
