Management & Boardroom articles

Survive and Thrive

Four strategic ideas to prepare for change and ensure a long, independent future By Philip K. Smith Can your community bank survive? “Yes,” is my answer, but perhaps my first bit of advice is to stop panicking. Community banks may, in fact, face different types of challenges going forward, but community banks can and will

Banking on the Basics

Following the fundamentals is how many of this year’s ICBA top-performing community banks overcame industry challenges By Kelly Pike When it comes to financial success, consultants are always warning community banks that they must re-imagine their operations or lose out to growing competition. But just as important as keeping an eye open for new opportunities

Divining Future Deals

GROWTH AND ACQUISITIONS The resurgence of community bank mergers and acquisitions—fact or fiction? By Thomas R. Mecredy There has been much discussion among community bankers as to when merger and acquisition activity will heat up, and an increasing number of community banks are considering a strategic merger with another institution. Here are several reasons why

Transformative Trends

TECHNOLOGY AND OUTSOURCING Emerging outsourcing tactics are changing how the most successful community banks operate By Scott Hansen The good news: We made it. The economy is on the comeback trail, and community banks are feeling it. The Federal Reserve reported that 2012 was the second-best year for bank earnings in history—so expectations are high

The Five Metrics that Matter

MEASURING PROFITABILITY Most Metrics are like party appetizers: You want to offer a nice spread, but not go overboard By Adam Craig Think about the last few times you attended a party that served appetizers—or hors d’oeuvres, if you want to be fancy. Were there about five items for you to enjoy? I’ve noticed that

The Road Ahead

STRATEGIC TRENDS Four drivers of long-term industry change By Philip K. Smith To say the environment for community banks has changed over the last five years would be an incredible understatement. As the industry continues to dust off the debris from the recent financial crisis, community banks have found themselves in a state of flux—one

Leadership from the Inside Out

Building the right habits can galvanize a high-performance management team By Tom Hershberger Say all you want about location, location, location, but creating a high-performance bank is never just about showing up in the right place at the right time. Great performance is always embedded with intention. Leaders at high-performing community banks identify their desired

Act Like a Startup

Transform your community bank into a scrappy and bold new business venture By Jim Ghiglieri It’s easy to write statements like “improve customer experience,” “streamline processes” or “create a culture of innovation” in your community bank’s strategic plan. These are all admirable and valuable strategies toward making your bank more efficient and competitive.

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