Embracing Change or Chasing Shiny Objects: 4 Criteria to Distinguish Between Them

So often we struggle with the noise surrounding the banking industry. “Change or die!” “Get bigger or get out!” “If you don’t have an AI strategy you’re already behind!” How do we create a financial institution that embraces change without chasing shiny objects?

I have ideas in the below video.

Excess Liquidity, Low Rates, and Branching. My Answers to Jeff Davis' Questions

S&P Global Market Intelligence Principal Analyst Nathan Stovall recently interviewed Mercer Capital's Jeff Davis on the Street Talk podcast regarding the thorny banking issues of the liquidity glut, persistently (or perpetually?) low rates, and the branch costs millstone. I highlight Jeff's comments, and offer some solutions in this video blog.

Enjoy!

~ Jeff

Here is the YouTube link to my comments in case the video does not play on your device:

https://youtu.be/8erI7qDMb2g

Street Talk podcast link: 

Excess liquidity, low rates leave banks between a rock and M&A | S&P Global Market Intelligence (spglobal.com)

And don't forget my book: Squared Away-How Can Bankers Succeed as Economic First Responders

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A Bank Consultant Is a Road Warrior: So Here Are My 3 Driving Pet Peeves!

To the followers that spend a lot of time in your car, I'm with you! Most times it can be a relaxing time to listen to podcasts, sports, or relaxing music. Sometimes, though, it's blow-your-top nerve wracking!

In the below video blog, I highlight my Top Three Road Warrior Pet Peeves! Not a banking post. But, hey, it's my blog, and perhaps you would be interested to peel back the onion on what makes me tick, even if it's about my pet peeves.

What are your Road Warrior Pet Peeves? Leave me and the rest of the readers a comment!

~ Jeff

Note: If you like podcasts and banking, try my firm's podcast, This Month In Banking!

Bank Lending: Shifting Emphasis from CRE to C&I

Although bank commercial real estate (CRE) lending has been more profitable than commercial and industrial (C&I or Business Loans), both now AND immediately after the financial crisis, regulatory CRE guidelines are causing financial institutions to consider a switch of emphasis to Business Lending.

Here are my thoughts on how to do so.

Your thoughts?

~ Jeff

Bankers: Bring On The Change

On the shores of the Ammonoosuc River, alongside the hotel where the famous Bretton Woods conference took place in 1944, I talk about the onslaught of change that has recently occurred, and will continue to occur in our industry.

Change: Is your institution ignoring it, trying to stop it, or adapting to it?

How much grief will I get comparing employees to beavers?

vBlog: How to break down organizational silos in financial institutions

There are a number of challenges that nearly every financial institution faces, in my experience. Regulatory over-reach, check. Compliance woes. Got it. Branch under-utilization. Ditto. 

One such omnipresent challenge is how to blow up thick-walled organizational silos to serve the customer well over several banking and neo-banking disciplines. The below video highlights some of my ideas on how bankers can break down barriers to win more of their customers' business.

What are your ideas?

~ Jeff

Note: Here is the YouTube link of the above video in case you can't view it in the Blogger application.

https://www.youtube.com/watch?v=kK0bhrY_b7U

vBlog: Bankers... What's Your Criteria for Your CEO Search?

Bankers and Credit Union executives and Board members, be careful when limiting your choices for your next leaders. Because you might get what you asked for.

What traits and experience do you think equates to success?

~ Jeff

YouTube link in case you can't view on your device...
https://www.youtube.com/watch?v=weOl8ceXHzg