Risk Vs Innovation: 5 Steps To Finding the Right Balance
With low budgets and low tolerance for risk, firms that want to forge ahead need to strike the right balance between innovation and risk.
March 01, 2013
In today’s ultra-competitive, fast-moving environment, only the most agile and innovative financial firms can thrive. But with budgets still tight and investors’ appetite for risk at an all-time low, firms who want to keep staying ahead of the game need to strike the right balance between risk and innovation. Nowhere is this more apparent than when new technologies enter the fray. While it’s natural for firms to want to get in on the latest big thing, it doesn’t mean any emerging technology is the right one for your company, even if it has been adopted by others in the industry. Read full story on Wall Street & Technology
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