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Training Programs

Board of Directors: A Bank’s Greatest Asset


Topics Covered

  • Board Evaluation
  • Economic Trends
  • Sarbanes-Oxley
  • Strategic Planning
  • Succession Planning



Covers a broad range of topics of special interest to banks: economic trends and forecasts, strategic planning, board evaluation/standards and succession, and Sarbanes-Oxley.


Learning Dynamics and Phillips Associates are pleased to present a new offering targeting Boards of Directors of Banking Institutions.

Over the past few months, we have been asked by several financial institutions to design a comprehensive seminar that would not only cover economic trends and strategic planning, but also a fresh approach to the Sarbanes-Oxley Act.


Although there are many workshops that cover the basics of the act, we are taking the approach that board recruitment, board standards, and board evaluation are critical to making boards of directors the best assets a bank can have.


The workshop can be presented in its entirety or an institution can choose those segments that are pertinent to their needs.


Here is a brief outline of the components of each of the sessions:

Economic Trends and Forecast: An updated look at the current economic climate with emphasis on trends, forecasts and issues facing the banking community.


Led by Dr. Phil Lane, a Fairfield University Professor of Economics and Academic Director of the National School of Banking, the session will provide a comprehensive overview of the economic climate in today’s ever-changing world.


Strategic Planning: This session will focus on the discipline needed to produce fundamental decisions and actions that shape and guide what the organization does, why it does it, with an emphasis on the future.


It is a comprehensive approach that ensures that everyone is working towards the same common goal.


Board Evaluation, Standards and Succession: There are several key characteristics of effective boards.

These include integrity, intelligence, judgment, financial expertise, maturity, confidence and high performance standards.

This module focuses on four ways to insure that boards respond and deliver at the highest level.

Covered is effective recruitment, setting performance standards, dealing with problem directors and board evaluation.


Special Topics: Other modules are available that can address such topics as leadership, team building, stress management, communication, dealing with change or diversity.


Given the dynamic nature of the national and regional economies, financial institutions need to plan and strategize for changing economic conditions.


This economic overview explains the implications of the national and regional forecasts on the individual bank’s market.

  • National Overview and Outlook
  • State and Regional Economic Outlook
  • Asset Liability Management
  • Impact of Changing Demographics
  • Impact of Technology
  • Current Regulatory Issues


Strategic Planning as a Management Tool

Strategic planning involves a disciplined effort to produce decisions and actions that shape and guide what the bank is, what it does, and why it exists, with an emphasis on the future.

  • Create an Explicit Understanding of the Bank’s Purpose, Mission, and Values
  • Lay the Groundwork for Meaningful Change
  • Assess and Adjust Direction in Response to Changing Environment
  • Ensure Everyone is Working Towards Common Goals
  • Define a Shared Vision of the Future
  • Build Teamwork and Commitment among Board, Management, and Staff
  • Identify Changes Needed to Move Forward (Systems, Products, Staff, Marketing)
  • Balanced Scorecard

Board Succession, Evaluation, and Standards

In a competitive and ever changing market, efficient and productive corporate governance is critical.

The roles of the Directors and the overall Bank are continually evolving within the institution.

  • Identify Characteristics of an Effective Board
  • Recognize Characteristics of an Underperforming Board
  • Handling Problem Directors
  • Recruitment of New Directors
  • Develop Standards for Directors
  • Implement Ways to Increase Accountability and Improve the Board’s Performance



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