The Real #1 Motivator at Work (It’s Not Pay)
Most executives assume pay motivates employees most. Research shows the real driver is daily progress—and leaders who define it unlock higher performance.
What a week… How you respond right now to COVID-19, to near-zero interest rates, and to the requests you’re getting from customers to cut or match rates will predict how your bank will fare in this recession.
How is Your Bank Responding
There’s no reason community banks should have to go out of business because of this recession, but a lot of them will, because they’re not focused on the right things and not in action now.
I recorded a short video above to share some of the actions you should be taking immediately. In the coming days and weeks, I will be sharing more videos in the Grow Your Bank Ezine, here on this blog each Thursday, on LinkedIn, and in regular webinars to help you navigate this storm. Make sure you and your staff are subscribed, if you’re not already, using the form on the right side of this page.
So many of our clients have told me that they made it through the Great Recession because of our relationship and the strategies we helped them implement. I’m committed to getting you through this recession now.
Please watch the video above and share it with your exec team and board.
— Roxanne Emmerich
Most executives assume pay motivates employees most. Research shows the real driver is daily progress—and leaders who define it unlock higher performance.
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Most banks pretend that culture can be delegated. Wrong. Elite banks weaponize culture as their profit engine. Here’s the system CEOs can’t ignore.
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Banks don’t lose margin because of the market. They lose it because of belief systems that keep them competing on price.
Most banks chase NIM by matching rates. Top banks raise pricing by changing positioning. Here’s how they do it.
Guessing interest rates is not a strategy. Here’s how top community banks remove rate risk and stay profitable.
A Christmas reflection on why community banking matters—and why your leadership impact extends far beyond transactions.