A speech by Greg Medcraft, Chairman, ÷ÈÓ°Ö±²¥ to the Stockbrokers and Financial Advisers Conference (Sydney), 25 May 2017
Introduction
Good morning and thank you very much for having me at the Stockbrokers and Financial Advisers Conference today.
I want to talk to you about the importance of trust in a digital world.
The Harvard Business Review has identified trust as a critical strategic asset of a business. I think it is important for businesses to reflect on how they build and maintain this trust.
So, today I have three points I would like to talk about:
- the rate of technological change we are experiencing today that is unprecedented – this is the fourth industrial revolution
- how this speed of change is impacting the way that consumers interact with businesses, including how we build and maintain trust in them
- what this means for businesses today, and what it means for us as regulators.