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Newsletter                                                             November 15, 2019

 

Succession Planning – the practice of identifying and developing internal candidates for top executive positions.

Without a strong succession plan in place, your financial institution may not be able to fill openings created by retirement or departures, nor meet the demands for additional leaders from growth. In other words, a good succession plan can make sure your financial institution is prepared for the future.

Attract:
A good succession plan starts at the beginning; attracting top talent. A financial institution that invests in its employee’s development will have an edge over other potential employers.

Develop:
Invest in your employee’s growth. Frontline customer/member service training, internal service training, coaching, communication skills, conflict resolution skills, etc. are all key skills that everyone at your financial institution needs to have.
Develop your high potential employees into your future leaders.

Retain:
Employees need to feel valued, challenged, heard, and respected. Investing in your employees increases loyalty, improves service, increases morale, and decreases turnover.

 
 
 

We can help develop your employees!

We had so much fun with our Bounce Protection and Service-to-Sales refresher training in Maine last week!
 
Myers Briggs Type Assessment training is a great way to strengthen your teams!
 

Email us at training@pinnstrat.com to learn
how we can help your financial institution.

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1235 North Loop West
Suite 717
Houston, TX 77008

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