Steven H. Nigro as interviewed by CEO Weekly discusses How Technology Is Flattening the Traditional Organizational Hierarchy

The organizational pyramid that has defined investment banking for generations is collapsing from the base. The broad layer of junior analysts who once spent their first two years building models, conducting comparable company analyses, drafting pitchbooks, and summarizing files can now watch those tasks be completed in minutes.

Steven H. Nigro, an investment banker and board director with decades of experience in M&A and capital markets, has watched this shift accelerate in real time and has a clear-eyed view of what it means for how organizations are structured, who makes decisions, and what the profession will look like on the other side of the transition. “The triangle has become a diamond,” Nigro observes. “The median person in the organization is more senior, more analytical, and more directly involved in decisions than they were three to five years ago.”
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SOURCE: ​ceoweekly.com/steven-h-nigro-on-how-technology-is-flattening-the-traditional-organizational-hierarchy/