Engineering the switch to digital
McKinsey
JANUARY 10, 2017
The CIO of ING Bank discusses the importance of top engineering talent and agile ways of working when it comes to digitizing products and processes.
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McKinsey
JANUARY 10, 2017
The CIO of ING Bank discusses the importance of top engineering talent and agile ways of working when it comes to digitizing products and processes.
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Faced with a recent slowdown in growth, North American commercial banks can focus on six “engines” to fuel longer-term profitability through the cycle.
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I’m really banking on that being true because I’ve been saying if for five years. Traffic engineering. I’m hopeless,” then that will be true. But if you tell yourself “I’m good at being active so I will go back to exercising,” then that will be true. City planning. Zoning board.
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I used to be an engineer, and that was what gave me the idea. As an engineer, on occasion, I would, I would be at a convention. From networking to dating, small talk is the key to creating connections. Do you know how to use small talk to improve your relationships? I’m the person who used to hate small talk. I had no skill.
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He graduated from the University of the Witwatersrand with a Master’s in Business Engineering. He has worked in the UK and South Africa in telecoms, banking, residential property, NHS, outsourcing and IT.
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The engineers assumed that the company was into technical innovation and that managers limited their autonomy. The scandal involved the bank's employees creating millions of unauthorized accounts for customers to meet sales targets and earn bonuses. Let us understand this better with the following example.
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That’s when somebody, so that could speak to my engineering firms that I work with. So I love to hide from that, but obviously it’s not an easy thing to hide from because you can look in the bank and be reminded. <Laugh> Jenn DeWall: Oh! Merit Kahn: Right. It’s complex, creative or requires a consultation.
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My new job isn't what I want to do forever, but it is putting money in the bank to fund my interests, and gaining me experience in communications. These three are what make a liberal arts education more valuable than a vocational education like engineering or nursing. Thanks, community college. Right now, it's not.
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Not that I have any reason to doubt you, but why does nearly every major investment/banking firm that got gobs of money in the bailout because they nearly collapsed under the weight of stupid investments make the list? Most women run away from that kind of work, unless it's biology or biochemistry. Hmm, not so sure that's fair.
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Unless the engineers at Houston could find a solution the astronauts could implement using the materials on board, the crew would die of asphyxiation before they made it back home. Our bank accounts. talk about thinking inside the box. And yet for millions of us, those boxes of very real. Almost everything in our lives is a box.
Penelope Trunk
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And guess which industry my friends & I work in – yup banking. Sometimes ppl are getting specials rights because of their money in the bank. Unless it's an MBA from a top 10 school, or leads directly to a PhD in science of engineering, forget about it. Nevermind if they deserve it or not. What a rip-off.
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For years I've been trying to explain to my engineer husband how the numbers literally float around the page when I look at it and I should probably not be the one doing the taxes. I'm 51 and find it hard to do things like call doctors, or go to the bank, or make appts., Great post. stuff like that. I love to know people.
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Many are engineers. Years ago, I worked in a rural bank, located in a small Wisconsin town similar to Darlington. You can find a guy like this – he may make less, probably won't be an Alpha Man CEO type, but they exist. One of the crabbiest, pessimistic customers there was an elderly bachelor.
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Although I have to tell you that I think it's a good title for SEO (search engine optimization). And, the community you have created gives you lots of bank on that front. Thanks for the insight, Kerry. The title actually makes me cringe, now that you say that. I like this comment so much, Jamie. Thank you.
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Like, my husband got hit with a bunch of bank fees that he didn't deserve, and he was pissed. Since I am creatively challenged by nature (I'm an engineer) I will focus on the sugar aspect and add nerds and gummy bears (both available from the office candy/crack pusher) to decorate the cupcakes and hope for the best.
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And probably most of you out there kind of know this already, but what I think was new in this conversation recently is that I think it was Mark Zuckerberg first who basically said, we want you as a middle manager to either go back to building and become an individual contributor because you’ve been a great engineer before.
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But then I'm an engineer so maybe I'm biased :-). As a mother of toddler and a holding full time job at a bank, I had a crazy life last few yrs in India managing everything and feeling guilty in every area for not being able to give 100% time. An interested fulfilled through information consumption appeals very much to me!
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I also have it on good authority that the quality of Facebook's software engineering is shite. link] Posted by Patrick on August 4, 2010 at 5:45 pm | permalink | Reply Yeah, it's all fun 'n games until you get a stalker, or someone steals your identity and empties your bank account. It's been done.
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I went to the top engineering school in the country. I couldn't have done any of those things as I had my first child when I was 19; there was no money for a diploma from Harvard and there weren't enough hours in my day for a job at an investment bank. Graduating class of 90, largest to ever go through my school.
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