McKinsey Study That Spawned Corporate DEI Programs Unravels
By AFP Staff
July 7, 2024
Originally published at The Daily Signal, reprinted with permission per published copyright guidelines
As the wind slowly goes out of the sails of corporate diversity, equity, and inclusion programs, it’s worth noting how much purveyors of this nonsense have peddled their ideology under the false premise of data, science, and research.
The Wall Street Journal published an article Friday about the consulting firm McKinsey's 2015 announcement that it had “found a link between profits and executive racial and gender diversity.” This 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.”
It certainly has paid big dividends for peddlers of DEI.
Within five years, there was a massive shift in how many companies hired and conducted their business. In 2020, the DEI ethos metastasized. Companies not only embraced the “racial reckoning,” they began to implement full-scale—and almost certainly illegal—racial quotas.
https://armedforces.press/mckinsey-study-that-spawned-corporate-dei-programs-unravels/