Making Work Joyful: Playing To Your Strength

January 20, 2023Posted inGeneral Management
“People who utilize their natural…talents are much more fulfilled and successful than those who don’t. Teams and organizations that help people tap into their … talents are much more successful and productive than those who don’t.”  Patrick Lencioni, The Six Types of Working Genius”.  When I read the quote above, from Lencioni’s book recommended to me by a friend, it seemed too obvious to be said.  Of course we do much better, both performance-wise and…

What Big Banks Are Saying About Inflation, Recession & Credit Trends

January 5, 2023Posted inCommercial Banking
During Q3 earnings calls, senior executives of eight of the biggest U.S. consumer banks talked to analysts about the impact of inflation on credit now and about their expectations for the impact of a recession. So far, it seems, the overall impact of the recession has been muted, but all, including our biggest banks, are preparing for a turn to the worse. During third quarter 2022 earnings briefings, many large bank leaders have continued to…

Economic Outlook – Wisdom From Robert Albertson

November 28, 2022Posted inNewsletters
As the year begins to wind down and budgets to firm up, the economic outlook hasn’t cleared out much.  Robert Albertson, Chief Strategist of Piper, Sandler, remained undaunted, although unclear. There are five NEVER BEFORE’s, says Robert. 1.  Rising rates in a growing economy. 2. Unsustainably low rates for the last decade plus. 3. Pandemic shut down the global economy, which is still affecting us. 4. Ukraine war and its impacts on exports. 5.  Unexplainable…