Taking the time to enjoy time outside the office often lets one’s mind run free, but the company you keep during that walk is just as important! Long strolls are the perfect time to build our personal networks, draw #insights from focused and uninterrupted conversations; it provides the greatest opportunity to truly hear other people reflect on competing (or complementary) views.
During my recent trip to London, Hanneke Smits, Global Head of BNY Mellon Investment Management and I took advantage of a gap in the rain to take a walk and tap into each other's perspectives. We had so many topics to cover about our industry, but the following points really stood out:
1️⃣ #Resiliency and #innovation are key pillars for success. And much like people, companies need a network to be resilient and innovative. As a result, service providers and fintech partners are playing a bigger role in evolving operating models. #Digital transformation accelerates at pace, sharpening the need for enhanced client experiences and sustained quality.
2️⃣ Ongoing focus for both active and passive approaches in investing. Many asset managers expect to increase active/smart beta #ETF offerings, while asset owners expect to increase passive allocations. Additionally, we’ve continued to see growth in client appetite for #privatemarkets. Against this challenging backdrop, leading investment management business are leveraging its scale to provide both specialization and outcome-oriented solutions with clients in mind.
3️⃣ #Diverse perspectives are critical to business success. Having a strong global team that represents all walks of life is a competitive advantage, leading to more robust discussions and better decision-making. Ongoing investments in recruiting and retaining the top talent are important but this is only a piece of the puzzle. Cultivating and nurturing an inclusive culture leads to a long-term and sustainable platform for success.
4️⃣ #Mentorship serves as a multiplier in the professional world by accelerating learning, fostering growth, and providing guidance through challenging situations. Mentorship leads to increased productivity, innovation and career advancement. With Hanneke's role as the Chair of the 30% Club Global, she has seen first-hand the benefits of elevating and providing opportunities for up-and-coming professionals in the industry. In the best organizations, all employees can mentor and be mentored, powering both individual development and overall culture.
Our ideas together are more robust and varied than apart. I can’t wait for my next walk to continue to learn from those in my #network and hopefully inspire others to do the same!
Biz Futurist/Principal-Funding/Logistics/Sourcing - Investing Strategically in Global Markets is the task!!!
2moNow! Take all that co- investing funds away from those narrow-minded "little men" #blackrock funds, to stay true to this statement!!! "Here's Hoping"😉😁🙏