The theme of navigation seems apt for the environment which many organisations currently face. It was a theme I chose for my first major speech in my current role. In those remarks I outlined the Bank's perspective on the need for the leaders of financial firms to chart a course through the prevailing uncertainty and complexity in the global economy.
At the core of that leadership challenge is being able to balance the many competing demands business leaders face – to remain competitive and profitable, to meet the needs of customers, to comply with regulatory requirements, to maintain high standards of corporate governance, to keep up with digital trends, and to transform in order to be fit for the future.