Question

True or false: Although diversity and inclusion are worthy goals, a study by McKinsey and Company Global Consulting Firm found that organizations that exhibit gender and ethnic diversity are no more likely to outperform organizations that lack gender and ethnic diversity

Answer 1

McKinsey and Company Global Consulting Firm conducted a research on the impact of inclusion and diversity at workplace for about 1000 companies in 12 countries. Profit and long term value creation was studied for these companies. The diversity and inclusion at each organizational level was studied.
The research showed a direct correction of diversity and inclusion with the company profit.
Companies with greater gender diversity and more mixed ethnic employees showed a greater profit than companies which lack ethnic and gender diversity.
Companies with greater gender and ethnic diversity outperformed the one's that lack ethnic and gender diversity.
So the above statement is false.