The value of unusual networks
Why should CEO’s connect with people from different backgrounds?
When you’re naturally curious like us, your first answer would probably be ‘because it’s fun and you can always learn something new!’. But new research shows that having a diverse network as a CEO also makes business sense. Overall, the evidence suggests that CEOs' exposure to human diversity enhances social learning and creates greater growth opportunities for firms. Diverse networks lead to greater firm value because of better corporate innovation and diversified mergers & acquisitions.
How diverse is your network? Time to get to know some unusual characters?