What the banks should be doing is simple: Recruit the best people in sensible numbers and pay them properly. When times are tough, keep these workers even if they aren't generating any income. In the boom, maintain staff levels, even if it means turning away some business because there is no point in hiring people you will have to fire a year later.
And here's what alcoholics should do: scale back consumption of alcohol to a moderate level. On a good evening, you can enjoy three to four drinks without waking up with a hangover yet you remain sociable. On a uneventful evening or during the morning or midday, refrain from imbibing at all. Hope that was helpful.
Banks Need to Step Off Hire-and-Fire Treadmill [Bloomberg]