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...
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...
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...
by Brian Pillmore | May 26, 2023 | Brian's Blog
We may be through the worst of it,But we aren’t out of the weeds yet. To stay afloat, banks will have to manage liquidity well. When I consult with a bank struggling to manage liquidity, here’s how I get them to a safer place: 1. Examine the balance sheet and...
by Brian Pillmore | May 24, 2023 | Brian's Blog
Start a business, and get into sales ASAP. I got into sales at 32.Became a startup founder at 40. I might have been a late bloomer, but now I know firsthand that late truly is better than never. Sales and entrepreneurship have been the greatest catalysts for my career...
