Why Is It So Important to Hold On to Low Cost Deposits [VIDEO]
Low-cost deposits are the ultimate margin advantage. Discover how top 5% performers attract them consistently—and why most banks fail to compete.
Ken Blanchard wrote several books years ago and conducted a research study. What he found was that the number one concern for business owners was the lack of people ready for C-suite positions.
In other words, they lacked critical thinking skills and strategic thinking. They could follow instructions, but they didn’t know when or how to change course, assimilate incoming information, and make good decisions on the fly. Developing our people’s thinking style has never been more important.
Yes, AI can handle many tasks, but it cannot perform strategic thinking. In the future, many jobs that existed in the past will simply disappear. However, those who possess critical thinking skills, can anticipate problems, and create proactive plans will be the executives of the future. And here’s the issue:
We can’t spend 30 years developing these skills. We need to start teaching people as they join our organizations how to apply critical thinking to their decisions. I created a formula called the SIR formula that requires them to bring solutions whenever they encounter a problem. This approach forces them to use critical thinking skills from the start. In a top-performing organization, there is no room for those who only complain about problems.
We have plenty of room for those who bring a SIR with an actionable plan to immediately address issues. The real benefit of the SIR process is that it teaches them to apply critical thinking skills quickly. These individuals are your future executives because they demonstrate the ability to foresee challenges, consider all possibilities, and make sound decisions. This is crucial for advancing your team members in the world of AI.
To your continued success,
Roxanne Emmerich
Please watch the video above and share it with your exec team and board.
Low-cost deposits are the ultimate margin advantage. Discover how top 5% performers attract them consistently—and why most banks fail to compete.
Top banks don’t complain about regulation, they execute around it. Here’s how the elite outperform anyway.
Premium pricing isn’t a tactic—it’s a mindset. When belief is missing, margin and legacy are at risk.
When leaders tolerate excuses, excuses become culture. Discover how extraordinary bank executives shift employees from helplessness to accountability, confidence, and extraordinary performance.
Most bank strategic plans are loaded with goals but surprisingly short on actual strategies. Discover four shifts that align your plan with profitable customers, execution, accountability, and growth.
Forget templates. Roxanne Emmerich reveals how top banks burn the rulebook and build execution systems that deliver relentless results.
Roxanne Emmerich exposes the toxic lie behind most strategic plans—and the second-order thinking top banks use to pull away from the pack.
Your boardroom may be your biggest blind spot. Discover how elite banks fix strategy at the Breakthrough Banking Blueprint™ Bootcamp.
Great employees don’t automatically produce great bank results. Discover why Top 5% performance requires employees who understand profitability, create deeper relationships, command premium pricing, and become trusted advisors customers never want to leave.
Elite banks aren’t born elite. They build systems, practice the right behaviors, and continually sharpen how they create value. Discover what helps top 5% banks reach exceptional performance—and stay there.