The Minutes

John Williams on

culture

2 entries · 2 undated

On the recordsourced and dated, oldest first

    1. spoken

      Williams defines culture as an operational asset and backup system for judgment when data or models fail.

      “Culture is not “soft,” or secondary. Culture is an operational asset. It is a form of resiliency, a non-technical redundancy, a backup system for judgment when data is incomplete, or the model is misleading.”

      · NY Fed speeches · 8:40 · source · permalink
    2. spoken

      Williams asserts culture is an operational asset and form of resiliency, not soft or secondary.

      “Culture is not “soft,” or secondary. Culture is an operational asset. It is a form of resiliency, a non-technical redundancy, a backup system for judgment”

      · NY Fed speeches · 8:40 · source · permalink

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