Gresham Law

Gresham’s Law is the source of content and tools for companies engaged in FinServ transformation. The unit’s name is a play on Gresham’s Law of currency – “Bad money drives good money out of circulation”. In the context of FinServ, the maxim is a reminder that good company strategy is often pushed aside by more expedient, typically shorter-term ideas. An observation of the current client for FinServ transformation – and the ten pillars presented in Private Client 2020 – is that many companies do not have a current action plan to address the implications of their ten greatest strategic challenges. The target audience for Gresham’s Law is the company leader seeking tactics to engage colleagues in more productive discussions of the ten strategies and rally support for action.