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May 28, 2014 3:21:00 PM

Is There a Correlation Between Board Engagement and High Performance?

As a Board member, am I highly engaged in my bank’s activities or am I focused on the basic requirements? As the overall banking environment continues to evolve and as regulations remain high, board members can offer insight that is very impactful.

High performing boards go beyond handling the ‘basics’ to counsel and challenge management on the bank’s vision, strategic plan, operational best practices and changes in market behavior. Boards bring the opportunity of infusing a wealth of diversity in backgrounds, experiences and leadership that can significantly enhance the growth and profitability prospects of their institution. As a Board member, am I engaging with management to add additional value to help the bank move forward and grow?

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Topics: Board, Board Engagement, Board Members, Director, Leadership

Mar 12, 2014 9:41:00 AM

What are…Three Best Practices for Building Representative Leadership

In Part One of our look at bank board leadership, we examined the merits and criticisms of the “Jeopardy Jerk,” Arthur Chu. He bucked the traditional game show system by board hopping with no apparent process logic. Chu deployed a perfectly allowable and extremely effective technique, yet it was criticized as a system hack because it was different, and (more to the point) other players were nearly defenseless against the strategy. 

As we think about the banking industry, “hacking the system” is a very relevant leadership strategy. 

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Topics: Strategy, Board, Leadership