This week the Asset Management Council is hosting its online AMSPEAK conference. Yesterday, I presented my paper on Reducing the Risks of Innovation in Asset Management.
The imperative for innovation in every sector has never been greater. Asset management is a risk-based discipline and often the imperative to manage risk can compete with the imperative for innovation.
Asset managers can balance these competing imperatives by taking a risk-based approach to innovation. This approach increases the likelihood of success, while limiting the consequences of failure.
My paper outlines how commitment, consistency and collaboration are key to this approach.
You can download the full paper here.