Ensuring cognitive diversity in boardrooms

CORPORATE boards need to have an appropriate level of independence and diversity of thought to make decisions in the best interests of their companies. The pandemic has heightened the importance of effective leadership in tackling challenges and creating innovative solutions to steer companies through uncharted territories.

Directors with diverse backgrounds bring different perspectives and ideas that can help to avoid groupthink and enhance the board's deliberations and decision-making processes.

Unfortunately, Singapore boards are not diverse enough.