RT Journal Article
SR Electronic
T1 Practical Applications of The Folly of Blame: <em>Why Investors Should Care About Their Managers’ Culture</em>
JF Practical Applications
FD Institutional Investor Journals
SP 1
OP 5
DO 10.3905/pa.2015.3.2.129
VO 3
IS 2
A1 Jason Hsu
A1 Jim Ware
A1 Chuck Heisinger
A1 Goyal Gauri
YR 2015
UL https://pm-research.com/content/3/2/1.10.abstract
AB The Folly of Blame: Why Investors Should Care About their Managers’ Culture Jason Hsu Jim Ware Chuck Heisinger The culture of blame is toxic. A culture of finger-pointing ends up with lower performance, unhappy clients and disgruntled employees.That’s a key takeaway from this report, based on an in-depth interview with Jason Hsu , Co-Founder and Vice Chair of Research Affiliates in Newport Beach, Calif, and co-author of this Journal of Portfolio Management article. His advice: Asset owners and consultants need to start examining culture in their search process. “Get some cultural indicators on the firm that can allow you to better predict long-term performance.”TOPICS: In portfolio management, performance measurement