As described in the 2003 Supreme Court decision on "Grutter v. Bollinger," the newly embraced conceptualization of diversity as "diversity within all disciplines" requires a renewed effort on the part of educators to determine whether universities are fulfilling their missions of achieving faculty diversity. A related and equally important question is whether current approaches for monitoring and measuring faculty diversity in higher educational settings have the capacity to assess progress toward diversity within all disciplines deemed to be part of the nation's citizenry. Following a review of current approaches for monitoring faculty diversity, including federally recommended utilization analyses, the author proposes a new approach and demonstrates its applicability on real data from a university setting. The author then compares results from the new approach to results from a series of utilization analyses. The comparison reveals limitations of the utilization analysis approach under certain conditions; it also shows the need for an expanded scope of outreach and other programs to attract precollege students to majors and careers in underrepresented areas in order to ultimately increase the available pool of candidates for faculty positions in these areas. The author also offers possible explanations for these results along, with prospects for the future. (Contains 4 figures, 3 tables, and 1 note.)