We have spent thousands of hours working with Boards and Leadership teams on strategic planning and we regularly get asked, “How can a Board, made up of individuals who often are only able to focus on the financial institution during monthly meetings or annual planning sessions, be more strategic in their thinking?” Most of the … Continued
In the continually evolving landscape of finance, growth is not just a goal, but a necessity for survival and prosperity. Financial institutions operate in highly competitive environments where growth not only helps to ensure but also signifies relevance and progress. Not all growth strategies are created equal, and some may prove harmful if not guided … Continued
Today’s high-performing finance teams are seeing a need to shift their mindsets and their internal reputations in order to enhance the integral role they play in the strategic progress of their organization. They are being intentional in their efforts and actions to change the way they are viewed in the organization. Specifically, their focus is … Continued
It seems like there are innumerable tough conversations to be had in the workplace for situations like mediocre performance reviews, cancelled projects, peer feedback… These 5 tips will help you prepare ahead of time, so you’re positioned for better outcomes more often. Before getting into the tips, there’s a type of tough conversation that deserves … Continued
In a previous blog, we discussed shifting from the traditional approach to strategic planning toward a more continuous approach in order to help your team be better prepared for the unpredictability of tomorrow. If you haven’t read that blog, we recommend starting there. This blog outlines some of the important topics that have come out … Continued
Robust earnings eliminate a potential impediment on the road toward progress with strategic objectives. The current environment, however, is placing pressure on earnings in a variety of ways. Net interest margin compression, increasing operating expense ratios, higher projected reserves for loan losses, and potential decreases in non-interest income sources all seem to be impacting financial … Continued
In light of the many conversations we are having with our clients about artificial intelligence, we thought it would be helpful to repost this blog as a reminder to explore the power of process improvement, before artificial intelligence. When it comes to newer technologies in the financial services industry, the usage of artificial intelligence (AI) … 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
