WASHINGTON, DC — Over the years, I’ve used this blog to share stories and ideas that reflect words like resiliency, agility and resourcefulness. Typically, posts distill my experiences gained through travel or conversation. Today, I am taking a slight detour in order to highlight an incredible project, spearheaded by Bank Director magazine’s Executive Editor, John Maxfield. This is one of the finest journalistic pieces produced by our team in recent memory, as it gets to the heart of running a strong and successful business.
John crafted this 20-page report from interviews with more than a dozen CEOs. All from top-performing financial institutions, you will recognize names like Brian Moynihan from Bank of America, Rene Jones from M&T Bank and Greg Carmichael from Fifth Third. This piece offers unique and valuable insights on:
- Risk management;
- Stakeholder prioritization; and
- Capital allocation.
Entitled The Flywheel of Banking: Six Timeless Tenets of Extraordinary Banks, I strongly encourage anyone interested in the future of the banking industry to take the time to read it. Make no mistake, this is no 500 word op-ed. But it will be worth the hour or so it takes to unpack the insight and inspiration gleaned by John and our team. I invite you to let me and/or John know what you think.