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Championing Diversity and Inclusion at Bank of America

HR Digest

In 2012, we began to launch Diversity Leadership Councils, starting with our Black Executive Leadership Council (BELC). In 2021 we developed a curriculum focused on driving manager capabilities, including topics like how to be an effective people manager and coach and how to champion diversity and inclusion.

Banking 78
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Measuring Right: Understanding Goodhart’s Law

QAspire

If you don’t frame your metrics right, they can distort behaviors. A bank executive once insisted that I do him a favor by getting a free credit card (even when I did not require it). Reframe metrics as a tool to learn and adapt: Build team rituals to have a dialogue on leading indicators to learn, adapt and course correct.

Metrics 118
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Leading by Cause

Lead Change Blog

A recent conversation with a community bank CEO focused on his vision for the company. What is getting in the way of our new business development activities?” . But every numeric result – product development, marketing, sales, manufacturing, and distribution – reflects human behavior. Which customers did we focus on?

P&L 220
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The Optimist’s Telescope: Thinking Ahead in a Reckless Age

Leading Blog

At a Stanford Director’s College in 2016, Roger Dunbar, chair of the Silicon Valley Bank, told Venkataraman that “when he hears company executives or board members responding to short-term noise with outsize reactions, he likes to pretend he is lost. It helps too to look past typical metrics to see what is actually happening long-term.

Long-term 224
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3 Common Mistakes That Prevent Leaders from Building Trust

Lead Change Blog

Like some sort of relational osmosis, people figure trust just naturally develops over the course of time, and the longer you’re in relationship with someone, the greater the likelihood you’ll build a strong bond of trust. I’ve observed three common mistakes leaders make that prevent them from building trust in a consistent and proactive way.

Planning 264
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5 Steps to Build a Disruption Proof Business Model

Great Leadership By Dan

Banks, by Paypal, Venmo, and ApplePay. Because they are more focused on customer engagement than just on the initial purchase, they are forced to develop agility and flexibility are core cultural strengths. And you need leadership that has a longer time horizon so you can invest in relationships. Taxis by Uber & Lyft.

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Don’t Assume You’re Trusted – 3 False Beliefs That Get Leaders in Trouble

Leading with Trust

Like some sort of relational osmosis, people figure trust just naturally develops over the course of time, and the longer you’re in relationship with someone, the greater the likelihood you’ll build a strong bond of trust. They assume trust “just happens. Well, if you believe that, I’m sorry to burst your bubble.

Planning 110