New research is questioning the methodology of a 2015 McKinsey study that linked profits with executive racial and gender diversity. The original study was influential, used by investors, lobbyists, and regulators to advocate for more diverse leadership in companies. However, the new findings suggest that the approach has been tested in the marketplace and failed to show a consistent link between profitability and executive diversity. This revelation has sparked discussions about the validity of diversity initiatives in the corporate world.
I’m surprised at the vibe shift. WSJ published this article which says diversity doesn’t have a positive impact on the bottom line. It seems McKinsey & co made up a study that has never been replicated. https://t.co/ZuAUSu080n
A 2015 McKinsey study was used by investors, lobbyists and regulators to push for more diversity on boards, and to justify investing in companies that appointed them. There are obvious benefits to diverse leadership, but the McKinsey study was fundamentally flawed- a number of… https://t.co/16XIcy7zRK
"McKinsey declared in 2015 that it had found a link between profits and executive racial and gender diversity...the approach has been tested in the fire of the marketplace and failed...there is in fact no link between profitability and executive diversity" https://t.co/gyoIox3Lhi
Maybe you were told that in business there is 'a link between profits and executive racial and gender diversity.' It's not true. From @WSJ https://t.co/EkYJVCRwAt https://t.co/V4vVr4lSk2
Diversity Was Supposed to Make Us Rich. Not So Much. | WSJ New research questions the methodology of a McKinsey study that helped create widespread belief that diversity is good for profits When management consulting firm McKinsey declared in 2015 that it had found a link… https://t.co/OGQC9R7wYA
MyPOV: how a flawed @McKinsey study started the DEI scam. Diversity Was Supposed to Make Us Rich. Not So Much. https://t.co/OasOOag6CI
New research questions the methodology of a McKinsey study that helped create widespread belief that diversity is good for profits https://t.co/whD1QJRlQP
🤔 From WSJ: “When management consulting firm McKinsey declared in 2015 that it had found a link between profits and executive racial and gender diversity, it was a breakthrough. The research was used by investors, lobbyists and regulators to push for more women and minority…
New research is questioning the methodology of McKinsey studies that helped create widespread belief that diversity is good for profits. This shouldn’t come as a surprise, writes @jmackin2. https://t.co/9jdzTcePRz https://t.co/9jdzTcePRz
Streetwise: New research is questioning the methodology of McKinsey studies that helped create widespread belief that diversity is good for profits https://t.co/iD2SV59Lma
Awesome study from @GirlsWhoCode and @AIRInforms highlighting the critical role of targeted educational initiatives in fostering gender diversity in tech 👏👏 https://t.co/gTjwyOyVzY