Objectway Survey of 300 Firms Finds Finance Struggles to Scale Innovation Profitably
Updated
Updated · Pam Insight · Jun 10
Objectway Survey of 300 Firms Finds Finance Struggles to Scale Innovation Profitably
1 articles · Updated · Pam Insight · Jun 10
Summary
A survey of 300 senior professionals found banks, wealth managers and asset managers are failing to turn innovation spending into profitable scale.
Objectway and FT Longitude said the next competitive divide will hinge less on launching new ideas than on executing them efficiently across the business.
The report, covering the UK, continental Europe and Canada, points to a broad industry challenge rather than a problem isolated to one market or segment.
Built to Scale frames profitable scaling as the key test for financial firms trying to convert investment in innovation into durable competitive advantage.