2024 Pub. 3 Issue 6

RESILIENCE IS A CORE COMPETENCY FOR LEADERS IN BANKING, ENABLING THEM TO STEER THEIR ORGANIZATIONS THROUGH UNCERTAINTY AND COMPLEXITY WITH STRENGTH, ADAPTABILITY AND VISION. swayed by temporary setbacks and can balance immediate needs with strategic goals. This forward-thinking approach helps to guide the organization toward sustainable growth, rather than being reactive to market fluctuations or competitor actions. By staying focused on the bigger picture, resilient leaders ensure that their institutions are not only surviving but thriving in an increasingly complex environment. 5. Developing Personal Resilience. Finally, to lead others effectively, banking leaders must cultivate their own resilience. This involves prioritizing mental and physical well-being, seeking mentorship and peer support, and practicing mindfulness or stress-management techniques. Personal resilience ensures leaders can manage the demands of their role without burning out. By modeling this behavior, they set an example for their teams, promoting a healthy work-life balance and reinforcing the message that resilience is not just about enduring challenges, but thriving despite them. Resilience is a core competency for leaders in banking, enabling them to steer their organizations through uncertainty and complexity with strength, adaptability and vision. By cultivating resilience at both the personal and organizational level, banking leaders can create a robust, agile institution capable of navigating the inevitable challenges of the financial world. For help developing your resilience, contact Connie West at The James Paul Group at cwest@jamespaulgroup.com or toll free at (877) 584-6468. INDEPENDENT REPORT | 27

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