I don’t expect diversity in the New York supermarket business.  Rightly or wrongly, I have long associated chains like D’Agostino and Gristede’s as places managed by brawny Italian-American men.

In the public relations professions, the spotlight has been shining on the lack of adequate representation by non-male, non-white personnel for quite some time.  Similar criticism — and in some cases, litigation — has been lodged against the advertising and financial services industries.

But the world has changed since Don Draper types ruled on Madison Avenue, right?  Surely, the next generation of technology-driven marketing services would be led by people who more closely resemble those who live in our global communities where our clients sell their wares.

If the speakers and attendees at last week’s Inbound Marketing Summit in suburban Boston were an accurate sampling of who’s guiding us through the transformation from command-and-control “push” marketing to online and offline consumer “engagement” by brands, the answer is no.  The vast majority of those behind the books, speeches, opinions, videos and business models showcased at #IMS09 were  white males, mainly in their 30s and 40s.

One exception was Candace Fleming, CEO of the social media analytics platform Crimson Hexagon.  Another was Tina Hoang, whose Palo Alto, Calif., venture capital firm was trolling the event for companies to back.

While at PR Newswire,  where I worked from 1989 until recently, one of our overarching goals was building a healthy corporate culture and products that represented the needs of our communities.  Key to our success was attracting and retaining talent of all shapes, sizes, colors, orientations, religions and ethnicities.  The many postage stamp-sized images of my former PRN colleagues I see on Facebook each day confirms that we made plenty of progress.

Why is this important?

Census data from 2008 shows 54% of the U.S. population will be 54 percent minority groups — that is “everyone except non-Hispanic, single-race whites” — by the mid-21st century.  Professions that continue to rely on pale, male and stale people, practices and ideas are much more likely to be irrelevant.

One recent research paper on the topic, Elizabeth L. Toth’s  “Diversity and Public Relations Practice,” outlined the challenge for our profession.  Organizations like the Public Relations Society of America and the Institute for Public Relations have dedicated resources to address the issue.  But traditional PR agencies and corporate communications functions are morphing into new entities so quickly, it’s questionable how much impact the longtime industry standard bearers will have influencing the fledgling inbound marketing field.

There is  plenty of wildly successful marketing work being done in Africa, Asia, Europe and in the Americas using digital tools and creative  ideas from people who have never written a book or proclaimed themselves social media experts.  Events like the the trends-and-technologies Pop!Tech conference, in Camden, Maine, Oct. 21-24, have a broad roster of philanthropic doers who are glad to share their successes and failures with PR and marketing pros who want to learn new skills.

For people without thousands of dollars to spend on conferences like Pop!Tech and TED, last week’s Inbound Marketing Summit was well worth the time and investment.  I’d love to see next year’s event held in Indonesia, Argentina or Tunisia.  If not there, at least invite some of their digital marketing superstars to visit Boston.

Mirage? M&A drought appears to be ending in PR, marketing space.

After a long drought, M&A is picking up among the service providers relied on by many corporate communications departments and their agencies .

Entrepreneurs seeking funding for their new initiatives are also breathing a sigh of relief that venture capital is again flowing, with the disruptive ad buying network TRAFFIQ getting $10 million in new funding from two firms yesterday.

In the PR space, the perennially loss-making Medialink video news release business was put out of its misery by Shoba Purushothaman’s VC-backed digital video warehousing startup, TheNewsMarket. Medialink needed a new digital business model and TheNewsMarket had to find a way to help its subscribers generate more content, so we’ll see if a merger can be the catalyst for growth.

The place I called home for 20 years, PR Newswire, pulled the trigger on a deal Friday to buy The Fuel Team, the longtime partner behind the PRN “Media Room” and “IR Room products.”  As with the Medialink/NewsMarket, PRN obviously sees the logic in being a repository for its clients’ myriad digital assets  — not simply text press releases.

Another transaction that closed in the past couple of weeks is Techrigy, the social media monitoring company acquired by the fast-growing UK-based marketing automation roll-up Alterian.  Unlike VC-backed competitor Radian6, Techrigy was privately owned and built its business as an OEM solution more than a retail supplier of monitoring.

Who will buy Radian6 and lesser known SM monitors like Crimson Hexagon?  What about legacy VNR producers — like KEF Media Associates and On the Scene Productions – suffering from shrinking demand for glossy, made-for-TV productions?

Another potential acquisition target is Peter Shankman’s advertising-supported ProfNet clone, Help a Reporter, and Feedroom, which suffers from a TheNewsMarket-vs-Brightcove identity complex.

In their quarterly communications with shareholders, the publicly traded PR services firms Cision and Vocus revealed their M&A agenda. Vocus, which hasn’t had a blockbuster acquisition since buying PR Web in 2006, said it would prefer not to use its extra cash for a share buyback.  Rather, CEO Rick Rudman, said he’d target companies that provide one or more of the same services as Vocus, to expand the customer base; or firms that could be added into the Vocus platform to create a new capability; or an organization in an attractive geographic region not currently served  by Vocus.  Cision, on the other hand, is plagued by debt and actively divesting its European media monitoring businesses to concentrate on its software product, CisionPoint.

Other entrenched PR/IR/marcom services players with money to spend include Berkshire Hathaway’s Business Wire; Thomson Reuters; Nasdaq OMX, which owns Globe Newswire and the IR web-hosting service Shareholder.com; and Jorn Lyseggen’s unconventional sales powerhouse Meltwater Group, which recently began selling a social “buzz” product on top of its inaugural media monitoring service.