McKinsey Institute for Black Economic Mobility’s Post

As we commemorate Juneteenth this year, let's remember that the road to equality across our nation remains a long one. Our recent research highlighted that it would take centuries to close equity gaps for Black Americans, but there are opportunities to accelerate progress through place-based solutions. In a recent column in The Columbus Dispatch, Partner Duwain Pinder focuses in on one of the fastest growing cities in the country, noting it would take 700 years to achieve equality in Columbus on the current trajectory. Duwain highlights for solutions to advance equity for local residents and make the region not just a growing community, but also a thriving one. https://lnkd.in/eQzVHxNN #Juneteenth #InclusiveGrowth

Last week, Associate Partner, Dom Williams, presented our research on the state of Black residents at West Side United's annual meeting, and opportunities to advance outcomes for Black residents in megacities such as #Chicago. #StateofBlackResidents #EconomicMobility

Congratulations to senior partner, Shelley Stewart III, for being named among Bloomberg Businessweek’s innagural Ones to Watch in Investing. The list recognizes established players and rising stars in banking, private equity and asset management. Shelley is a leader within our private equity practice and a co-founder of our Institute for Black Ecomonic Mobility. He is a trailblazer in the conversation around how private markets can be a catalyst for building a more inclusive economy. Please join us in congratulating Shelley! #PrivateEquity #InclusiveGrowth

This week, senior partner, Shelley Stewart III, spoke at the Black Economic Alliance's 2nd Annual Solutions Summit, where he presented on the current state of DEI in corporate America and the McKinsey Institute for Black Economic Mobility's research on how corporations can drive economic mobility and uplift all Americans. #InclusiveGrowth

Senior Partner, Tiffany Burns, has been named one of Most Influential Executives in Corporate America for 2024 by Savoy magazine.   This recognition celebrates the achievements of executives that are trailblazing within their organizations, industries and across corporate America. Tiffany is a leader within McKinsey's consumer practice and managing partner of our Atlanta office. She also leads the firm's 10 Actions toward racial equity.   Please join us in congratulating Tiffany on this incredible achievement. Read her profile below and see the full list of winners - https://lnkd.in/gRHH-Xqc   #Leadership #CorporateLeaders

Last month, we published our report on the state of Black residents in the U.S. and solutions that could be transformative for all communities. Recognizing the shared experiences of many communities of color, we have now extended our insights to examine the state of outcomes and equity for Latino residents as well. In this latest interactive report, users can explore variation in both outcomes and parity for Black and Latino residents on a county-by-county basis across all counties in the U.S. Find out how your county is doing: https://lnkd.in/e-UuMJCm #EconomicMobility #Inclusivegrowth #TheStateofBlackResidents

The advent of generative AI has the potential to exacerbate racial gaps or can serve as a great equalizer and unlock opportunities to advance economic mobility for Black communities. This latest op-ed in Forbes by Shelley Stewart III explores how the choice is ours. #economicmobility #inclusivegrowth #genAI

A new report published by McKinsey & Company Latinos in Hollywood: Amplifying voices, expanding horizons uncovered how improving on-and off screen representation of Latinos, their stories and their culture, could bring about billions of dollars in new review for the industry -- upwards of $12-$18 billion in additional opportunity.   To learn more about the barriers, challenges and more importantly, ways to bring about change, read the full report here: https://lnkd.in/eFygaHZq #latinosinhollywood #latinoleaders #latinoeconomicmobility