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
6 minute read – The following blog post was written by c. myers and originally published by CUES on July 27, 2023. Many are concerned that the next few years could be financially tough for financial institutions, even if we avoid recession. Tight liquidity, escalating cost of funds, inflation-driven operating expense increases, and accelerating loan losses … Continued
6 minute read – For many C-Suites, discussions around loan and deposit pricing, and funding strategies are now beyond the short-term band-aid. Leadership teams are expanding their views to grapple with the inevitable – What may the future hold when our shorter-term funding band-aids peel off? There is no one answer to this question. That … Continued
