McKinsey Institute for Black Economic Mobility

McKinsey Institute for Black Economic Mobility

Our goal is to inspire, empower, and sustain action that leads to the economic development of Black communities across the globe.

About Us

The McKinsey Institute for Black Economic Mobility is a research institute and think tank dedicated to advancing racial equity and inclusive growth in the United States—and globally. Our mission is to help private-, public-, and social-sector leaders take coordinated action to accelerate Black economic development by providing in-depth research, convening with stakeholders, and translating research into practical assets and capabilities to create real-world impact.

Learn more about the Institute and why it was created.

Article

It’s time for a new approach to racial equity

– Despite decades of efforts by public-, private-, and social-sector organizations, racial inequity has only increased. Can a concerted, coordinated effort reverse this trend?

Featured Research

Article

Building supportive ecosystems for Black-owned US businesses

– The right business ecosystems can mitigate or negate the effects of structural obstacles to business building for Black business owners—and add $290 billion in business equity.
Article

Problems amid progress: Improving lives and livelihoods for ethnic minorities in the United Kingdom

– Britain has made progress on advancing ethnic equality. But minorities are still disadvantaged in many ways, and some groups are particularly vulnerable to economic shocks.
Article

COVID-19: Investing in black lives and livelihoods

– The unfolding public-health and possible economic disaster of the pandemic will disproportionately affect black Americans—unless stakeholders respond immediately.
Article

The case for accelerating financial inclusion in black communities

– A lack of financial inclusion for black Americans exists at every level of the financial system. Understanding the sources of exclusion is the first step to fixing the system.
Report

The economic impact of closing the racial wealth gap

– The persistent racial wealth gap in the United States is a burden on Black Americans as well as the overall economy. New research quantifies the impact of closing the gap and identifies key sources of this socioeconomic inequity.

Featured blog

Blog Post

Introducing the McKinsey Institute for Black Economic Mobility

– Today our firm launches a think tank dedicated to advancing racial equity and inclusive growth to safeguard the lives of Black people around the world.

Our people

The Institute is led by a group of McKinsey colleagues and is governed by internal and external advisers. Our internal advisers comprise global leaders from McKinsey who represent a diverse range of geographies and practices. Our external advisory board, which is composed of senior leaders from across the private, public, and social sectors, bring an objective perspective to our work.

Shelley Stewart III

Partner, New Jersey
Helps companies accelerate growth and design new go-to-market models in the private equity, advanced industries, and technology sectors

Bob Sternfels

Senior Partner, San Francisco
Helping clients transform through technology, innovation, and agility

Dame Vivian Hunt

Senior Partner, London
Dame Vivian advises leading companies on a broad range of strategic topics, with a particular focus on performance transformation, productivity growth and organisational agility, as well as diversity and inclusion

Connect with the McKinsey Institute for Black Economic Mobility