Today, I want to talk about the McKinsey Report: Why Diversity Matters
In my opinion, this is one of the most cited sources that is used to justify the business case for diversity in organisations, when I say that I mean people generally use this report as evidence to support their argument when claiming that diversity is good for business, specifically because it leads to more profits.
This report is important because of how widely referenced it is but also because of all the reports and research that I have come across, this report is by far the one that is the most misrepresented or misquoted. It is astonishing, and I’m talking about leaders, keynote speakers, Diversity & Inclusion Practitioners. People claiming authority on this topic. Who make it clear that they don’t understand the contents of the report. I’ve been at an event where a panellist actually cited the report as proof that diversity is good for business and then later admitted on stage that they hadn’t read the report, just the executive summary.
This is important because its clear to me that the rhetoric that got us here isn’t going to get us to where we need to be. We all need to be fit for purpose if we’re going to make the changes that we want to see and that means having a clear understanding of what we’re talking about and the strength and the limitations of any evidence that we’re relying upon in our arguments. This shouldn’t be a controversial statement.
In todays show I discuss several things including
- Why the McKinsey Report: Diversity Matters is important
- Key findings of the report.
- Key limitations of the report and much much more
Here are some selected links to for the resources and reports I discuss in the episode.
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