Report Shows McKinsey's DEI Studies Were Garbage

...studies from the global consulting firm McKinsey & Company showing a correlation between Diversity, Equity, and Inclusion (DEI) programs and significant profits were based on junk research.

“Our results indicated that despite the imprimatur often given to McKinsey’s 2015, 2018, 2020, and 2023 studies,” researchers concluded, “McKinsey’s studies neither conceptually (in terms of the correct definition of causality) nor empirically (in terms of their set of large US public firms) support the argument that large US public firms can expect on average to deliver improved financial performance if they increase the racial/ethnic diversity of their executives.”

In other words, McKinsey’s studies touting diversity are not reliable...