A Message from Deputy Secretary Don Graves
U.S. Department of Commerce
SEPTEMBER 8, 2023
We firmly believe that diversity and inclusion are not just morally right but also strategically smart. For example, a McKinsey study found that in 2019 companies that were in the top quartile for racial and ethnic diversity among corporate executives outperformed those in the fourth quartile by 36% in profitability. [2]
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