Thought Leadership
Banking's New Normal: Is Your Team Ready?
No matter what turn the economy takes in the year ahead, banks face a dramatically changed world—more regulation, fee restrictions, capital requirements and an end to outsized returns. That's the new normal and, as bank leaders are acutely aware, it means significantly reduced return on equity for a long time to come. The question is not how to get back to the good times, but how to move institutions forward under these vastly changed circumstances.
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A steep learning curve
During the first three months in a new job, CEOs lay the foundations for their entire term of office. A recent study by Egon Zehnder International shows that there is a great deal more that both organizations and the executives themselves can do to help them rapidly and effectively deploy their full potential in the best interests of the company.
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