This month marks the one-year anniversary of the McKinsey Institute for Black Economic Mobility, our research institute and think tank dedicated to advancing racial equity and inclusive growth. Over the course of the year, the institute has focused on its mission to help private-, public-, and social-sector leaders take coordinated action to accelerate Black economic development.
The institute’s work has included publishing in-depth research on the racial wealth gap, increasing Black representation in the workforce, the impact of COVID-19 on Black livelihoods and more. It has also convened leaders to discuss best practices and partnered with more than 20 organizations across industries to improve the economic mobility for Black individuals and communities.
As we look to 2022, we spoke with some Institute leaders about lessons from the past year, what’s next, and how organizations can best embed racial equity into their long-term planning.
It’s been fascinating to see the evolution of our research go from being more reactive to taking on a more proactive lens. Before we launched the Institute, we had published an article on the effect of COVID-19 on Black lives and livelihoods, whic
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