AsianInvestor recently interviewed Mellody Hobson, president of US fund house Ariel Investments, on the importance of staff and boardroom diversity. We discussed whether including differing perspectives from a diverse range of people can lead to improved decision-making.

In this short excerpt, Hobson offers up an anecdote from a US newspaper editor to explain why the phrase "is everyone in the room" has become shorthand at Ariel for diversity and inclusion. We will run short extracts from the interview throughout this week. To listen to our thought for the day, please click the video link below.