Bank Director Magazine - Resource Center




Compensation Challenges in Turbulent Times “Every aspect of compensation is changing,” Todd A. Leone, president and founder, Amalfi Consulting says. He looks at the banking industry overall and suggests what your institution should consider before deciding on pay programs. from the Board Governance Series Is Your Board Prepared to Manage Change to Survive? Today’s corporations must be agile and foster a culture that enables fast reactions to change,while viewing it as a positive, and not a negative force, advises PricewaterhouseCoopers LLP Principal Karen Vander Linde. from the Board Governance Series The Global Credit Crisis: What Directors Need to Know, Part 2 Fair value accounting presents a challenge for today’s companies to resist using their own points of view when valuing complex securities, according to Scott Friedland, senior managing director at FTI Consulting. from the Board Governance Series What Role Should the Board Play in the Formulation of a Company's Strategic Plan? Our panel of corporate governance experts offered opinions on what type of role the board should play in the forming of a company's strategic plan.		Inside the Boardroom with J. Timothy O'Rourke Bank Director’s associate publisher talks with J. Timothy O’Rourke, CCP, president and CEO of Matthews, Young–Management Consulting, about how executive compensation at commercial banks is being affected by a difficult operating environment. The Wall Street Crisis and the Future of the Banking Industry INTERVIEW Bank Director President and CEO TK Kerstetter called former FDIC chairman Bill Seidman to get his take on the U.S. financial crisis, how banks have been impacted, what board members can do to protect their institutions and shareholders, and what is to come in the next six months. Defining Enterprise Risk Management at Your Bank ARTICLE Exactly how does a community bank construct a foolproof plan for the unforeseeable? How does it make sense of what responsibilities reside with the audit committee? What roles can be shared and/or divided between the board and management? And within these considerations,what, if anything, gets outsourced? As fate would have it,m.rae PresidentMichelle Gula and Chief Bank Strategist Jay Brew returned fresh from Bank Director’s Bank Audit Committee Conference, where enterprise risk management was hotly discussed. Tech Check: Are You Managing Your Capabilities Gap? ARTICLE Most process improvement experts in the banking industry agree that an estimated 20% to 60% of technology systems capabilities go unused. The difference in the perceived and the actual capabilities available–known as the technology applications systems gap–can have a negative impact on a bank’s productivity. This article from RSM McGladrey examines what causes the gap and offers solution to fixing it. *Boards Think* They're Doing a Good Job...But CEOs Disagree** ARTICLE Some 95% of directors rate their boards as either effective or very effective overall. That was the finding of a recent study of board effectiveness conducted by Heidrick & Struggles in conjunction with the Center for Effective Organizations at the University of Southern California’s Marshall School of Business. CEOs tell a different story. Keith B.Meyer and Robert S.Rollo of Heidrick discuss what directors can do to bridge that disconnect.