Diversity and profit: what McKinsey's 21% does and does not show
For chief executives, HR heads and owners about to cite "diverse executive teams are 21 per cent more likely to out-earn their industry" in a board paper or investor deck. It reads the method of McKinsey's 2018 report, shows what it cannot answer, and gives six questions to ask first.
#correlation-vs-causation#reverse-causality#diversity-and-inclusion#data-literacy