Understanding Human Behavior and AI in Banking
Most of my banking clients consider predicting human behavior to be crucial to their success. It’s an essential part of our risk management and strategic planning. Historically, understanding what your competitors, clients, and even regulators might do has helped us navigate the complex financial landscape. This concept, which some philosophers like
Unfair Advantage: The Rise of AI
I want to write about something becoming increasingly relevant in community banking: The rise of Artificial Intelligence (AI) in creative and professional/banking work. Embracing AI can give you a significant advantage over your larger, slower-moving competitors. Many pundits are voicing concerns about the speed and cost-effectiveness of AI-generated content. They argue
Unlearning: A Key to Transformative Leadership
In the realm of leadership development, we are on the cusp of recognizing two pivotal trends that we’ve overlooked in our advisory roles with community bankers. Unlearning Old Habits Firstly, there’s a pressing question that looms large: What must community bank leaders and their executive teams shed from their current repertoire to
Building Strong Leaders: A Guide to Leadership Development
Talented employees are probably walking out your door right now because they can’t stand their boss. Or their manager expects too much from them. Or maybe they want to leave a sinking ship, disillusioned by the company’s leadership and direction. And it’s your job to fix it. A monumental task? Yes.
Embracing Continuous Learning and Development
Explore how embracing continuous learning and development transcends traditional training in the finance world, emphasizing the importance of curiosity and the ability to learn from mistakes for enduring success. Contact me and be on the lookout for the next Notes for Growth!
Aligning Your Executive Team for Sustainable Growth
In the banking industry, sustainable growth isn't just a goal; it's essential. Community banks, in particular, face unique challenges and opportunities in fostering growth while maintaining their core values and serving their local communities. At the heart of this endeavor lies the alignment of the executive team—a critical factor in
Empowering Women in Community Banking
Breaking Barriers. Building Success. In our journey toward excellence in community banking, leadership transcends the mere management of operations; it embodies the essence of fostering an inclusive environment where every individual is empowered to shine. Despite significant progress towards gender equality, the stark reality is that women in the banking sector continue
Come Together This Holiday Season
As we enter this Christmas season, it's important to embrace the values that have stood the test of time. First and foremost, let's remember the importance of coming together as a community. Just like how our neighborhoods used to rally around each other, we should provide support and assistance to our
Foundational and Fundamental
Here are four examples of fundamental beliefs about work and people. In my work with clients, I treat them as axioms. Work is meaningful. It gives meaning to people's lives. For many of my clients, meaning comes from three things. Developing oneself. Creating something excellent. Contributing to other people. People are not
Expectations
Many people have expectations that their employer is going to offer them flexibility in how, where and when they work. And in many businesses, why wouldn't they? Employees' expectations aren't far-fetched when they've worked nearly a year out of the office. With the technological advances of the 21st century, there's really no