{"id":12616,"date":"2015-10-21T11:45:19","date_gmt":"2015-10-21T15:45:19","guid":{"rendered":"http:\/\/mjtsai.com\/blog\/?p=12616"},"modified":"2021-07-03T14:15:32","modified_gmt":"2021-07-03T18:15:32","slug":"when-businesses-grow-to-become-dysfunctional","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2015\/10\/21\/when-businesses-grow-to-become-dysfunctional\/","title":{"rendered":"When Businesses Grow to Become Dysfunctional"},"content":{"rendered":"<p><a href=\"http:\/\/rantbox.io\/2015\/09\/when-businesses-grow-to-become-dysfunctional\/\">Matt Henderson<\/a>:<\/p>\n<blockquote cite=\"http:\/\/rantbox.io\/2015\/09\/when-businesses-grow-to-become-dysfunctional\/\">\n<p>It was at this point that it occurred to me how dysfunctional large organizations like Bank of America really are. I was thinking, &ldquo;If anyone&rsquo;s thinking about disrupting the finance industry, it&rsquo;s definitely ripe!&rdquo;<\/p>\n<p>At the end of the call, when Bob asked if there were any other comments I&rsquo;d like to provide, I mentioned that of all the financial institutions I deal with, Bank of America is one of the very few that have not implemented standard two-factor authentication, using apps like Google Authenticator or Authy.<\/p>\n<p>Bob had never heard of two-factor authentication, and asked me to explain it so he could pass on the recommendation to the appropriate team. I have to say it just felt funny explaining to a representative of one of the world&rsquo;s largest financial organizations what two-factor authentication is. &ldquo;Yes, it&rsquo;s spelled A-U-T-H-Y. Yes it&rsquo;s an app. That&rsquo;s right, for smartphones.&rdquo;<\/p>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"<p>Matt Henderson: It was at this point that it occurred to me how dysfunctional large organizations like Bank of America really are. I was thinking, &ldquo;If anyone&rsquo;s thinking about disrupting the finance industry, it&rsquo;s definitely ripe!&rdquo; At the end of the call, when Bob asked if there were any other comments I&rsquo;d like to provide, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2020-12-31T21:29:24Z","apple_news_api_id":"beeca5ba-962d-40f3-92e6-c0c6b3754e85","apple_news_api_modified_at":"2021-07-03T18:15:36Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/AvuylupYtQPOS5sDGs3VOhQ","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[2],"tags":[2028,1296,101,1195,2027,31,26,48,2090],"class_list":["post-12616","post","type-post","status-publish","format-standard","hentry","category-technology","tag-authy","tag-bank-of-america","tag-business","tag-financial","tag-google-authenticator","tag-ios","tag-iosapp","tag-security","tag-two-factor-authentication-2fa"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/12616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/comments?post=12616"}],"version-history":[{"count":1,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/12616\/revisions"}],"predecessor-version":[{"id":12617,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/12616\/revisions\/12617"}],"wp:attachment":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/media?parent=12616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/categories?post=12616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/tags?post=12616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}