What if your goals are the problem?How a simple number led to a massive bank fraud.

The Logic Glitch

From the show

The Logic Glitch

Focusing on easily measurable metrics can blind us to what truly matters. The Wells Fargo account fraud scandal is a stark example of this bias. Under immense pressure to grow, the bank's leadership fixated on a simple target: the number of accounts per customer. This obsession, an example of the Streetlight Effect, incentivized employees to create millions of fake accounts, ultimately destroying trust and costing the company billions.

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