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Maxfield on Banks
COUNTER-INTUITIVE TRUTHS ABOUT BANKING
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COUNTER-INTUITIVE TRUTHS ABOUT BANKING

Three challenges to conventional wisdom.

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John Maxfield
Apr 08, 2023
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Maxfield on Banks
Maxfield on Banks
COUNTER-INTUITIVE TRUTHS ABOUT BANKING
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“There are times when speed is most commendable, but there are other times when you should make haste cautiously.”

-Peter Drucker-

Just because something is considered conventional wisdom doesn’t make it true. Here are three examples.

1. Inertia, not innovation, is a surer key to survival

The prevailing wisdom in banking holds that innovation is the ally of…

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