Embracing diversity leads to better decisionmaking from "summary" of Reimagining Capitalism in a World on Fire by Rebecca Henderson
The principle that embracing diversity leads to better decision-making is crucial for organizations seeking to navigate the complexities of today's business landscape. By bringing together individuals with different backgrounds, experiences, and perspectives, companies can tap into a wide range of insights and ideas that might otherwise remain hidden. Diversity challenges groupthink and encourages the exploration of alternative solutions to problems. When teams are composed of people who think alike, they are more likely to fall prey to blind spots and overlook important factors that could impact their decisions. On the other hand, a diverse group of in...
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