Decision Making in a World Full of Noise

Today, more than ever, executives have the tools at their fingertips to make informed decisions based on rational data. Further, leaders are more aware of cognitive biases that interfere with good decisions. Yet, the very data that gives us knowledge threatens to overwhelm and business organizations have become more complex and hierarchical—a case of too many cooks in the kitchen. Continue reading

Can Business Learn from the Military?

“All effective leaders are effective leader developers,” says Bernard Banks, retired Brigadier General of the US Army and now X at Kellogg School of Management. Banks noted that upon leaving military service after a 25-year career, he saw a disconnect between the military and the business world in the way they cultivated leaders. In business, developing leaders internally was a “perk” and not a strategic part of a long-term business plan. Additionally, companies did not invest appropriately in training future executives—or at planning for the future.

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Empowered

EMPOWERED WELL-BEING


What is Well-being?
"Who doesn't want to have less stress, more flexibility, a more human approach to dealing with the demands of work and life?"
This is the question posed by Jennifer Fisher, National Managing
Director of Well-being at Deloitte, in a recent LinkedIn post. Wellbeing is tied to inclusion, Fisher asserts, which is why Deloitte views its Empowered Well-being approach as a key component of the company's inclusive culture.
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Millennials

Millennials and a shift in buying behavior


According to Deloitte's Perspectives report 'Investment Management Outlook 2017,' one major trend likely to impact our industry in the coming year is "a shift in buyer behavior as the Millennial generation becomes a greater force in the investing marketplace." If investment management firms want to drive growth, they must address the needs of Millennials.
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Are “Bionic” Advisors the Future of Financial Advice?

A year ago, the term “robo advisor” raised alarms on various financial news sites and blogs. Financial professionals feared that computer algorithms would replace human advisors in the advice space. Yet, it has quickly become clear that a computer alone cannot address investor questions, life changes, and, frankly, the emotional aspects of investing. Some combination of human and machine can provide the best of both worlds. Firms are reframing the discussion with the term “bionic advisor,” and 2017 has seen an increased roll-out from large financial firms offering some form of “robo” or “bionic” service. Continue reading