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Once again, it is necessary to point out the difference between correlation and causation. Is it possible that simply bringing in people of different ethnicitie
by bart_spoon 4y ago
Once again, it is necessary to point out the difference between correlation and causation. Is it possible that simply bringing in people of different ethnicities into your company leadership somehow leads to more profitability? Yes.
But it seems far more likely the reverse is true. In a world where corporations want to demonstrate they are diverse and inclusive, and systemic forces are limiting the number of minorities who make it up the career ladders into leadership positions, minority leadership becomes a scarce commodity. The more profitable and successful a company, the more attractive the company and the more money they have to offer the limited number of minority executives for compensation, increasing the likelihood said executives join their teams.
- AlbertCory 4y agoAnother way of hinting "sampling bias" as I did. > minority leadership becomes a scarce commodity ... one capable of attracting very good offers. An unsuccessful company is unlikely to be able to hire them.