Does a Zombie Bank Know It’s a Zombie?
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…
Getting Fired!
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.
Another One Bites the Dust
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…
Note to Bankers: “You Can’t Handle the Truth!”
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…
Who Regulates the Regulators?
I’ve seldom seen bankers more concerned and, yes, nervous, than when the regulators come to visit. Oftentimes it seems that banks are managing more to the regulator’s requirements with the customer taking…
Too Many Generals?
Last time I highlighted Citicorp’s announcement that, once again, it is undergoing a cost reduction event, this time with the help of BCG. It seems to involve taking out layers of management and changing spans of control.
“How to Manage the Snake-Oil Salesman”
The above title serves as the sub-heading of a recent Economist article titled, “A retiring consultant’s advice on consultants.” The concept of the column is simple: a soon-to-retire consultant offers advice to…
Is DEI Dead?
Few oppose the concept of a diverse workforce that brings with it a different set of life experiences and perspectives. Equality for all should be a concept that we all support and is fundamental to American life.
Wasted Change
As a consultant, one of my major goals involves promoting some type of change, that is, my goal is to have the managers and the institutions they work for, operate differently in the future than they have in the past.
Banks Have a Super Bowl-Sized Image Problem…and More
As far as I could tell only one Super Bowl advertisement mentioned banks. Early in the Super Bowl the ad, attached to this newsletter, appeared. Its first few seconds tell the story.
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