Culture
In April 2018, Lord Abbett began a journey that has transformed and strengthened the firm. We elevated our mission to express our higher purpose as an organization positioned for the future. We created a bold vision for our people to follow. We articulated the shared values that guide our mindset and behaviors. And we defined and evolved our culture to one that is principles-led, performance-oriented, and purpose-driven.
Principles-led: Our people are trusted as leaders to make the right decisions for our clients based on principles rather than rules. Our people have embraced a sense of ownership, self-discipline, and agility that fuels peak performance. Our people are empowered by our principles to find their optimal work-life balance, and they are supported by an evolving array of benefits that prioritize their well-being as their needs change.
Performance-oriented: At every level of leadership, our people are empowered to reach their full potential by cultivating a continuous improvement mindset. Our people are encouraged to develop and advance through a rigorous, firmwide performance process that is anchored in our goals and values, rich in feedback, and aligns compensation with performance. Together, these aspects of our culture provide an environment that fosters peak performance.
Purpose-driven: As a firm committed to global corporate citizenship, our people are guided by our higher purpose, which is infused in everything we do. We embrace stakeholder capitalism and seek to create long-term sustainable value and drive positive outcomes for business, the economy, society, and the planet. In addition, our people find fulfillment in making a difference through our expanding efforts in ESG, diversity and inclusion, and community relations.
