Business improvement is among the functions that every firm, from inception to exit, performs at one time or another. Mike’s function on the gross sales business administration team included pitching new clients and making sure the corporate hit revenue targets. Nonetheless, he was irresistibly drawn to the compliance duties of his job. He saw issues right away—unnecessary bottlenecks, undefined processes and only a basic looseness with the foundations. In 2011, all main banks, leery of the new Dodd-Frank monetary reform package deal, vowed to make regulatory obedience a prime precedence. And Mike sincerely believed his bosses would reward him for spotting issues before the feds did. I believed they might use somebody like myself,” he said. He was wrong.
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