"We have woken the team up at 4:30 a.m. in the morning for meetings to prove to them that we need to do a wake-up call and something different," Rowan said. "We've had outside speakers come in to scare the bejesus out of people. We've had cautionary tales." This innovative approach is designed to push boundaries and instill a sense of urgency and adaptability in their corporate culture, acknowledging the changing landscape of investments.
Rowan clearly stated, "We believe that assets are what is going to be scarce rather than capital," reflecting a paradigm shift in investment strategies. As companies face tighter budgets and tougher competition for quality investments, Apollo's focus is shifting to securing assets amidst a risk-averse market.
"Change is coming," Rowan observed. "If we think we're going to succeed by doing more of the same, I think that's a fallacy, and we have to adapt." This statement underscores the necessity for dynamic strategies in a rapidly evolving financial environment, highlighting the need for innovation and critical thinking within the organization.
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