September 2021

A first step to racial equality? “Fundamentally improve job quality.”

JP Julien explains why new research on racial inequality is personal and talks about the innovative programs that are showing results.
June 2021

Here are six financial decisions that can help bridge the racial wealth gap

President Joe Biden signed a bill into law making Juneteenth, commemorating the end of slavery in the U.S., is now a federal holiday. Over the past year, the day has taken on new meaning, with many in the Black community and business leaders using the holiday to highlight economic inequality. The racial wealth gap is conservatively $11 trillion and could have ballooned to $13.5 trillion during the pandemic, according to the latest research from Duke University.
June 2021

Black in Focus: McKinsey & Co’s Shelley Stewart III

The U.S. economy is missing out on an estimated $300 billion a year as systems, institutions and businesses discount the power of the Black consumer. That's just one finding of a new McKinsey & Co. report on "The Economic State of Black America." Bloomberg's Karen Toulon speaks with Shelley Stewart III, a partner and head of McKinsey’s Institute for Black Economic Mobility.
June 2021

Black Americans Face Huge Economic Disparities

Closing the racial wage gap in just 20 occupations would boost millions of Black Americans.
March 2021

McKinsey study highlights Hollywood racial inequalities

If Hollywood were to address racial inequities in the film and TV industry, annual revenue could rise by 7%, or about $10 billlion, according to the findings of a new study from McKinsey.
September 2020

One Houston Together: Developing Equitable Communities

Historic gaps in equity and access to opportunity continue to adversely impact communities across Houston. Today, a person’s zip code remains one of the best indicators of their health and wealth. But there are renewed efforts to close the gaps in equity in our region’s communities.
July 2020

Harvard Business School African American Association

Investing in Black Lives and Livelihoods


August 2021

Building Black generational wealth

Morgan Stanley podcast with Carla Harris featuring Shelley Stewart starting at 10:04.
June 2021

Harvard Business Review - Race at Work podcast with Porter Braswell featuring Shelley Stewart

That report examines the racial gaps that exist across the U.S. economy. Shelley Stewart III leads McKinsey’s research on Black economic mobility in the United States and is also a partner with McKinsey’s Private Equity & Principal Investors Practice. Stewart speaks with host Porter Braswell about some of the barriers Black Americans face in the U.S. economy, as workers, business owners, and consumers. They also explore how addressing representational imbalances could create greater economic equity.
March 2021

What’s Keeping Black Employees From Moving Up the Corporate Ladder?

A McKinsey & Company report on race in the workplace found that Black workers are underrepresented in the highest-paying industries and geographies, resulting in their overrepresentation in lower-growth regions and frontline jobs, which tend to pay less.
February 2021

Investing in Black economic mobility

Racial equity and inclusive growth can drive economic mobility and a postpandemic recovery.
January 2020

National Association of Corporate Directors podcast

Automations’ Uneven Terrain