Blowing It
Executive Summary: Short-sighted managers, failing to act on the opportunity that the present volatility offers them, are missing what is a once-in-a-lifetime chance to reposition their banks for long-term growth…
Highlights topics related to innovation and new directions.
Executive Summary: Short-sighted managers, failing to act on the opportunity that the present volatility offers them, are missing what is a once-in-a-lifetime chance to reposition their banks for long-term growth…
Executive Summary: The current crisis environment in which banks are operating offers a unique opportunity to address areas that were either ignored or unchangeable in recent years. Executing on “fixes”…
Executive Summary: Bankers and their managers are particularly skilled at making excuses that result in inaction. The current environment has to operate as a “No Excuses Zone” in which senior…
Executive Summary: The banking industry faces increasingly vitriolic attacks from the media and industry analysts, with “good” players being lumped in with the “bad.” “Good” bank managements need to take…
Since our last newsletter, Vernon Hill, the head of Commerce Bank (based in Cherry Hill, New Jersey) has resigned, apparently due to regulatory issues. In light of this, some analysts…
The quote accompanying this article (“A lot of customers think it is easier to work with a small bank, but it really is not.”) repeats the comment of a business…
Our last newsletter, titled “Why Banks Can’t Innovate,” built off a Business Week article that listed a number of criteria common to companies (for example, Apple, Google, and Toyota) emphasizing…
The current Business Week magazine features an article by Jena McGregor titled, “The World’s Most Innovative Companies” and lists the top 25 innovators based upon a survey of over 1,000…
Last Friday, the Financial Times began a four-part series titled “Mastering Risk,” dealing with issues related to strategic, financial, and operational risk management. The lead-off article of the series (“A…
Each summer, the Financial Times presents a 20-day “Summer School” consisting of daily articles dissecting and discussing key business issues. Last month, one essay focused on the topic of…