Bye Bye Banks?

Bye Bye Banks?

How Retail Banks Are Being Displaced, Diminished and Disintermediated by Tech Startups and What They Can Do to Survive

James Haycock, Shane Richmond

Patty McCord, who was chief talent officer at Netflix from 1998 to 2012, wrote in an article for HBR34: ‘The best thing you can do for employees is hire only “A” players to work alongside them. Excellent colleagues trump everything else.’ To support this belief the company also has a rich severance package that allows it to discharge people who don’t cut it as A players.

Link · 5. INTRODUCING A BETA BANK: