kaal:claim:3071378-023

A corporation that lacks diversity and allows group thinking will struggle to identify issues because it needs a fresh perspective, which harms the corporation long term by reducing its ability to identify its own strengths and weaknesses.

Similarly, if a corporation lacks diversity and allows group thinking, the board will likely struggle to identify issues because the corporation needs a fresh perspective.77 This can harm the corporation in the long term as it is less able to identify strengths and weaknesses.

Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017), III.2 Corporate Culture, p. 18
https://ssrn.com/abstract=3071378 · source PDF

Wulf A. Kaal, Blockchain Technology and Race in Corporate America (2017). SSRN: https://ssrn.com/abstract=3071378

• boards and corporations without diverse membership

failuresupport: arguedfailure: groupthink-from-homogeneityfamily: board-and-oversight-failurecorporate-governance

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