Re:Diversity Makes Projects More Successful
by geezerjay on Saturday March 25, 2017 @05:13AM
(#13954734)
It seems that this article quotes a boatload of sources which could be presented as blatant examples of the very old and often forgotten motto "correlation does not imply causation".
Taken from the article:
> A study from McKinsey Research, for example, showed that across industry, gender diversity on a leadership team brough 15 percent higher financial returns than those without; those with ethnic diversity brought 35 percent higher returns.
Does anyone actually believe that an all-male, all white investment company would suddenly and magically see their returns increase by 35% if they added token employees to the team?
Perhaps a more reasonable -- and realistic -- explanation would be that success-driven companies hire based on results, and results aren't gender or even race-specific.
Taken from the article:
> A study from McKinsey Research, for example, showed that across industry, gender diversity on a leadership team brough 15 percent higher financial returns than those without; those with ethnic diversity brought 35 percent higher returns.
Does anyone actually believe that an all-male, all white investment company would suddenly and magically see their returns increase by 35% if they added token employees to the team?
Perhaps a more reasonable -- and realistic -- explanation would be that success-driven companies hire based on results, and results aren't gender or even race-specific.
Doubleplusgood!