Got deleted. Politics thread is political.until this post I didn't see any
"Diversity makes products so much better and more creative and commercially successful".
Meanwhile the team outselling and outreviewing almost everyone:
"Studies have constantly demonstrated that diverse teams outperform homogenous ones for instance companies with high racial diversity are 35% more likely to have the financial returns above the industry mean inclusive companies are 1.7 times more like likely to be Innovation leaders and varied perspectives breed Innovation creativity and problem solving approaches that are essential in today's rapidly evolving Market landscape"
If this "study" had found that companies with less diversity had higher returns, etc. then it would never see the light of day as it would be deemed entirely racist. What good is any study where the outcome is predetermined? But even if this study were accurate on some level, then are we saying race-based hiring is justified if a company sees financial returns?
No. DEI advocates can't have it both ways. Hiring based on race is racist. Doesn't matter if the speaker in the OP can spin it as good for profits or not.
There are so many ways you can lie and twist the information to make it look like “DEI = good for business”."Studies have constantly demonstrated that diverse teams outperform homogenous ones for instance companies with high racial diversity are 35% more likely to have the financial returns above the industry mean inclusive companies are 1.7 times more like likely to be Innovation leaders and varied perspectives breed Innovation creativity and problem solving approaches that are essential in today's rapidly evolving Market landscape"
If this "study" had found that companies with less diversity had higher returns, etc. then it would never see the light of day as it would be deemed entirely racist. What good is any study where the outcome is predetermined? But even if this study were accurate on some level, then are we saying race-based hiring is justified if a company sees financial returns?
No. DEI advocates can't have it both ways. Hiring based on race is racist. Doesn't matter if the speaker in the OP can spin it as good for profits or not.
if this were true, then hedge funds and other big traders would have figured it out years ago and went long on the racially diverse companies and clean up, because those companies would be massively underpriced in the market. That didn't happen because it's not true. These studies were put out by McKinsey to tell the executives paying them millions of dollars what they wanted to hear, post 2020. You can't just say that people of European descent need to go, that is blatantly illegal (to be sure, many of them did it anyway, but it is illegal), you need a financial justification. So that's why they cooked up these studies."Studies have constantly demonstrated that diverse teams outperform homogenous ones for instance companies with high racial diversity are 35% more likely to have the financial returns above the industry mean inclusive companies are 1.7 times more like likely to be Innovation leaders and varied perspectives breed Innovation creativity and problem solving approaches that are essential in today's rapidly evolving Market landscape"
If this "study" had found that companies with less diversity had higher returns, etc. then it would never see the light of day as it would be deemed entirely racist. What good is any study where the outcome is predetermined? But even if this study were accurate on some level, then are we saying race-based hiring is justified if a company sees financial returns?
No. DEI advocates can't have it both ways. Hiring based on race is racist. Doesn't matter if the speaker in the OP can spin it as good for profits or not.
I'm sure I've asked before but someone please show me a game or show or anything improved by DEI.
It’ll be one of those things where the in-group all start saying it that way just to signal that they’re part of the in group.It's the same thing, but these people are so ridiculously sensitive that they couldn't agree on the order of the letters in the acronym.
Some people place more importance on the E than the D, so will say that the E deserves to be said before the D.
lol who's even making an attempt?Ya'll are never betting the woman hating allegations
does Blackrock and Vanguard have infinite money or there is a shady thing going here? There is a crazy theory about lending money to everyone who forces ESG and then see them go down to buy them for cheap and rein supremeI can only assume ESG money.
Oh no, they do .I can’t believe these people use terms like global citizen and global community and don’t realise how Orwellian it sounds.
It's also illegal and you are going to start seeing a lot more lawsuits coming out in the next several months/years.Hiring based on race is racist.
if this were true, then hedge funds and other big traders would have figured it out years ago and went long on the racially diverse companies and clean up, because those companies would be massively underpriced in the market. That didn't happen because it's not true. These studies were put out by McKinsey to tell the executives paying them millions of dollars what they wanted to hear, post 2020. You can't just say that people of European descent need to go, that is blatantly illegal (to be sure, many of them did it anyway, but it is illegal), you need a financial justification. So that's why they cooked up these studies.
Here is a thorough refutation of those studies: https://maycontainlies.com/discernment-matters-even-more/
Many diversity studies use dubious measures of financial performance, throw away data, and have inadequate controls. This study has all of these problems, as I will shortly describe. But the McKinsey study makes an even more basic error absent from the other studies: they measure diversity after they measure financial performance! In their own words, “The analysis of this report is based on 2022 data on diversity in leadership teams and 2017-2021 data on financial performance.” This makes it very likely that any relationship is due to reverse causality: it is financial performance that allows companies to invest in diversity, rather than diversity causing financial performance.
McKinsey is a premier consulting firm, but that is very different from having expertise in scientific research. The team composition makes it more likely that the study is advocacy, rather than scientific research.
McKinsey make the same basic errors that they did in all their earlier papers, despite the numerous problems having been pointed out (and covered in non-academic outlets such as the Wall Street Journal), and also by other researchers.
you want the game console market to grow beyond 200M, but you don't want women to buy game consoles.
I can’t believe these people use terms like global citizen and global community and don’t realise how Orwellian it sounds.
GTFO with that crap manyou want the game console market to grow beyond 200M, but you don't want women to buy game consoles.
you want the game console market to grow beyond 200M, but you don't want women to buy game consoles.
you want the game console market to grow beyond 200M, but you don't want women to buy game consoles.
1 word: Disney.
1 question: Why are you going to succeed when they have objectively failed since pivoting hard towards DEI ?
As much as i wish it to be true, there is tons of woke libs in the western world, especially among devs, and many, like Druckmann, hermen hulst etc, are at the top positions, meaning they calling the shots, their products have to underperform by big margin for them to lose their jobs, then we gotta hope more sane ppl take the lead, and only then can we expect return of sanity and reality.Please no more DEI treads. I cant contain it any longer and are about to unleash my 10 page long honest opinion with a nice ban right after.
DEI is dead. Lgbqueef is dead..
The world has spoken. Elections have spoken and proved people reject it world wide.
So lets just watch it burn to the ground and stop spreading the lgbqueef propaganda
Spot on. Another thing that doesn't get talked about is that many massive corporations actually like when layers of bureaucratic nonsense is forced on businesses. For no other reason than the fact that it crushes competition from smaller companies that don't have the lawyers, accountants, and manpower to deal with it.I'd bet good money that these are correlations being spuriously used to imply causation. This happens all the time in the media. Anyone who has taken a basic stats or experimental design course knows that you cannot infer causation from correlation. That doesn't stop journalists and management consultants from doing it every day, though.
There is a correlation between financially successful firms and those with diversity training etc. The consultant is implying that DEI creates the financial success. It is far more likely that being financially successful allows one to indulge in diversity training, etc. They have the causation backwards, in other words.
p.s. What would be informative is to look at companies before and after implementing DEI programs. Does it help or hinder? We have many examples where instituting DEI policies has hindered profit.
I don't even see any entertainment companies on this list either, mostly megacorps. Some are doing quite poorly now too, looking at you intel lol.
I have high hopes.As much as i wish it to be true, there is tons of woke libs in the western world, especially among devs, and many, like Druckmann, hermen hulst etc, are at the top positions, meaning they calling the shots, their products have to underperform by big margin for them to lose their jobs, then we gotta hope more sane ppl take the lead, and only then can we expect return of sanity and reality.
Those guys are zealots of wokeism, aka secular religion 2.0 and no arguments gonna make them change their clown views unfortunately =/
This, basically before I was of the assumption that creative industries like gaming were the first and easiest to be infiltrated but it is more complex than that and those types there are just the foot soldiers and useful idiots as I see it now also due to my own experiences in banking and finance.I'd bet good money that these are correlations being spuriously used to imply causation. This happens all the time in the media. Anyone who has taken a basic stats or experimental design course knows that you cannot infer causation from correlation. That doesn't stop journalists and management consultants from doing it every day, though.
There is a correlation between financially successful firms and those with diversity training etc. The consultant is implying that DEI creates the financial success. It is far more likely that being financially successful allows one to indulge in diversity training, etc. They have the causation backwards, in other words.
I have high hopes.
The world is changing back to normal but it will take a very long time though our little 10 year old ones turn into gen x's you watch.
There were many other elections in the world where it went right on centre.I don't want to discourage your hopes, but I think Pete is right on this one. DEI thinking is entrenched in academia. That's where it started. It's not going anywhere. One Presidential election isn't going to dislodge it. They will continue to indoctrinate young people. DEI thinking is also ensconced in the media, government, and the arts.
To them, this is the good and the true. It's not something they are just going to give up because of one election. In some ways, they may double down.
It's good that some businesses are dialing back. But notice, that's because business has to pay attention to results. The other sectors - academia, media, and government in particular - do not. So they will continue to push DEI.
I hope you're right. I agree that, if it does happen, it will take a long time, at least a generation.
DEI thinking is entrenched in academia.
You know its going bad but very bad when even the leftists that supported the agendas are going right as even they had enough of how far left it went .
But it's only a matter of time for people stop caring about what text books and long academic discussions about society bring to the real world, a correction is about to happen, I only hope when the swing goes hard right, it doesn't go radical mad dog seclusionist and hate sets in for everyone not homogenized by the same politics/race/religion/whatever else, the left can work like that because they're the loudest minority but a large community doing that can lead to bad things
But it's only a matter of time for people to stop caring about what text books and long academic discussions about society bring to the real world, a correction is about to happen, I only hope when the swing goes hard right, it doesn't go radical mad dog seclusionist and hate sets in for everyone not homogenized by the same politics/race/religion/whatever else, the left can work like that because they're the loudest minority but a large community doing that can lead to bad things