Pub. 11 2022 Issue 1

18 Acareer as a next-generation bank leader offers opportunities in technology, digital marketing, customer relationship management, cybersecurity and more. As the banking industry evolves, your leaders must also adapt. Think about it, almost every aspect of a leader’s world has changed over the last few years. The way we lead and train needs to change too. Financial institutions have had to find a new way to reach learners. In a lot of cases, in-person training classes have been replaced with compliance training webinars. But does this new training vehicle make the same impact as in-person training? With over 40 years of experience, we’ve pulled together a list of why we believe webinars enhance and keep your compliance training programs engaging and current. Next Generation Bank Leaders Need to Lead Differently Because Workforce is Changing With Millennials making up a majority of the workforce, it’s important to note that typically millennials have a high expectation of how their companies should conduct business and what they stand for. Understanding this and adapting your leadership style to support this will help build a forward-thinking, nurturing, and inclusive workplace. Tips on How to Effectively Develop the Next Generation of Bank Leaders Give Workers a Voice Establishing employee engagement committees that meet regularly can provide your leaders with necessary feedback when reviewing company policies. A next-generation banking leader will take time to speak with employees. They make a point of listening to their employees and do this because they know it’s the key to reducing turnover. Next Generation Bank Leaders Embrace Tech With all the new fintech available on the market, the next generation of bank leaders needs to lead and coach their clients to adopt new tech. According to a Deloitte report, 57% of millennials surveyed would change their bank relationship if another firm offered a better technology platform. Ironically, at the same time, the report showed that 84% of millennials seek financial advice (and knowledge). Don’t Get Behind – How to Develop the Next Generation of Bank Leaders By OnCourse Learning

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