Factors to Consider in Evaluating a Banking Succession Candidate's Competencies, Skills, and Experience
Tim Beimal Tim Beimal

Factors to Consider in Evaluating a Banking Succession Candidate's Competencies, Skills, and Experience

Succession planning in the banking industry is a strategic imperative to ensure a seamless transition of leadership roles and maintain organizational resilience. Identifying the right succession candidate requires a thorough evaluation of competencies, skills, and experience to determine their readiness to assume higher responsibilities within the organization.

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Cost Analysis of Filling Bank Positions Internally vs. Externally
Tim Beimal Tim Beimal

Cost Analysis of Filling Bank Positions Internally vs. Externally

In the ever-evolving landscape of the banking industry, one critical decision that financial institutions must grapple with is how to fill vacant positions within their organizations. The common dilemma often revolves around whether to promote talent from within (internal recruitment) or hire external candidates to meet staffing needs.

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Fair, Equal, and Legal
Tim Beimal Tim Beimal

Fair, Equal, and Legal

Everyone wants to team up with a leader who is fair, equal and legal. Unfortunately, most people tend to use these three concepts synonymously, when in reality, they’re very different.

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Creativity
Tim Beimal Tim Beimal

Creativity

Creativity is defined as the use of imagination or original ideas.

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Positive to Negative Ratio
Tim Beimal Tim Beimal

Positive to Negative Ratio

Author and leadership guru Ken Blanchard notes that for a manager to be perceived as a positive manager, their positive interactions must far outweigh their negative interactions.

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How are you feeling?
Tim Beimal Tim Beimal

How are you feeling?

Feelings are not facts, but they can help inform future actions when handled appropriately.

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Think you’re good at multi-tasking? Think again.
Tim Beimal Tim Beimal

Think you’re good at multi-tasking? Think again.

Our desire to do more faster has driven us to extremes in the world of mechanical and automated processes. It’s only natural that we look to better ourselves as operators, but new research tells us that we’ve fooled ourselves with the entire concept of multi-tasking.

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