Making Diversity Work
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It is widely accepted that diversity in board composition can have a positive influence, enabling the expression of diverse viewpoints and robust debate. However, diversity in itself does not necessarily ensure effective processes. How can boards create conditions for optimal decision-making through cognitive diversity?
Board diversity is generally acknowledged as a good thing. Most boards require a diverse set of functional, industry and geographical experience and expertise. Demographic diversity is seen as positive – especially if it mirrors the customer base, the overall workforce and the local community...
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This article was first published in the Q4 2024 issue of the SID Directors Bulletin published by the Singapore Institute of Directors.