You might have thought that the banking and university sectors were worlds apart but both are in engulfed in existential turmoil. Banks exist, according to the UK’s Bank of England, to ‘work with money: looking after it, lending it, and helping you pay for things’; while universities, according to the seventh President of Chicago University, George Beadle, are there to ‘search for truth’. Unfortunately, these objectives are severely compromised in today’s banks and universities.
Banking and Universities: Sectors Serving the System
Written by Professor Gloria Moss PhD; FCIPD