The research, "Discovering Phi: Motivation as the Hidden Variable of Performance," published by the Center for Applied Research, the independent think-tank of State Street, and CFA Institute, argues that
to succeed, the investment industry and its professionals need to move from a performance-driven culture to one that is purpose-driven to better ensure clients' long-term goals are met.
Based on an 18-month global research including in-depth interviews with 200 industry leaders as well as a survey of nearly 7 000 respondents (3 600 individual investors and just over 3 300 investment professionals across 20 countries), the research sets out to answer one fundamental question:
How can we leverage motivation to achieve better financial outcomes?
Identified as "phi", this previously hidden motivation variable has a statistically significant relationship to long-term organizational performance, client satisfaction and employee engagement and will have important implications for the future of the investment management industry.
Please note: this event will be held in English but questions in French are welcome.
Opening & Welcoming, CBC Interest in Asset Management Transformation
Jean-Baptiste Coiffet - Head of Capital Markets Practice, Cognizant Business Consulting
The Capital Markets practice supports the Financial Institutions - Finance and Investment Banks, Asset & Wealth Management, Securities Services, Market Infrastructures - in the transformation of their business activities and operational models and in digital innovation to meet strategic business, technological and regulatory challenges of the financial industry.
Opening of the Phi Report Research Conference
Myriam Ferran, CFA - President CFA Society France
Phi Report Research Key findings
Mimmi Kheddache Jendeby, Vice President and Senior Research Strategist, State Street Center for Applied Research
Why is this Report important?
CFA Institute Guest Speaker
Quant Awards Ceremony