The Moneyball mindset: Socioeconomic diversity, polish and the mis-pricing of talent

We are the sum of many parts

clock • 4 min read

The DEI movement has had many catalysts and pivotal moments over the years. Beyond the moral arguments, there was always an inference that organisations would benefit commercially from enhanced diversity of thought if they added more females and ethnic minorities into their workforce.

Although well-meaning, this line of argument slightly missed the point. Cognitive diversity comes from differing tastes and personalities, neural pathways and lived experiences. And so as far as the business case goes, gender and ethnicity were always just visible proxies for these things. Though much more needs to be done on both those counts, thankfully the diversity debate is now moving to a deeper, more nuanced place. A whole plethora of additional diversity characteristics are now being recognised and discussed. This is to be celebrated. After all, we are the sum of many parts, n...

To continue reading this article...

Join Investment Week for free

  • 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

Sarah Maynard (pictured), global senior head of diversity, equity and inclusion at the CFA Institute

CFA Institute's Sarah Maynard: A new framework for an inclusive investment industry

Organisations need a proven framework

Sarah Maynard
clock 16 November 2023 • 4 min read
Karis Stander (pictured), director of the culture, talent and inclusion team at the Investment Association

Inaugural IA EDI report finds smaller firms are setting fewer targets

Concerns over effectiveness of the targets

Eve Maddock-Jones
clock 16 November 2023 • 3 min read
Matt Cameron (pictured), CEO of LGBT Great

LGBT Great unveils charity gala to fund increased representation in media

Collaboration with OKRE

Elliot Gulliver-Needham
clock 14 November 2023 • 1 min read
Trustpilot