McKinsey &Co

Bank Technology Rant: You are Noah, This is the Flood…

Do you recognize this guy above? That's right. He's Captain Obvious! Captain Obvious is the guy who preaches to the choir; tells Noah about the flood... Get it?  Good. Let's move on. Here's the translation for today's rant: "Noah" is a Top 10 investment bank, the "flood" in this case is McKinsey & Company, or - I suspect - any of the other global management consulting powerhouses. Today, I "learned" from both Financial Times and Business Insider the following (from the BI article, my emphasis added): "How are bank executives to cut costs? McKinsey's answer is technology...because technology seems to be part of the answer to every question these days." Now, just let the sweet wisdom of that pearl roll around in your gourd for a minute. If you're anything like I was earlier, you are now having a reaction like the one below (annotation not mine). I know, right?! Mesmerizing stuff. Thank me later for sharing the epiphany. Not SEEMS. IS! Technology IS a part of every solution these days, along with [...]

By | 2017-04-28T10:12:06+00:00 September 16th, 2016|Alphacution Feed|