McKinsey bogus research about diversity leading to better profit
Seems like they may have done a POMA there
EarthDragon
Stealth
3 months ago
Name is aptly “Chamath” ;-)
Node
Stealth
3 months ago
What does it mean?
CandidContent
Stealth
3 months ago
Slap 😄
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Read through the actual article to be doubly sure
Stunned. It's crazy because in my career, I've seen innumerable slides that say 'Source: McKinsey'
If big decisions and plans are being made basis this research, this is almost a crime, I feel.
Article link: https://www.wsj.com/finance/investing/diversity-was-supposed-to-make-us-rich-not-so-much-39da6a23
MightyLazyGeekStar
Stealth
3 months ago
Consulting companies sell air. Ask them to execute and you’d get nothing.
Can someone share more context and the link to original study for everyone’s benefits? I believe this post itself doesn’t have all the context
http://www.mckinsey.com/~/media/McKinsey%20Offices/United%20Kingdom/PDFs/Diversity_matters_2014.ashx
So Gartner quadrants are also bought. You know, every time they promote a company or a product, it is a sell out.
Consulting n all is just bullshit ! Its just that management wants to blame someone else for something they already know so their hire consulting firms. Then pay them huge money to write what they want.
Well, whoever sponsored that study wanted to undermine big tech leaders of that time like Google. And boy, oh boy! Not only they've succeeded, but they've completed wiped Google out, along with taking off a chunk of the open web and internet.
DirtyThesis0
Student
3 months ago
I wonder what number of organisations changed their hiring methodology from hiring based on merit to diversity on the basis of this article. Would all of them be regretting their descision now ?
MelonDesk
Stealth
3 months ago
Consulting firms are dubious in many ways than imaginable.. they sold diversity hiring, NPS and other seemingly but not at all logical theories that made the world miseray
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Now other companies will follow!
According to an internal email, Microsoft cut the DEI team due to “changing business needs.” The team was reportedly eliminated effective Ju...
https://nypost.com/2024/07/17/business/microsoft-fires-dei-team-becoming-latest-company-to-ditch-woke-policy-report/