When McKinsey Comes to Town
I’m not sure why I found this new book (by New York Times reporters Walt Bogadanich and Michael Forsythe) both depressing and not very surprising. Certainly, while the evidence of McKinsey’s wrongdoing is not…
Raises issues for senior management consideration, including organization, compensation, and macro topics.
I’m not sure why I found this new book (by New York Times reporters Walt Bogadanich and Michael Forsythe) both depressing and not very surprising. Certainly, while the evidence of McKinsey’s wrongdoing is not…
Of course, the best approach to cost cutting is to minimize expenditures upfront, meaning don’t make excessive hires in the first place. There may still be one bank I know that follows that philosophy. Instead…
There is an undeniable trend occurring in the banking industry. More experienced bankers are opting out of banks to join non-bank Fintechs, technology firms, credit unions, and other escape pods. At the same time banks…
Consultants are frequently criticized by the media and their clients. While this criticism is often valid, clients themselves bear much of the responsibility for inadequate project results and excessive billing. First, about consultants.
The Observer Business website states “Investors care about the ESG (environmental, social and governance) profiles of large corporations more than ever.” Given the amount of writing and hype around this topic, that…
A website reports that “A new poll from the Trafalgar Group, in conjunction with Convention of States Action, 51.8% of respondents said they were ‘very likely’ to stop using a product or service of a company that…
Tuesday’s New York Times features an article about Senator Dianne Feinstein. Basically, the article states that many colleagues question whether she is fit to fulfill her duties and shows increasing signs of Alzheimer’s…
Reports in last week’s business press chronicle the failure of CNN+, a new subscription-based streaming service launched with much fanfare by CNN. Articles describe the launch as an abject failure.
The activities of many bank Marketing groups have changed substantially in recent years, particularly with the increased emphasis on all things digital. As banks continue to focus on operating expenses, Marketing…
Over dinner, a Latin American friend who has worked for many international companies was bemoaning the approach of his present employer, a Swedish company. His issue had nothing to do with salary, benefits, or…