But innovation is not a once-a-year endeavor. That’s why we conduct an annual Hackathon, which in the past has generated new ideas that helped drive our business forward. Smart ideas can come from anywhere, and we have to be prepared to leverage our technology and scale to put those ideas to work. We are constantly developing new products and investment capabilities to meet our client’s objectives. To that end, innovation is everywhere, and found at every level at BlackRock. Where can we improve? What are our clients demanding?
That means that as a company – and as employees – we have to be continually evolving. Just as we call on investors to invest for the long-term, we also believe in investing in BlackRock with an eye to the future. In fact, a commitment to innovation is one of BlackRock’s core principles and a driving force behind our growth.
How important is innovation for BlackRock and where is innovation taking place at the company? Constant communication is critical to our success. That requires all of us to understand the breadth of the firm and everything we do for our clients. The diversity of our people combined with tight collaboration allows us to generate the best solutions and deliver the best results to our clients. One of those principles – to the question of collaboration – is the notion that we are One BlackRock. It’s constantly renewed and made stronger by our employees who go above and beyond, and who live our principles every day. BlackRock is unified by our culture and our principles.īlackRock’s culture is defined by that spirit of innovation and performance that has allowed us to deliver value for our clients and help make a difference in people’s lives. We founded the firm as fiduciaries, and that defines everything we do – from innovation to product development to pursuing investment insights. How do you describe BlackRock’s culture and how important is collaboration at BlackRock?Ĭulture is everything. To do that, we need to embrace our purpose as a company to help savers and investors around the world achieve a secure long-term financial future. It’s by following our fiduciary principle that we’ve been able to do that and earn our clients’ trust.Īt the same time, BlackRock endeavors to serve all of its stakeholders, which include not only our clients, but also our shareholders, our employees and the diverse communities in which we operate. Whether that client is a pension fund serving public school teachers or an individual investor planning for retirement, we have to empathize with their unique financial objectives.
We constantly strive to put ourselves in their shoes in order to understand their investment priorities.
#Laurence fink driver
The single most important driver of BlackRock’s success has been our unwavering commitment to being a fiduciary to our clients. What have been the keys to BlackRock’s consistent strength and leadership? BlackRock provides clients with global reach and the investment options they need to plan for the future, all backed by unparalleled technology, risk management and market insight. As a fiduciary to its clients, BlackRock helps investors of all types build better financial futures.
in political science from UCLA in 1974.īlackRock ( ) is the world’s leading investment manager, with $6.3 trillion under management as of June 30, 2018. with a concentration in real estate from the University of California at Los Angeles (UCLA) in 1976 and a B.A. Prior to founding BlackRock, Fink was a member of the Management Committee and a Managing Director of The First Boston Corporation. He was named one of the “World’s Most Respected Leaders” by FORTUNE in 2016, “CEO of the Decade” by Financial News in 2011, and one of the “World’s Best CEO’s” by Barron’s for the past 12 consecutive years. Fink and seven partners founded BlackRock in 1988. He also leads the firm’s Global Executive Committee. Larry Fink is Founder, Chairman and Chief Executive Officer of BlackRock, Inc.