Machiavelli and MiFID

CIOs face a new world of regulation and their saving grace is preparation.

In 1512, after being accused of complicity in an aborted conspiracy against the Medici family, Niccolo Machiavelli was released from torture and retired to a small farm where he devoted himself to literature. In the sixth chapter of The Prince, he writes, "There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things."

Senior IT directors should identify with this sentiment because

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