Diversity of thought is crucial for a board's success as it brings in varied perspectives, innovative ideas, and a holistic approach to problem-solving. While age and gender diversity are important, diversity of thought ensures that the board benefits from a range of experiences and viewpoints, leading to better decision-making and governance.
[References:, Emphasizing the importance of diverse perspectives in governance and decision-making is consistent with principles found in ESG and sustainable investing frameworks., , , , , ]
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