Tag Archives: Human

Is Anglo Saxon Culture A Problem For Banking?

For some time now I have been asking myself why the world’s leading bankers have still been unable to talk directly to the masses in order to apologise for their role in creating a financial crisis in which so many people suffered and commit to doing their best in order to avoid the same thing happening again. Continue reading

Banks Have Arrived At A Gazpacho Moment

A few years ago, I went to a reunion of my Cass Business School MBA class. Immediately on seeing me, one of my former classmates started laughing. I was, of course, puzzled and asked him what was so funny. He apologized for his outburst but confessed that, in the past several years, he had, on several different occasions, taken great pleasure in telling some of his friends a joke about me.

I will share that joke with you. Continue reading

Bank Risk Culture: Now For Something Completely Different

The following is the fourth in a series of articles on bank risk culture. The previous articles can be accessed here or by clicking the HOME tab on the blog.

Thus far in this series on bank risk culture we are beginning to understand that there is really no such thing as a separate bank or organisational risk culture and that cultural change cannot be invoked by merely adding more rules and regulations. Continue reading

Clearing The Bull Part 3 – Why Banks Need A Human Transformation

Banker and author Jonathan Ledwidge addresses the City Book Fair in London and providers an insider’s view on why banks must make a human transformation as well as the specifics on how they can achieve it.

Watch Part 3 on youtube using this link http://youtu.be/L99b0ZZsUbc

and

Watch Part 2 – Why Banks Are Still In Trouble on youtube with this link http://youtu.be/cnsCbMuWYQc

Watch Part 1 – Ending 30 Years Of Banking Failure on youtube with this link http://youtu.be/evrheDydfto

Clearing The Bull Part 2 – Why Banks Are Still In Trouble

Banker and author Jonathan Ledwidge addresses the City Book Fair in London on why, despite changes made since the financial crisis, banks are still in trouble and are likely to remain in trouble for the foreseeable future.

Watch Part 2 on youtube using this link http://youtu.be/cnsCbMuWYQc

and

Watch Part 1 – Ending 30 Years Of Banking Failure on youtube with this link http://youtu.be/evrheDydfto

Watch Part 3 – Why Banks Need A Human Transformation on youtube with this link http://youtu.be/L99b0ZZsUbc

Clearing The Bull Part 1 – Ending 30 Years Of Banking Failures

Banker and author Jonathan Ledwidge addresses the City Book Fair in London, on what the banking industry must first do if they are to bring and an end 30 years of repeated failures.

Watch Part 1 on youtube using this link http://youtu.be/evrheDydfto

and

Watch Part 2 – Why Banks Are Still In Trouble on youtube with this link http://youtu.be/cnsCbMuWYQc

Watch Part 3 – Why Banks Need A Human Transformation on youtube with this link http://youtu.be/L99b0ZZsUbc

9 Point Plan For Transforming The Banking Industry

The banking industry needs to be transformed in order to save it from itself. Despite the protestations of governments, regulators, public and the media that change can only come from within (spare us another thousand useless regulations). Here is how it should be done.

Another banking scandal, another inquiry, another band-aid and so we will continue until the next scandal, another inquiry and another band-aid. It is a depressingly familiar sequence of events.

The problem is that while governments, politicians and regulators are beginning to realize that transforming banks is about values and culture they still believe that that transformation can be legislated and/or regulated.

This blog has stated several times that transforming the industry can only be accomplished from within and that it must recognize the human issues and behaviors involved. The plan below consists of a series of assertions, 9 in total, as well as the rationale for these assertions.

The proposed transformation is comprehensive in that it covers every aspect of the human ecosystem within which banks operate; managers, employees, customers, suppliers and the wider community, the environment within which they operate and the behaviors which motivate them.

This is why the transformation is described as a human transformation and the transformed entity is known as The Human Asset Bank. This is what banks must do and preferably sooner rather than later.

The Human Asset Bank

Continue reading