Clarion call for critical thinkers: A cure for group-think

Going from good practice to great

clock
JB Beckett
Image:

JB Beckett

Cognition and cognitive dissonance in the boardroom is getting much more air time.

It is perhaps tangential to the dominant diversity debate, yet the Financial Reporting Council (FRC) notes: "The boardroom should be a place for robust debate where challenge, support, diversity of thought and teamwork are essential features. "Diversity of skills, background and personal strengths is an important driver of a board's effectiveness, creating different perspectives among directors, and breaking down a tendency towards'group think'." How true but is it really? From a culture perspective, the idea of a NED 'afterlife' was alluring to me; a means to step back from a prev...

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 Regulation

Kimberley Lewis, head of active ownership at Schroders
ESG

Schroders: Why we are against Sainsbury's becoming Living Wage-accredited

AGM on 7 July

Kimberley Lewis
clock 27 June 2022 • 4 min read
The worst contender dropped 166%, with its flows going from net positive to net negative
ESG

Morningstar figures reveal drop in recently ESG rebranded funds flows

Worst fund saw 166% drop

Kathleen Gallagher
clock 24 June 2022 • 5 min read
The UK Infrastructure Bank just surpassed its one year anniversary
ESG

UK Infrastructure Bank to move away from investing through fund managers - reports

Chief executive has come under pressure

Elliot Gulliver-Needham
clock 23 June 2022 • 2 min read
Trustpilot