Banks

An experiment. We take the four banks and convert two of their boards to groups representing the Australian population mix.

That is, a mix of men, women, seniors, ethnic and religious minorities, socio economically deprived, indigenous types, bogans, children, dwarfs, handicapped and gay people and the like.

My guess is the two banks with the odd boards would out-perform the other two, primarily because these boards would be less successful at annoying the management teams.

I tell you what though, if your replaced a bank’s senior management team with a mixed nut team, then that bank would be out of business within a week.