If you ran a financial institution, what discontinuous change would you implement?
Discontinuous change - Non-incremental, sudden change that threatens the existing paradigm, because it drastically alters the way things are currently done or have been done for years.
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Definitely make executive compensation match performance rewarding long-term gains. I'd make it very difficult to use smoke and mirrors to create paper gains. It would have to be long-term measurable gains.
Make exec compensation more closely tied to be performance of the company, no one should be paid for running a company into the ground.
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I love it!
Advocate change towards a global currency (calculated off of 5-6 major currency) than solely relying on $.
There is no such thing as cash - my cell phone is used to purchase everything
I would not charge interest on loans.