Geoffrey Boisi

Former vice-chairman, JP Morgan Chase (JPM)

Attracting and motivating top talent

"What business does – and it's not only business, but if you look at the best-performing universities or hospitals –they invest by choosing the highest-quality, most capable person, pay them an appropriate wage, and motivate them to lead. And that attracts other people. That's not necessarily the way that the church has operated up to now. It's been more on a volunteer system. What we're saying is bringing some greater thought and professionalism to it is going to be required now because of the scarceness of the resources."