{"id":20441,"date":"2009-09-11T00:00:00","date_gmt":"2009-09-11T00:00:00","guid":{"rendered":"http:\/\/global2020prd.wpengine.com\/insights\/too-complex-to-manage\/"},"modified":"2025-12-09T11:49:57","modified_gmt":"2025-12-09T11:49:57","slug":"is-financial-instruments-too-complex-to-manage","status":"publish","type":"post","link":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/","title":{"rendered":"Is financial instruments too complex to manage?"},"content":{"rendered":"

Lloyd Blankfein, chief executive of Goldman Sachs said yesterday: \u201cThe industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them<\/strong>.\u201d (My emphasis)<\/p>\n

It is clear that financial instruments became too complex to manage? \u00a0By one estimate I saw it would have taken over 5 billion pages of documents to provide full due diligence information on just one of the most complex derivative products – and anything you cannot understand, you cannot manage effectively.<\/p>\n

But is this also true of organizational complexity, are some organizations just too big and complex to manage? Or is it just that we cannot manage them effectively through the old fashioned ideas about leadership, collaboration and control?<\/p>\n

What do you think?<\/p><\/blockquote>\n

Read the full article at FT.com<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-20441","post","type-post","status-publish","format-standard","hentry","type-blog"],"acf":[],"yoast_head":"\nIs financial instruments too complex to manage? - Global Integration<\/title>\n<meta name=\"description\" content=\"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is financial instruments too complex to manage?\" \/>\n<meta property=\"og:description\" content=\"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Integration\" \/>\n<meta property=\"article:published_time\" content=\"2009-09-11T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-09T11:49:57+00:00\" \/>\n<meta name=\"author\" content=\"Kevan Hall\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevan Hall\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/\"},\"author\":{\"name\":\"Kevan Hall\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#\\\/schema\\\/person\\\/3ad6577af9c33612e410fbcdc3ff2a9a\"},\"headline\":\"Is financial instruments too complex to manage?\",\"datePublished\":\"2009-09-11T00:00:00+00:00\",\"dateModified\":\"2025-12-09T11:49:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/\",\"url\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/\",\"name\":\"Is financial instruments too complex to manage? - Global Integration\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#website\"},\"datePublished\":\"2009-09-11T00:00:00+00:00\",\"dateModified\":\"2025-12-09T11:49:57+00:00\",\"description\":\"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/is-financial-instruments-too-complex-to-manage\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.global-integration.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is financial instruments too complex to manage?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#website\",\"url\":\"https:\\\/\\\/www.global-integration.com\\\/\",\"name\":\"www.global-integration.com\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.global-integration.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#organization\",\"name\":\"Global Integration\",\"url\":\"https:\\\/\\\/www.global-integration.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.global-integration.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/GI_logo_hero.webp\",\"contentUrl\":\"https:\\\/\\\/www.global-integration.com\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/GI_logo_hero.webp\",\"width\":312,\"height\":271,\"caption\":\"Global Integration\"},\"image\":{\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/uk.linkedin.com\\\/company\\\/global-integration\"],\"description\":\"Global Integration are a leading global training provider specializing in matrix management, cross-functional teams, remote, virtual and hybrid working. They provide highly interactive face-to-face, virtual and online learning delivered globally\",\"email\":\"kevan@global-integation.com\",\"foundingDate\":\"1994-04-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"11\",\"maxValue\":\"50\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.global-integration.com\\\/#\\\/schema\\\/person\\\/3ad6577af9c33612e410fbcdc3ff2a9a\",\"name\":\"Kevan Hall\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/?s=96&d=mm&r=g\",\"caption\":\"Kevan Hall\"},\"url\":\"https:\\\/\\\/www.global-integration.com\\\/insights\\\/author\\\/kevan-hall\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is financial instruments too complex to manage? - Global Integration","description":"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/","og_locale":"en_US","og_type":"article","og_title":"Is financial instruments too complex to manage?","og_description":"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them","og_url":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/","og_site_name":"Global Integration","article_published_time":"2009-09-11T00:00:00+00:00","article_modified_time":"2025-12-09T11:49:57+00:00","author":"Kevan Hall","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kevan Hall","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/#article","isPartOf":{"@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/"},"author":{"name":"Kevan Hall","@id":"https:\/\/www.global-integration.com\/#\/schema\/person\/3ad6577af9c33612e410fbcdc3ff2a9a"},"headline":"Is financial instruments too complex to manage?","datePublished":"2009-09-11T00:00:00+00:00","dateModified":"2025-12-09T11:49:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/"},"wordCount":142,"publisher":{"@id":"https:\/\/www.global-integration.com\/#organization"},"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/","url":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/","name":"Is financial instruments too complex to manage? - Global Integration","isPartOf":{"@id":"https:\/\/www.global-integration.com\/#website"},"datePublished":"2009-09-11T00:00:00+00:00","dateModified":"2025-12-09T11:49:57+00:00","description":"The financial services industry let the growth and complexity in new instruments outstrip their economic and social utility as well as the operational capacity to manage them","breadcrumb":{"@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.global-integration.com\/insights\/is-financial-instruments-too-complex-to-manage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.global-integration.com\/"},{"@type":"ListItem","position":2,"name":"Is financial instruments too complex to manage?"}]},{"@type":"WebSite","@id":"https:\/\/www.global-integration.com\/#website","url":"https:\/\/www.global-integration.com\/","name":"www.global-integration.com","description":"","publisher":{"@id":"https:\/\/www.global-integration.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.global-integration.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.global-integration.com\/#organization","name":"Global Integration","url":"https:\/\/www.global-integration.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.global-integration.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.global-integration.com\/wp-content\/uploads\/2026\/01\/GI_logo_hero.webp","contentUrl":"https:\/\/www.global-integration.com\/wp-content\/uploads\/2026\/01\/GI_logo_hero.webp","width":312,"height":271,"caption":"Global Integration"},"image":{"@id":"https:\/\/www.global-integration.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/uk.linkedin.com\/company\/global-integration"],"description":"Global Integration are a leading global training provider specializing in matrix management, cross-functional teams, remote, virtual and hybrid working. They provide highly interactive face-to-face, virtual and online learning delivered globally","email":"kevan@global-integation.com","foundingDate":"1994-04-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"11","maxValue":"50"}},{"@type":"Person","@id":"https:\/\/www.global-integration.com\/#\/schema\/person\/3ad6577af9c33612e410fbcdc3ff2a9a","name":"Kevan Hall","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Kevan Hall"},"url":"https:\/\/www.global-integration.com\/insights\/author\/kevan-hall\/"}]}},"_links":{"self":[{"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/posts\/20441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/comments?post=20441"}],"version-history":[{"count":0,"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/posts\/20441\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.global-integration.com\/wp-json\/wp\/v2\/media?parent=20441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}