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Black Consultants Lead Purpose-Driven Business Strategies
This story is a part of Black Business Month series
In celebration of Black Business Month, let’s explore the impact of Black consultants in today’s changing corporate environment.
Black consultants are stepping up not only as business strategists but also as champions of social justice. These professionals are driving significant changes in the way businesses operate, particularly in the areas of Diversity, Equity, and Inclusion (DEI) and Environmental, Social, and Governance (ESG) strategies. By leveraging their unique perspectives and experiences, they are advocating for more equitable corporate structures while delivering innovative solutions that foster business success.
A study by McKinsey & Company highlighted that companies with diverse executive teams are 25% more likely to have above-average profitability. This statistic demonstrates the importance of incorporating DEI into business strategies, a trend that Black consultants are at the forefront of.
Crowdfunding: A Game Changer for Black Business Owners
One of the key areas where Black consultants are making an impact is in the financial empowerment of Black-owned businesses. Access to capital remains a significant…