Adjusting focus event
How Covid-19 is changing the investment industry
Over a year on from the outbreak, we examined how the coronavirus has impacted individuals, the investment industry and wider society. This is a time of change and, to take in this new view, we need to adjust our focus. Organisations are changing to become more emotionally intelligent and humanistic. However, success relies on their leadership stepping up to see a new perspective, embrace silver linings and be quick to adapt; as more twists and turns are sure to come.
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The story so far
Act One saw three defining moments: In January, Australian bushfires shone a spotlight on climate change. In March, the West fully realised the danger of Covid-19. Then in May, the unlawful killing of George Floyd showed just how deeply wounded our society is by inequality and racial injustice.
In Act Two, Climb to a New View, these conflicts led our characters to undertake a long climb in search of a new perspective on their surroundings; one they could only find at the top of the mountain. To get there, they had to take the steepest and most elusive paths that would reveal the most when they reached the summit.
As we begin Act Three, the world is extremely fatigued, highly stressed and feeling a loss of control. But in this environment full of change it’s looking for silver linings.
In Adjusting Focus: The Impact of Covid-19 on Investments we shifted our focus to take in our new surroundings. Our experiences through 2020 have shone a multi-stakeholder lens on our actions. We can learn a great deal from zooming in to focus on the person; then zooming out to organisations, the investment industry and the planet.
Related reading
Wider perspectives Act I , Act II and Act III
Leadership podcast and Leadership video
The Power of Culture whitepaper, study and podcast episode
Climate change podcast, sustainability hub and 1.5C paper series
Adjusting focus | portfolio actions for a sustainable tomorrow