When rule books become so swollen they can’t possibly be followed in their entirety, we force well-intended people to pretend otherwise. This illusion of control serves no one and makes damaging failures more likely. Focus must shift from rules to the organizational culture and values that drive behavior and set the conditions for inevitable performance outcomes, predictably.
Observations
May 22, 2025At JPMorgan's investor day earlier this week, CEO Jamie Dimon voiced cautious optimism that the new cohort of regulators in the Trump Administration will address what he sees as over a decade of regulatory overreach and duplication, as reported by Banking Dive.