Knowledge@Wharton: Do you believe that mindfulness can be transformational?
Steidle: Absolutely. Mindfulness goes so much further beyond the benefits to the self. Those benefits that science is increasingly defining for us make us better leaders and better change agents, so we're going to run more effective organizations, we're going to diagnose problems within and outside our institutions more effectively and with deeper understanding, and we're going to build relationships and create solutions that are going to be longer, more sustainable and more impactful in the long term.
Click HERE to read more, or to listen to the podcast as Gretchen Steidle discusses her book about boosting management performance by investing in mindfulness training.
"You lead better as a manager who approaches things from a place of curiosity as opposed to judgment and blame."
Banking expert Jeff Gerrish thinks it's best when community bank board members put some personal funds into bank ownership.
Should [community bank] Board Members Have "Skin in the Game"?
Aligning shareholders' interests with directors' interests
by Jeff Gerrish
Should board members be required to have skin in the game.
This is an issue that I believe every board must address, regardless of size and ownership structure.
As is usually the case, there is no one size fits all solution for all community banks. The discussion and ultimate result needs to be tailored to the specific needs and complexity of the organization. With that said, there are a few universal components to the discussion. Click HERE to learn more.
10 Habits That Will Dramatically Improve Your Life
by Travis Bradberry
We have to be very careful in choosing our pursuits, because our habits make us. Cultivating the habits that follow will send you in the right direction. They'll help you to lead a more meaningful and fulfilling life, whereby you cultivate the best within yourself.
1. Stay away from people who erode your
quality of life
6. Get organized
2. No more phone, tablet, or computer in bed
7. Start a collection of the things that truly resonate with you
3. Appreciate the here and now
8. Do something that reminds you who you are
4. Realize that things aren't always as you perceive them to be
9. Say no
5. Get started, even though you might fail
10. Stick to realistic goals
Your character is determined by your attitude and how you spend your time, and so is happiness. Stop chasing the things that you think will make you happy, and start realizing that your peace and happiness are entirely up to you. Read more about these 10 habits by clicking HERE.
Setting Sale: How to Build a Winning Cross-Silo Referral Program
by Mark Renfro
It's one of the most ubiquitous sales programs in the banking industry and should be one of the most productive: the cross-silo referral program. So why does it often fail? After all, customers welcome an apt referral because it means getting needed help from a place they trust.
The bank welcomes a good referral because it deepens the customer's loyalty. The two bankers involved at either end develop a relationship and move from referring to the anonymous "business bank" to their colleague. And cross-silo represents an inexpensive way to improve the bank's sales focus via a relationship strategy.
But what if your referral program isn't delivering hoped-for results? Click HERE to ask yourself one or more of these five questions.
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HERE to utilize our online rate calculator to get a quote.
"The art of being wise is the art of knowing what to overlook."
~ William James, philosopher and psychologist ~
**Remember to offer your borrowers Owner's Coverage on their most valuable investment. It's a one time premium with a lifetime of security. In addition, they will receive a reduced premium rate when they obtain it simultaneously with your Lender's Coverage.**
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