Your Plan Won’t Save You in a Merger—But This Will
Your plan won’t save you. A strategic planning system designed for high-stakes execution will. Here’s how top community banks avoid merger collapse.
Last week we discussed the difference between leadership and management. Below are five specific best practices utilized by high-performing leaders within the industry.
When a leader takes complete accountability, suddenly others learn to take accountability. Accountability is contagious.
Leaders are accountable for knowing that they can influence everything.
In order to be able to empower people, you must be extremely clear and explicit about outcomes and check in with people often as they work through their process. This ensures that they are on track, especially the first several times a person is attempting a new task or project.
Plan regular coaching sessions where you actually leave a form with them; that is, a project plan of something that they will be doing differently or that will be improved. The plan is thus made crystal clear. Check in with them often to make sure that they are on track to fix the areas of weakness on which they have been coached.
Your plan won’t save you. A strategic planning system designed for high-stakes execution will. Here’s how top community banks avoid merger collapse.
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