The Changing Food Scene

June 6, 2024Posted inNewsletters
Dick and I have been food lovers for many years. Food is central to our lives, how we spend our time and money, and how we get pleasure.  The credit goes to my father, who taught me from a very young age that food consumption isn’t just about subsistence but much more. It involves the pleasure of the dining experience, sharing it with friends and acquaintances, and using it to connect with others and learn…

Outsourcing

May 22, 2024Posted inGeneral Management
Banks are looking for ways to reduce expenses as loan growth is anemic in most places, deposit costs are rising, NIM is shrinking and consumer fee income continues to evaporate. One solution that has not been on the table in the past for most institutions is emerging as a viable option for routine tasks: outsourcing. Providing jobs domestically is still and should always be the top priority for all of us, but economics also play…

Leadership Lessons from Successful Veteran CEOs

May 9, 2024Posted inGeneral Management
A few outstanding CEOs have recently retired from their positions after an illustrious career. They took their respective banks to new heights, contributed hugely to the economic success of their communities, shareholders, and employees, and got there using their path and strengths. There is so much to learn from their body of work. Below are the insights shared by two such CEOs at their retirement dinners. These are real-life lessons, a gift from these stellar…