Creating A Society We’d Like With DEI and Money
‘We know what we are, but know not what we may be.’ - Hamlet
Samirah Evans, Jimmy Robitaille, Anand Nayak, making music.
We are dismayed, disgusted, distracted, by all that’s wrong in the world. To cure these ills, it’s necessary to focus on positive developments. I scurried around looking for some good news, turning pages in the mainstream media – not much there, digging deep as a badger for nuggets in the alternative media, not much there, asking friends, forlorn and wilting like flowers in frost, not much there, and then I found it! I found good news where the capitalists consort, at the World Economic Forum.
In their report for The Global Parity Alliance 2023, we read that businesses – not social justice nonprofits, government distributions, universities, unions, regulatory agencies, or other snake dens of woke, communist, unAmerican sentiment – we read that “ethnically diverse companies and gender diverse companies are 36% and 25% more likely, respectively, to financially outperform (from a total return to shareholders perspective) organizations that are of average diversity in their industry.” McKinsey & Company, "Diversity Wins".
They found an overwhelming majority of executive leaders and investors were willing to pay a premium to acquire a company with a positive environmental, social, and governance (E.S.G.) record. They found that 39 percent of global job-seekers turned down or decided not to pursue an opportunity because of a perceived lack of inclusion—and unsurprisingly, that preference was even more true for younger employees.
And they found that ethnically diverse companies and gender diverse companies are 36% and 25% more likely, respectively, to financially outperform (from a total return to shareholders perspective) organizations that are of average diversity in their industry.
Got that?
If you want to know where the money is, it’s in Diversity, Equity, and Inclusion. Want more money? It’s in DEI. Want your company to rule? DEI. Want your portfolio to rock? DEI.
Now you know. The entire report is worth reading, as it’s informative and refreshing as clean water.