2 ms·
You'd think serious business people would know that a "relationship" is not "causation". > The research was used by investors, lobbyists and regulators to push
by smarm52 2y ago
You'd think serious business people would know that a "relationship" is not "causation".
> The research was used by investors, lobbyists and regulators to push for more women and minority groups on boards, and to justify investing in companies that appointed them.
https://archive.ph/woefd https://archive.ph/woefd
Where they imply that some people thought there was causation.
> While correlation does not equal causation (greater gender and ethnic diversity in corporate leadership doesn’t automatically translate into more profit) ...
From the actual report.
https://www.mckinsey.com/capabilities/people-and-organizational-performance/our-insights/why-diversity-matters https://www.mckinsey.com/capabilities/people-and-organizatio...