Showing posts with label georgia banking company. Show all posts
Showing posts with label georgia banking company. Show all posts

Thursday, April 11, 2024

Notes from This Month in Banking Podcast

I was rustling through papers on my desk to clean it up and not look like a candidate for the Hoarders TV show. In the clutter I found my sloppy copy notes from two podcast interviews. I put them in the shred pile.

Then I read them. And rethought about shredding them. There were some valuable nuggets in there. They were uttered in some form by our guests and I thought them so insightful that I wrote them down. So I wondered if my Jeff4Banks.com readers would appreciate them. 

Not knowing for sure, here they are. Why not, right?


Episode: Managing Through Change (or in other words, getting stuff done).

Release: November 2023

Guest: Mike Butler, CEO of Grasshopper Bank

Link: Managing Through Change (or in other words, Getting Stuff Done!!) - The Kafafian Group, Inc.


JPM Notes

- Mistakes are often silo issues.

- Despise bureaucracy.

- Our bank does not want to be a software company.

- We have a partnership strategy with technology companies.

- Successful companies that get stuff done push decision making down.

- Fail fast and fix it.

- Commercial banking is ripe for disruption.

- Build an environment where people can thrive personally and professionally. 

- Culture: When hiring people, the candidate has three decisions to make: 1) is it exciting for the candidate, 2) is it not for them, and 3) do they believe or call BS on what the CEO is trying to create. 


Episode: Ingredients to a Successful Management Team

Release: March 2024

Guest: Bartow Morgan, Jr., CEO of Geogia Banking Company

Link: Ingredients to a Successful Management Team - The Kafafian Group, Inc.


JPM Notes

- We changed how we attracted talent. Didn't necessarily need the banking experience.

- We run each line of business in a more entrepreneurial way.

- Only one person drives culture (CEO).

- Put people at the top. Successful people are usually successful. Passionate people usually win.

- Break down silos by creating cross-functional teams.

- What to look for in leaders: driven, accountable, self-aware, collaborative and ethical.


~ Jeff