Public Relations vs. Business Reality
I recently received a LinkedIn message from a former colleague who had attended an industry meeting on ESG issues. My first reaction was surprise that these meetings are still being held, since…
I recently received a LinkedIn message from a former colleague who had attended an industry meeting on ESG issues. My first reaction was surprise that these meetings are still being held, since…
Two weeks ago, The Wall Street Journal published an article whose title summarized the story’s bent: ”Consultants Are Paid to Fix Businesses. Why Can’t They Fix Their Own?” Basically…
In recent years most of us have seen movies in which zombies stagger about, lurching toward their next human victim. Probably they don’t think of themselves…
A consultant gets “fired” all the time. Projects either end as scheduled or a client determines that the fees paid exceed the value provided. Sometimes clients just run out of money.
A few weeks ago, I wrote about a once prestigious bank that, tied at least in part to its acquisition by a much larger bank, suffered loan losses, organizational changes, and regulatory issues. This time…
Last week I wrote a column about how a once prominent bank in effect self-destructed. That column will be the first of several concerning how banks and finance…
Not long ago it was one of the most respected banks in America. It had demonstrated years of consistently strong earnings and housed an enviable list of clients.
Banks need to be careful when they consider promoting a particular special interest group or political position. As Tom Peters and Bob Waterman wrote in the 80’s…
Misprojections. What causes so many predictions and expected results to turn out to be way off the mark? Is it a failure to do any basic scenario planning?
The new, new thing. Business people, bankers included, love to chase the shiny new toy. Right now, that’s AI. During my career, there have probably been 20+ of these shiny new toys. And there exists a plethora of…