February 27, 2024 11:05 am
Does diversity truly benefit business?

As a journalist, I have noticed that there are various ways to manipulate studies to show a more favorable outcome. It is common for correlations between company performance and diversity to be less clear-cut than they may appear. While some McKinsey report claimed a strong link between diversity and earnings before interest and tax (EBIT) using a specific methodology, it is important to consider other performance measures such as total shareholder return (TSR). This measure reflects the actual return that investors receive from investing in a company, making it a more natural and accurate indicator of success. To avoid blindly accepting claims about diversity without critical thinking, it is crucial to examine the evidence carefully and consider multiple perspectives.

Leave a Reply