huge investment in diversity training and DEI benefits less than 1% of the country.

#23 | POSTED BY FISHPAW

DEI benefits companies and employees financially and in many many other ways.

A 2020 study by McKinsey & Company found that companies in the top quartile for racial and ethnic diversity are 35% more likely to have financial returns above their respective national industry medians.

The study also found that companies in the top quartile for gender diversity are 21% more likely to have financial returns above their respective national industry medians.

"Distinguished professors could not replicate their results and found no significant correlation."

Name one.

The discussion about financial gains or costs is just a huge distraction anyway.

DEI is a value in and of itself, not meant to be a means to make more money- tho it can. The way we treat each other and jointly achieve results is what matters here.

You are equating political backlash and criticism with peer review.

DEI has not been "discredited ".

Despite the criticism, many organizations still believe in the importance of promoting diversity, equity, and inclusion.

The criticism just highlights the need to refine DEI strategies and develop more effective implementation methods.

The debate in those companies is usually around how best to achieve the goals of diversity, not the (common) sense of whether it works or whether diversity is valuable.

Done correctly DEI Benefits can include:
Increased employee engagement
Improved innovation
Increased market share
Reduced turnover
Better talent acquisition
More creativity in teams
Better decision-making in teams