On International Women’s Day, we look at how a diverse team can help create diversity of thought.
A diverse, team-based approach is part of the LGIM’s investment philosophy. This is not only backed up by academic research but also confirmed by my own experience. Moreover, our team-centred process makes our investment process more repeatable, creating the potential for better and more sustainable outcomes for our clients.
We believe that the most optimal teams are meritocratic, built on collaboration, humility, mutual respect, independent thinking and cognitive diversity. A way to stimulate cognitive diversity is to assemble a team with different backgrounds in social class, education and modes of thinking. Ample research shows that different perspectives and analytical approaches on average produce better outcomes. Diversity of gender, race, nationality and cultural background is a reasonable starting point to achieve cognitive diversity.
Read the latest blog from Magdalena and Hetal on the participation of women in the labour force and the future of women's work: A woman’s work is never done.