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> Companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial returns above their respective national industry me
by dmitrygr 4y ago
> Companies in the top quartile for racial and ethnic diversity are 35 percent more likely to have financial returns above their respective national industry medians.
Falsely equivocating correlation and causation is really telling.
- rdslw 4y agoSo true. SJW at its finest :-(
- minsc_and_boo 4y agoAnd yet, somehow, there is zero correlation between hiring KKK members and organizational competitive success - hence the false equivocation. Nobody said anything about causation, you raised that straw man yourself. If you'd look up the stat I quoted, you'd see McKinsey says the same thing: >While correlation does not equal causation (greater gender and ethnic diversity in corporate leadership doesn’t automatically translate into more profit), the correlation does indicate that when companies commit themselves to diverse leadership, they are more successful. https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/why-diversity-matters https://www.mckinsey.com/capabilities/people-and-organizatio...