Our Data Driven ALM Insights webinar is now available for on-demand viewing. In this webinar, we highlight how ALM profiles are continuing to improve, while also addressing the pressure of operating expense growth, which for many is outpacing revenue and asset growth. We discuss the importance of balancing pricing strategies with long-term earnings impact. Additionally, … Continued
As part of our recent webinar, Finance at the Forefront of Merger & Acquisition Opportunities, participants took an exclusive survey on their decision drivers for M&A. Below, we share key highlights from the results of that survey. Who Participated? We heard from institutions of all different sizes, with over half of respondents representing organizations with … Continued
Many financial institutions invest heavily in strategic planning—gathering data, hosting retreats, and crafting the perfect vision for the future. But all too often, the best-laid plans get stuck in neutral during implementation. Why? Strategic planning and strategic implementation are two very different disciplines. Planning is about setting direction; implementation is about making it real. We’ve … Continued
Financial institutions operate in a dynamic environment where strategic planning is crucial for long-term success. Wouldn’t it be valuable for organizations to utilize tools that help visualize the economic implications of achieving or not achieving their strategic goals? The fantastic news is that longer-term financial forecasts are tailor-made to do just that. Below, we highlight … Continued
Each year we work with hundreds of financial institutions, helping them think through their business model for today and into the future. Because of the successes we’re seeing, we thought it would be helpful to outline processes and habits that can help strengthen the thinking among leaders and Boards across the industry. By focusing on … Continued
Client Objectives: Engage our people to rally around the strategy and build a bridge to successful implementation Create a foundation of the right people in the right seats to take us into the future, while delivering outstanding and efficient experiences Things were going well, yet leadership was certain that the institution was capable of more. … Continued
CFOs have shared with us that their leadership teams are increasingly eager to identify which organizational initiatives truly move the needle, especially as they navigate uncertain times together. Recognizing this growing interest, we’ve been working alongside CFOs to develop strategies that keep their teams focused on high-impact areas without overwhelming them with excessive details. Below … Continued
Pressure on non-interest income continues to grow, particularly on Overdraft Protection (ODP) and Non-Sufficient Funds (NSF). In 2022, many financial institutions revamped their ODP and NSF programs. Some did this to get out in front of potential regulatory pressure and take advantage of a market opportunity. Many others followed suit because of competitive pressure. Fast … Continued
Every generation is different, and businesses must constantly evolve to meet changing customer preferences. Millennials and older Gen Zs have been using financial services for a while. For this 180-second thinking exercise, consider Gen Alpha. Born between 2010 and the present, they will be the next big generational topic. As a reminder, 180-second exercises are … Continued
Dictionary.com defines critical thinking as disciplined thinking that is clear, rational, open-minded, and informed by evidence. It is foundational for good decision-making. What organization couldn’t use plenty of critical thinkers? But there are some common stumbling blocks and some key practices to avoid them. 10 Things that Stifle Critical Thinking: Unclear objectives – lack of … Continued
