Building a board environment that enables debate, discussion, and a leadership style that allows for possible disagreement or ideas to discuss tradeoffs allows you to get the best ideas what leads to the best long-term success in a company.
Naturally you get better diversity of ideas when you have people from different backgrounds. This includes ethnic diversity, gender diversity, and generational diversity (including gen Z and millennials).
Geographic diversity representing other cultures and markets is often overlooked and is especially important. At least half of most businesses are outside the US. Boards may want to ask themselves; do we have representation from a European and an Asian Pacific perspective in our debate, discussion, dialogue, and decision making?
Thought diversity is critical: are we including the view of our customer? Do we have our customers’ perspective present in some way to ensure we are receiving their direct input instead of product organization designing in a vacuum and hoping they hit the bull’s-eye?
Source:https://www.forbes.com/sites/betsyatkins/2020/03/16/delivering-outcomes-through-diversity/#1defe0493dde