Scottish Widows calls for companies to promote cognitive diversity

Makes ending ‘groupthink’ a priority

Elliot Gulliver-Needham
clock • 2 min read
Scottish Widows calls for companies to promote cognitive diversity

Scottish Widows has called for companies to better understand cognitive diversity and foster a culture of ‘constructive disagreement’ in its new ‘Great Minds Don’t Think Alike’ report.

It said that while companies are working to improve gender and ethnic diversity in senior positions, too many executives are still from similar backgrounds with similar viewpoints, leading to "groupthink". The report, which was co-authored by Scottish Widows and Dr Johanne Grosvold, associate professor at the School of Management at the University of Bath, argued that cognitive diversity is "critical" to the long-term success of companies. Scottish Widows targets net zero across £170bn fund range by 2050 The report found that only one firm out of Scottish Widows' top 25 holdings sp...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Diversity

David Forbes-Nixon of DFN Project SEARCH and the DFN Foundation

Learning Disability Week: We must close the employment gap

Process needs to be inclusive

David Forbes-Nixon
clock 20 June 2022 • 4 min read
Stonehage Fleming XV: The Next Chapter of Wealth is aimed at women who exhibit the characteristics of Stonehage Fleming’s Four Pillars of Capital

Stonehage Fleming launches initiative celebrating businesswomen

Stonehage Fleming XV

Melanie Boulton
clock 13 June 2022 • 1 min read
The Top 100 Gamechangers program spotlights 100 people that are doing more for their community, their organisations and their colleagues.

LGBT Great launches Top 100 Gamechangers 2022

In partnership with Citi

James Baxter-Derrington
clock 31 May 2022 • 2 min read
Trustpilot