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GUEST COMMENT: The military can bring some discipline to the City

The Duke of Wellington famously described his army as being "composed of the scum of the earth - the mere scum of the earth." That was almost 200 years ago. Today many across the globe would argue that bankers in the City should be similarly described.

However, Wellington's "Scum of the Earth" managed to defeat Napoleon at Waterloo and today's military offer a range of skills that should be welcomed in the Square Mile.

As the paradigm of City employment shifts radically - decimated workforce, state-owned banks and the demise of the "get rich quick" bonus structure - it is worth looking at a pool of people who bring a strong set of work ethics, with in-built teamwork as a natural part of their culture.

When you join the Navy, Army or Air Force there is a mandatory period of basic training which can last from six months to two years depending on role; and this takes place after a rigourous assessment process from which many drop out. In fact, the concept of assessment centres started in the military many years ago and has now been adopted across business as the best way to select staff.

Having passed out of basic training, military personnel join their relevant units, whether in barracks or - more likely - on operations typically in Iraq and Afghanistan. Thereafter they undertake continuous and regular training throughout their careers. The result is people you can hire into civilian roles who are tried and tested team players, and who know the value of being motivated to succeed.

Some argue that the military do not have relevant skills to fit into financial services. This shows a fundamental misunderstanding of the product that emerges into civilian life. In the past, many people in the City had either done their National Service, or spent their formative adult life on a short service contract with the armed forces. As a result, many employers knew the potential of military staff. Now, people are less aware and need to be educated.

The core benefits of military-trained individuals are thus: they are used to performing at a high level; they have strong personal discipline; and they are completely reliable. These are qualities that you cannot easily train into people. Individuals can, however, be given the specific technical and product skills required of a new job via training and development.

It is at this point that I should show my hand - I came into the City in 1986 after seven years in the Army. One could say that I am biased. However, 23 years later, I still firmly believe in the virtues of employing military personnel. As we embark upon a new world that requires a work force with a strong "moral compass" which is not tarnished by the City excesses of the 90's and early 2000's, the military offers an obvious solution.

Andrew Pullman is managing director of People Risk Solutions, a City-focused HR consultancy.

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AUTHORAndrew Pullman Insider Comment
  • Ar
    ArmyMan
    27 September 2010

    Fear Naught - You are a total waste of space. BC doesnt need to generalise his banking colloquialisms because this is a FINANCE website, not a general blog. You are stupid it seems. Also if you worked in a bank, you would know that the reason a "Risk Desk" does not exist is because a "Desk" is used to describe a team situated on the trading floor. Typically because all team members tend to sit in interconnected desks or "islands". You'd know this if you worked in an investment bank with a trading floor. Teams outside of the trading floor are simply called "teams" for no malicious reason, other than because they do not posess this physical attribute. Go away and watch some day time TV would you.

  • dr
    drvalentine
    7 September 2009

    anybody using the term oxbridge should be discharged on the spot - clearly 3 years of tertiary education have been wasted if a person refers to an imaginary university- you might as well say you were educated at hogwarts

  • dr
    dr
    5 September 2009

    anybody using the term oxbridge should be discharged on the spot - clearly 3 years of tertiary education have been wasted if a person refers to an imaginary university- you might as well say you were educated at hogwarts

  • an
    andy
    20 February 2009

    It seems to me that touting the army for its' soft skills / leadership is hardly a good idea. After all the leadership what is the end result? Last time I checked the British Army was pulling out of southern Iraq in retreat....no matter their political masters say. Does anyone seriously think they can do better in high finance?

  • Sp
    Spurs4ever
    19 February 2009

    Fear Naught - most people in banks have more than 3 screens - not sure they'd need to minimise their browser. You would know that if you worked in a bank.

    I think the best captain tottenham hotspur has ever had was the magnificent Gary Mabbutt. The greatest leader at the lane.

    Now, based on all the rubbish discussed so far - he has the same qualities as any army general for getting us out of this mess.

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