{"id":2001791,"date":"2023-08-15T19:55:02","date_gmt":"2023-08-15T23:55:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/major-bank-pharmaceutical-giant-participated-in-mckinsey-training-that-banned-white-people\/"},"modified":"2023-08-15T19:59:24","modified_gmt":"2023-08-15T23:59:24","slug":"major-bank-pharmaceutical-giant-participated-in-mckinsey-training-that-banned-white-people","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/major-bank-pharmaceutical-giant-participated-in-mckinsey-training-that-banned-white-people\/","title":{"rendered":"Bank, Pharma Giant Joined McKinsey Training Excluding White Individuals"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmajor-bank-pharmaceutical-giant-participated-in-mckinsey-training-that-banned-white-people%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2001791&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Corporations Participate in Controversial Leadership Training Programs<\/h2>\n<p>U.S. Bank and\u200d Bayer Pharmaceuticals are \u200damong the companies that have recently come under scrutiny for \u2064their involvement in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/major-bank-pharmaceutical-giant-participated-in-mckinsey-training-that-banned-white-people\/\" title=\"Bank, Pharma Giant Joined McKinsey Training Excluding White Individuals\">employee leadership training programs hosted<\/a> by \u2062McKinsey and Company. \u200bThese programs have faced \u2062criticism for excluding white employees based on their \u200brace,\u2062 as revealed in videos posted\u200b online by McKinsey.<\/p>\n<p>The videos showcase McKinsey&#8217;s &#8220;Connected Leaders Academy,&#8221; a career advancement program that aims to accelerate \u200dracial equity and diversify talent pipelines. However, the program only\u200c allows \u200cparticipation from \u2062high-level minority employees, as highlighted by \u2064featured \u200cexecutives from U.S. Bank and Bayer Pharmaceuticals.<\/p>\n<p>McKinsey describes the programs as being delivered through <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/male-college-student-complains-about-cisgender-men-installing-radiator-in-his-dorm-room\/\" title=\"Male College Student Complains About \u2018Cisgender Men\u2019 Installing Radiator In His Dorm Room\">identity-based communities<\/a>, \u2064such\u200b as the Black Leadership \u200dAcademy, Hispanic and Latino Leadership Academy, and Asian Leadership Academy.<\/p>\n<h3>Support and Praise for Discriminatory Programs<\/h3>\n<p>Astrid Benedetto, U.S. Bank&#8217;s Diversity, Equity, and Inclusion Strategy Manager, celebrated \u200cthe racially discriminatory\u2064 program, emphasizing\u200c its role in managing \u2064the company&#8217;s talent pipeline\u200d more equitably and\u2064 fairly.<\/p>\n<p>Allison Smith, the talent management \u2064lead at \u2062Bayer Pharmaceuticals, also praised the \u200cConnected Leaders \u2062Academy, stating that it\u2062 helps develop \u200cemployees\u200d for their future opportunities.<\/p>\n<p>Nicolas Bahamon, Bayer VP of Strategy, \u200dhighlighted\u2064 how\u200b the program has helped him\u200b as a leader to understand different\u2064 approaches when engaging with his Latin\u200c American colleagues.<\/p>\n<p>Employees from\u200b both U.S. Bank and Bayer Pharmaceuticals confirmed their participation in\u200c the program, further demonstrating the companies&#8217; support\u200d and sponsorship.<\/p>\n<h3>Wider Participation and\u200d Backlash<\/h3>\n<p>Best Buy, Liberty \u200dMutual, and numerous\u200b other companies \u2064have also partnered with McKinsey to offer these <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/virginia-superintendents-group-did-not-consult-members-before-issuing-letter-slamming-youngkins-policies-on-crt-dei\/\" title=\"Virginia Superintendents Group Did Not Consult Members Before Issuing Letter Slamming Youngkin\u2019s Policies On CRT, DEI\">discriminatory programs<\/a> \u2062to their employees. Best \u2064Buy&#8217;s involvement, in particular, has sparked calls for a\u200c boycott.<\/p>\n<p>America\u2062 First \u200cLegal, a non-profit legal foundation, has urged \u2062Best Buy employees who \u200dwere disqualified based \u200don their race to\u200c contact the organization \u200bfor <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/monday-november-1st-2021\/\" title=\"Monday | November 1st, 2021\">potential legal action<\/a>.<\/p>\n<p>Liberty Mutual, an insurance industry giant, specified that the program was only available to those who\u2062 identify as Asian, Black, or Hispanic\/Latinx, with\u200d the aim of diversifying talent pipelines and \u200caccelerating careers.<\/p>\n<h3>Program Details \u200dand Reach<\/h3>\n<p>McKinsey&#8217;s Connected \u200bLeaders Academy consists of three course offerings: Leadership Essentials, Management Accelerator, and \u2063Executive Leadership.\u2064 The\u2063 program\u200b is designed for cohorts of\u200b individuals\u200c through their organizations \u200dand is not\u200c accessible directly by individuals.<\/p>\n<p>Since its launch in 2020, the program has engaged over 67,000 Black, Asian, and \u200dLatino professionals from more\u2063 than \u2064900 organizations.<\/p>\n<p>U.S.\u200c Bank has proudly highlighted\u200d its\u200b involvement in the program in \u2062its ESG \u2062Report, emphasizing its \u2063commitment to \u200caffinity-based development programs and the development\u2062 training provided by McKinsey&#8217;s \u2062Black Leadership \u2063Academy.<\/p>\n<p>McKinsey&#8217;s ESG Report \u200dExecutive Summary also mentions the program&#8217;s\u200c broad\u200b reach and impact on diverse professionals.<\/p>\n<p>Both \u200dU.S. Bank, Bayer, and McKinsey have not \u2064responded to requests for \u2062comment regarding the controversy surrounding\u2062 these programs.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">DISCRIMINATION: A Citizen\u200c Journalist has revealed Best Buy is partnering\u200d with McKinsey &#038;\u2062 Company on a Management Training Program.<\/p>\n<p>The\u2064 program is not open \u2062to white applicants.  \u200b\u201cCandidates\u200d must \u200cmeet the [racial] \u200b requirements below\u201d<\/p>\n<p>Any\u200d comment <a href=\"https:\/\/twitter.com\/BestBuy?ref_src=twsrc%5Etfw\">@BestBuy<\/a>? <a href=\"https:\/\/t.co\/lxfivezCa6\">pic.twitter.com\/lxfivezCa6<\/a><\/p>\n<p>\u2014 O\u2019Keefe Media Group (@OKeefeMedia)\u200c <a href=\"https:\/\/twitter.com\/OKeefeMedia\/status\/1688983783620718592?ref_src=twsrc%5Etfw\">August 8, 2023<\/a><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>High-ranking minority employees from U.S. Bank and Bayer Pharmaceuticals seemingly engaged in employee leadership training programs organized by McKinsey and Company. Videos shared by the consulting firm indicate that these programs excluded white employees based on their race.<\/p>\n","protected":false},"author":503,"featured_media":2001792,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-2001791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2001791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/503"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2001791"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2001791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2001792"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2001791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2001791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2001791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}