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I spent 3 days with my team in Turkey and INSISTED that no one open their laptops.

I spent 3 days with my team in Turkey and INSISTED that no one open their laptops.

by Brian Pillmore | Jun 9, 2023 | Brian's Blog

I wanted 3 days of us simply being together. We could talk about technical things,Discuss ongoing projects,And do work-related things, But there were no laptops and no deep work. No coding, no designing user interfaces, no spreadsheets. Instead, we were in various...
ALCO meetings shouldn’t be quarterly.They shouldn’t even be monthly.And they definitely shouldn’t be run by the board.

ALCO meetings shouldn’t be quarterly.They shouldn’t even be monthly.And they definitely shouldn’t be run by the board.

by Brian Pillmore | Jun 6, 2023 | Brian's Blog

The Asset Liability Committee needs to be a management-level committee, and they need to meet weekly. Especially in unstable economic times like these,A quarterly meeting to manage liquidity does almost nothing. Situations change quickly. Banks need to give themselves...
How I would handle the implementation of a major API as a bank leader, knowing it would significantly change the roles of many of my employees:

How I would handle the implementation of a major API as a bank leader, knowing it would significantly change the roles of many of my employees:

by Brian Pillmore | Jun 3, 2023 | Brian's Blog

1/ Get out in front of it. Word will spread quickly if something like this is on the horizon. Rumors will spread, and most of them won’t be accurate. Don’t let that happen. Get out in front and let all of your employees know well in advance that major changes are...
The commoditization of core banking functions is NOT causing layoffs.

The commoditization of core banking functions is NOT causing layoffs.

by Brian Pillmore | Jun 3, 2023 | Brian's Blog

It’s simply giving time back to employees in order for them to do higher leverage work. With the vast improvements in AI and tech in general, there is growing risk of jobs being automated. And it makes sense to think that tellers and other bank employees would be...
Excessive COVID stimulus has led to a giant game of whack-a-mole.

Excessive COVID stimulus has led to a giant game of whack-a-mole.

by Brian Pillmore | May 31, 2023 | Brian's Blog

Except these moles have real-world consequences. All the economic chaos that has happened and continues to happen can be traced back to the triggering event of COVID stimulus. $5T poured into the money supply that started the whack-a-mole game. Oh, economic activity...
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