‘Purpose’ – great for taking out the trash, even better for growth

Antony Jenkins has got it. Shutting down Barclays' (hugely profitable) SCM unit because it was 'incompatible with our purpose' is a brave move and the right move. Let's hope he succeeds in turning round the culture despite the sneering of US bankers yearning for Cap'n Bob. But here's the thing - whilst 'purpose' is great … Continue reading ‘Purpose’ – great for taking out the trash, even better for growth

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