Thank you for this article. Earlier this year, I analyzed the "landmark" Herrick and McKinsey studies, which allegedly established that diversity made businesses more profitable. The Herrick study alone had over 1800 academic citations.
Thank you for this article. Earlier this year, I analyzed the "landmark" Herrick and McKinsey studies, which allegedly established that diversity made businesses more profitable. The Herrick study alone had over 1800 academic citations.
It was complete garbage: due to an amateur-hour coding error, companies for which sales were unknown were coded as $88,888,888,888! And that was just the beginning. Yet it was widely praised and cited for nearly a decade -- until some more conscientious researchers exposed its flaws.
When researchers believe so strongly in a particular cause and wish for a particular outcome so much, objective studies are elusive.
Thank you for this article. Earlier this year, I analyzed the "landmark" Herrick and McKinsey studies, which allegedly established that diversity made businesses more profitable. The Herrick study alone had over 1800 academic citations.
https://jensheycke.substack.com/p/dei-studies-that-prove-nothing
It was complete garbage: due to an amateur-hour coding error, companies for which sales were unknown were coded as $88,888,888,888! And that was just the beginning. Yet it was widely praised and cited for nearly a decade -- until some more conscientious researchers exposed its flaws.
When researchers believe so strongly in a particular cause and wish for a particular outcome so much, objective studies are elusive.