Fri.Sep 10, 2021

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Trends & Technologies Shaping The Future Of Banking And Finance

ITONICS

The banking and finance industry, like so many others, is navigating a new set of driving forces creating change across social, technological, economic, environmental, and political spheres. Moreover, the financial uncertainty fueled by the pandemic will shape investments, businesses, and consumers for years to come. The fallout has meant acceleration on some fronts—with an increased focus on fintech and digitalization—as well as the rethinking of conventional systems to better address mounting

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Abilene’s paradox: How we decide to do things nobody really wants

Idea to Value

Have you ever been in a situation where you think nobody likes the decision which everyone agreed to? This might be explained by the Abelines Paradox. Coined by management expert Jerry B. Harvey in his 1974 article “ The Abilene Paradox: The Management of Agreement “, it describes a fictional case study of a family going on a long, hot, boring road trip to a dinner nobody wants to go to: On a hot afternoon visiting in Coleman, Texas, the family is comfortably playing dominoes on a po