Cryptic crossword clue
Single theatrical award shows lack of diversity 8

The most common and most likely answer to this crossword clue is the 8 letter word MONOTONY

I've seen this crossword clue in The Guardian
M
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N
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Buddy explains!

The straight part
We know that "lack of diversity" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lack of diversity = monotony.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does MONOTONY mean?

MONOTONY noun
  1. Tedium as a result of repetition or a lack of variety.
  2. The property of a monotonic function.
  3. The quality of having an unvarying tone or pitch.

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