While none of us can predict the future, those who anticipate various future scenarios and work through their options tend to fare materially better than those who don’t. Utilizing scenario planning to rehearse for potential future events can boost confidence in decision-making for an unknown tomorrow, while building the strength to handle it along the … Continued
The nature of disruption The thing about disruption is that it’s always coming toward us. No matter how well we’ve adapted to the last thing, there’s always a next thing. Because disruption is part of the fabric of business, cultivating a mindset and practices that embrace disruption can help position organizations to be more resilient … Continued
Let’s start the new year off with a different kind of 180-second exercise. Set a timer for 3 minutes and write down ten (or more) instances in which you are proud of how you showed up in 2023. We’ll wait. Were you able to come up with ten? How did it feel to take time … Continued
In this environment, it can be easy for finance leaders to lose sight of continuing their own leadership development. With deposit outflows, liquidity pressure, and interest rate risk concerns, the business focus is very much on the financial structure. For many, this may seem like it is “prime time” for numbers and analysis to ensure … Continued
Great news! The elevated rate environment provides financial institutions (FI’s) an opportunity to take advantage by putting new assets on their books at higher rates as existing lower yielding assets roll off. By itself, this helps improve their net interest margin (NIM). However, the other side of the balance sheet is also adjusting to higher … Continued
5 minute read – After receiving great feedback on this topic, we have decided to remind leaders how important it is to establish clear objectives for business intelligence (BI) and data analytics initiatives. There are almost as many strategic initiatives focused on business intelligence (BI) and data analytics as there are financial institutions. The potential … Continued
Every day we talk with CEOs about leadership priorities for themselves and their teams. In this episode of c. myers live, we discuss the priorities that should be top–of–mind as we enter the new year. Our discussion encompasses the vital aspects of building capacity within the leadership team, prioritizing strategic initiatives, and the relentless pursuit … Continued
Biometric authentication methods are one the newest generations of security measures and one of the latest iterations can be found at your local Whole Foods. The next time you are buying organic kombucha, you may find yourself in front of an Amazon One sensor alongside the register. Amazon One sensors enable consumers to use their … Continued
4 minute read – More and more decision–makers are understanding how important it is to have a financial roadmap – similar to their technology roadmaps – that links to strategy. After receiving great feedback on this topic, we have decided to remind leaders how important it can be to use roadmaps as a way to communicate longer-term financial outcomes to stakeholders and help align … Continued
6 minute read – Strategic plans are all about possibilities, but the possibilities for risks to get in the way are also part of the equation. Knowing that there are risks and knowing that they can impact financial performance means that choices must be made. Those choices are better made after reaching as much clarity and … Continued
