The 'senior' leadership continue to introduce a concept of innovation down the throats of the technical and line of business staffs without any inkling of what the impact will cause.
Actions drive results - good or bad. As you review the decisions made since 2008, it is apparent most of these senior leaders have no concept of technology and don't have the critical thinking acumen nor technical leadership skills to lead any company much less a fortune 100 entity.
Unfortunately, with cost cutting the only tool in BAC's playbook and continual american job outsourcing as a cheap method to give the illusion of revenue on the bottom line, it is apparent to anyone - investors especially, that BAC doesn't have a plan to grow revenue nor create value. BAC is continuing to fall back on the same tired model and dull witted leadership -- as evidenced by the lack of imagination or sustained growth of the share price.
It is difficult to envision how BAC will ever grow back to the company before 2008 -- before the big money shuffle. For investors, this year may be the last year BAC has an opportunity to keep their interest.