Covid-19 has caused one of the most profound shocks to the global economy in over a generation. Virtually overnight, long held ways of working have changed and, in response, financial markets have been particularly volatile as investors try to figure out what a new normal means.
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In this environment, culture is a unique ingredient in the struggle for competitive advantage among institutional investment organisations, and many organisations are reflecting on whether their organisational culture is ‘effective’ enough to help deliver better performance and create more value.
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To ensure they are in the best possible shape to navigate this uncertain world, there are ways for culture to be managed and developed over time but it will take focus, patience, leadership and process.
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