Banking's Balancing Act: Embracing 'Controlled Chaos' for Innovation

The banking industry, long a bastion of stability and rigorous control, faces a critical challenge: how to foster innovation without compromising its core strengths. A recent analysis suggests that the very systems designed to minimize risk also stifle experimentation, leading to a paradox where order prevents progress. The solution proposed is "controlled chaos" – small, autonomous teams operating within banks, empowered to explore new technologies and business models.