This report explores the cultural changes the investment industry is experiencing and provides recommendations on how to adapt investment organization cultures to be more successful in fulfilling stakeholder goals in the future.
The Future of Work in Investment Management research series examines the consequences of the forced experiment in remote work, the lessons learned along the way from shifts in work patterns and practices, and how the social changes in workers’ attitudes and expectations have set the stage for a new model of working. The Future of Work in Investment Management: Context of Careers described the shift to, and implications of, hybrid work in investment management organizations. In this report, we apply that context to focus on organizational cultures and examine the changes industry leaders must embrace to create effective cultural models and behaviors in the new world of work.
If we use the lenses of investment organizations’ work, workers, and workplaces, they all look enormously different from their pre-COVID appearance. Thus far, most return-to-work plans are still developing amid uncertainties, but even these early versions look significantly different from their pre-COVID appearance in many markets. In the face of this re-orientation, we explore the cultural changes the investment industry is experiencing and is likely to experience in the future. Drawing on insights from industry leaders, we provide recommendations on how to adapt investment organization cultures to be more successful in fulfilling stakeholder goals in the future.
This report is intended for senior executives concerned with building more effective, cohesive, and purposeful cultures and teams as they address the realities of the future of work. The insights gleaned also provide direction for aspiring industry leaders and other senior professionals in leadership roles.