Initially, the global pandemic dramatically disrupted virtually every existing industry worldwide. The banking and consumer lending marketplaces were no exceptions. Widespread layoffs, record unemployment spikes, and a highly uncertain future became the norm for consumers and small businesses. However, banks and other lending institutions became inundated with the demands of forbearance requests, PPP loans, and […]
It’s no secret that making a bad hire is one of the more significant fears hiring managers and the organizations they serve possess. But just how damaging can it be? How much does it really cost your business? How much does it hurt your career if you’re the one responsible for making it? Furthermore, how […]
We typically use our monthly blogs as a platform to discuss financial services trends and share our insights. But, frankly, this isn’t on our minds today. In fact, it’s far from it. Today, we want to narrow down our focus to the great humanitarian causes in which we are all engaged. The past few months […]
As we march our way through a period of prolonged social distancing, working remotely has become the new standard for many organizations. While we work in an age more suited to this type of disruption than any before, still leaders are faced with the challenge of maintaining productivity and engagement with teams working primarily from […]
It’s likely already been over a month since your office transitioned to working remotely, and still, it seems, we may have several more weeks to go. While some states are already beginning initial steps to reopen, it’s unclear what that may mean regarding timelines for specific offices to open its doors and resume business as […]
Though we all eagerly await a return to normalcy, business leaders abroad must prepare for both a radically different present and future in the wake of the unprecedented COVID-19 outbreak. With the US economy projected to contract 14% in the second quarter, COVID-19 and the resulting waves it has made through every facet of the […]
The digital transformation is well underway, asserting its effects across virtually every industry worldwide. Some, however, seem to feel the effects more heavily than others. Emerging digital technologies continue to course through the financial services sector, and organizations are rallying to match increased competition and surging consumer demand for seamless customer experiences across a range […]
Innovative retention strategies have long been a hot topic across all industries. In today’s candidate-driven market, where talent is increasingly hard to come by, this topic has gained even more traction and populates more headlines (see above) than ever before. Most of the attention on the topic, though, has consistently revolved around topics like developing […]
The concept of diversity in the workplace has had such considerable air time in the past several years that one can, at times, become desensitized to the idea and forget the immense value that lies behind what it represents. Additionally, “diversity for diversity’s sake” is a phrase that gets parroted from time to time and […]
When it comes to identifying, attracting, and hiring top executive-level talent for hard-to-fill positions, you can choose one of two routes—(1.) hire a professional and get professional results or (2.) hire an amateur because you think you’re getting a deal. The price is always paid, but the results can vary greatly. LinkedIn research indicates that […]
Everyone knows how crucial having the right senior leadership and management team is to an organization’s health, success, and future. Unfortunately, at many firms, executive leadership (CEO, BOD) fails to include a review of their senior leadership and management team (their single most important asset) annually as part of their strategic planning process. If you […]
