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Amy Edmondson

Professor Edmondson is the Novartis Professor of Leadership and Management at Harvard Business School, a chair established to support study of human interactions that lead to the creation of successful enterprises and the betterment of society. She studies leadership, psychological safety, and organizational learning.

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Gary Cohn

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

Klaas Knot

Klaas Knot is President of De Nederlandsche Bank and is the Chair of the Financial Stability Board. He is also a member of the Governing Council and the General Council of the European Central Bank, member of the European Systemic Risk Board, member of the International Monetary Fund's Board of Governors and a member of the Board of Directors of the Bank for International Settlements.

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Axel Weber

Axel Weber

Axel Weber is the past-Chair of UBS and the past-President of the German Bundesbank and a member of the European Central Bank Governing Council from 2004 to 2011. He is a member of the Group of 30.

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When Innovation Has No Borders, Culture Is Key

When Innovation Has No Borders, Culture Is Key

by Starling Insights

Starling Insights Editorial Board

Jul 22, 2022

Observations

Diversity & Inclusion Transformational Leadership Innovation & Technology Innovative Approaches

In a report entitled "When Innovation Has No Borders, Culture Is Key," Boston Consulting Group (BCG) explained the importance of "global diversity" to innovation and business success. According to the authors' research, firms that see global diversity as part of their DNA are 2.2x more likely to be world class innovators and 2.5x more likely to grow quickly.

While 95% of executives believe it important to have globally diverse teams, only 5% have such teams scaled across their organizations. "For innovation to succeed, creating an organization where people can break down boundaries and form new connections is often more important than ingenious ideas," the authors write.

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