| A Community Bank Director Advisor | Issue #24 - June 2009 |
|
Mark
Your Calendar Now 2010
Annual Bank Presidents, Senior Officers & Directors
Conference
WIB has moved our 2010 Conference from Maui to Scottsdale, Ariz. The dates are March 27-31, and the location is the beautiful Hyatt Regency Scottsdale at Gainey Ranch. Room rates are $245 per night. Registration information will be available in August.
The Board
of Directors: Leaders by Deed, Not by Example Banks failing, capital
depleted, shareholders mad, depositors nervous and regulators
pounding the table. Those and similar characteristics are
bombarding the board. As a result, it is incumbent upon the
board to continue to demonstrate leadership in times of
crisis. In fact, it is those times of crisis where true
leadership skills will either be most evident, or most
exposed. This article highlights a few key areas where the
board as a group can continue to take leadership roles. Who
Needs Risk Management? As a bank director, we may be wondering why we ever bothered to spend money on risk managers and internal auditors, especially when they didn't protect us from painful losses during the recent hurricane that is pounding our banks and our industries. This column will address those concerns. <read more> Banks’
Four-letter Word Presents Opportunity For banks in today’s
environment, the main factor in determining survival and
future success may lie in one key consideration: risk. West
Region bankers who participated in Grant Thornton’s 16th
Bank Executive Survey, conducted in conjunction with Bank
Director, pointed to a number of risks on their radar in
the coming months. Customer
Data: Threatened from Inside and Out As the national recession deepens, cyber-crime is on the rise and crooks are becoming increasingly brazen and sophisticated. Additionally, rogue or disenchanted employees can sell customer data for fraudulent purposes and personal gain. Customer data is one of a community bank’s most important assets. <read more> Strategy
102: Part VI Managing the perceptions of your bank by key audiences using public relations strategies is the fifth of the eight essential components of strategic marketing. In Strategy 102, Part VI we will discuss this extremely effective strategy, as well as the sixth component, HR interpretation, and why they are both so important. <read more> The
Company You Keep: Designing an Effective Vendor Management
Program Growing up, it’s possible that most of us had a friend who may have been hanging around a “bad crowd.” Against the well-intentioned advice from those more experienced, we may have chosen to continue the friendship and learned a lesson the hard way. Now, as we perform our professional duties, those same lessons can prove useful when we are choosing who we associate with including the vendors we engage. <read more> |
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