Showing 3 results for:

McKinsey & Company

by Topic

All results

3
Op-Ed: Why We Must Close The Black Tech Talent Gap Now

Tech moves at a fast clip. I’ve seen this firsthand in my career, the last eight years of which I’ve spent at McKinsey & Company helping businesses use tech more efficiently, by developing cloud and security transformations. The systems and technology may evolve, but one thing has remained largely the same: I’m often the only Black woman in a room full of technologists. We might speak the same technical language, but our experiences couldn’t differ more. I’ve tried to embrace everyone’s differences, relating to people in other ways. Because this has been my journey, this topic was incredibly important to me as it is so to so many others. Closing the Black tech talent gap — which persists despite diversity efforts from the world’s leading businesses — is now more important than ever. Black people make up 12 percent of the U.S. workforce but only 8% of employees in tech jobs, and an even smaller 3% of technology executives in the Fortune 500, no surprise to many of us who are...

Jan Shelly Brown

Mar 17, 2023

It Could Take 95 Years for Black Workers in the Private Sector to Reach 12% Representation in Leadership Roles, Study Finds

On the current trajectory, it would take roughly 95 years for Black professionals working in the national private sector to reach 12 percent representation in management roles, a new report finds. McKinsey & Company published this finding amongst others in its inaugural Race in the Workplace: The Black Experience report. The new report studies Black professionals working in the U.S. private sector, diversity, equity and inclusion programs and what economic success looks like. Walmart, the W.K. Kellogg Foundation, PolicyLink and the McKinsey Institute for Black Economic Mobility collaborated to conduct research on 24 national companies, which represent 3.7 million employees. Monne Williams, Atlanta partner at McKinsey & Company and co-author of the new report, told AfroTech that McKinsey invited a number of companies and they had to opt-in to participate. This initial report focuses on large employees with good industry representation, she said. “We looked at current representation...

Michelai Graham

Mar 5, 2021

LeanIn.Org Releases Powerful Report On 'The State of Black Women in Corporate America'

As the U.S. finds itself in the midst of a social reckoning, employees in corporate America are demanding that companies across all industries address the uncomfortable reality of unfair work environments. For women in the workplace, data has shown them to be at the bottom of the totem pole when it comes to promotions, pay equity, and access to resources their male counterparts have. Of all the reports from within corporate America, what has become strikingly clear is that women of color and Black women, in particular, are having the worst experiences of them all. In honor of Black Women’s Equal Pay Day, this year LeanIn.Org — an organization that helps women achieve their ambitions and work to create an equal world — has published a new research report that speaks to “The State of Black Women in Corporate America.” Courtesy Photo The new report draws on several years of research conducted and compiled by LeanIn.Org and McKinsey & Company as well as data submitted by companies like...

Njera Perkins

Aug 13, 2020