BIS central bankers’ speeches  11  not stay in its place, but evolve. The decision to make our Reserve Management Group a semi-autonomous body was made in order to improve efficiency. A reward system should be developed for those creating externalities, and only in this case will the organization be operated as it should.
We sometimes forget the fact that some people need to pave the road for those wishing to drive. Underdeveloped countries suffer from heavy traffic jams since they have not paid attention to this fact. The same can be said for organizations: those neglecting manpower restructuring might experience difficulties in personnel management including promotions.