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.

Featured Research

Article

How HBCUs can accelerate Black economic mobility

– Historically Black colleges and universities are uniquely positioned to inspire and support Black Americans in the five critical roles they play in the US economy.
Report - McKinsey Global Institute

The economic state of Black America: What is and what could be

– Closing racial gaps across the economy is not only about righting historic wrongs. It is also about choosing a more dynamic future and realizing the full potential of a massively underutilized source of talent, to the benefit of all Americans.
Report

The case for inclusive growth

– US leaders across sectors have an opportunity to improve economic performance—and bolster individual and community well-being—through investments that embed equity into the development process.
Podcast

Investing in Black economic mobility

– Racial equity and inclusive growth can drive economic mobility and a postpandemic recovery.
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?
Article

Black representation in film and TV: The challenges and impact of increasing diversity

– New research reveals the barriers that Black talent in the film and TV industry faces, the economic fallout, and solutions for creating a more inclusive, equitable workplace.
Report

Race in the workplace: The Black experience in the US private sector

– Advancing racial equity in the workplace is a system-level challenge—ranging from the structural inequities of geography to underrepresentation in industries and jobs that could create additional opportunity to the behaviors of the workplace itself.
Article

America 2021: The opportunity to advance racial equity

– To America’s leaders, innovators, and changemakers: the task of building a more perfect society needs your help.

Reflections: Advance racial equity

To America’s leaders, innovators, and changemakers: the task of building a more perfect society needs your help.

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.

Multimedia

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.

Black Americans Face Huge Economic Disparities

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

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

Global Managing Partner, Bay Area
Bob serves as the global managing partner of McKinsey & Company

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