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Feb 25, 2015 12:00:00 PM

Gender in Banking - What Matters Most to Female Millennials

Does gender matter in banking? We recently posed that question, and shared insights from some of the most powerful women in banking who say you’d better believe it matters, and today is just the beginning!

Female millennials are more highly educated and entering the workforce at greater rates than ever before. 

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Topics: Talent

Feb 4, 2015 10:22:00 AM

How Much Does Gender Matter in Banking Executive Leadership?

American Banker recently released their list of the 25 Most Powerful Women in Banking. In connection with the release of that annual ranking, they posed the question, Does gender matter in banking?

The responses from female bank leaders were consistent. These executives agree that it most definitely does matter. Christine Pierson, EVP of the Consumer Services Division for UMB Financial, offers a good summary of the prevailing sentiments, saying, “The business case is clear that gender diversity makes a huge difference, not only in customer satisfaction measures, also in associate engagement, as well as to the bottom line. It brings us profitability.”

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Topics: Leadership, Talent

Jan 14, 2015 10:10:00 AM

Does Your Bank Culture Retain Talent?

In this last installment of our three part series about talent, we examine the heart and soul of long-term organizational success – retaining your talent pool. As we discussed in earlier segments, your bank can build competitive advantage and improve the potential for ongoing profitability by attracting and training a quality talent pool.

Recognizing that training your competitor’s work force is not a sustainable business plan, here are the four considerations that should go into building a culture of internal talent development and retention.
 

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Topics: Leadership, Recruiting, Talent

Dec 10, 2014 10:56:00 AM

Effective Ways to Train and Promote Your Bank Talent

Welcome to Part Two of our look at attracting, training and retaining talent in the banking industry. The first installment reviewed some ways banks can build competitive advantage by attracting talent. This post will go deeper into the importance of training and present a few new ideas to consider.

With almost 7,000 institutions throughout the U.S. (96.8% of all banks), community banks are a staple of our economy. Often, these banks have deep community roots within the markets they serve, but they may lack the focus on attracting and developing talent at an early stage.

Over the next decade, the large baby boomer population is set to retire, creating a greater need than ever for reliable succession planning and talent development.

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Topics: Community Banking, Talent, Training

Nov 6, 2014 2:39:00 PM

How Is Your Bank Planning For Executive Retirement?

Executive attrition and the war for talent are enduring themes faced by banks. Even with a trend toward executives continuing to work later in life, and fresh memories of the financial crisis shaking people’s confidence in their ability to retire, banks are faced with figuring out how to attract, train and retain talent.  

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Topics: Leadership, Recruiting, Talent