There is much research and literature available online which has been conducted and published by competent and high-profile academic and thought leadership teams. We recommend reading up on several of these studies for greater insights, and the proven economic / commercial reasons for doing so. The word „diversity“ in a business context is often overused or misused. We use it in its broadest sense, meaning not only diversity of gender, but also skills, age, experience,
For those of you with little time (that’s probably all of you?) however, here the executive summary of key benefits and considerations!
- Add gravitas, personalities and backgrounds that will appeal to a greater selection of your target client base
- Different view points and constructive challenging of your strategy will lead to better thought-through decisions and risk-taking
- At this time of high-paced technological advancement and its associated effect on the emerging clients of the present and future, adding youth to your board or advisory panel can help you future-proof your offering and achieve greater appeal with newer generations
- Even with new technologies rapidly changing our economic landscape, history and mistakes have a habit of repeating themselves. Older advisors with experience of several economic cycles may prove invaluable in anticipating potential risks, pitfalls and opportunities for your business.
You can find out more about our diverse Board, or indeed how to diversify yours,on this website.
