What is the Banking Bill S.2155?
In the Banking industry, change is inevitable. In fact, the Senate has recently passed S.2155 which...
Patience is a key attribute to any successful leader. That’s why in today’s post, I’m going to share with you the benefits banking leaders can get from developing patience and how they can develop it effectively.
More specifically, we’ll go into depth on each of the following:
Let’s get started.
One of life’s lessons that I learned years ago from my father was to bring the attribute of patience to every job or assigned task in which I participated. He taught me to plan each step of an assigned project and to be prepared to improvise when needed. Above all, he taught me to be patient with myself and accepting of those working with me and to recognize the things that were beyond my power to change.
So how does the principle of patience help a bank president, branch manager, or teller supervisor succeed in their various responsibilities? Our society expects those in charge to take action quickly and decisively. True leaders, however, recognize that patience enables them to take stock of the situation, to understand what is required, and wait while they build the capacity to take appropriate and effective action. Patience requires composure and character. Patience, like all great virtues, requires consistency, perseverance, and the ability to recognize needed change within ourselves.
Many day-to-day operational responsibilities associated with leadership in our banking industry require patience (such as strategic planning, people development, and program management). For example, strategic plans for offering new lending products or investment opportunities typically involve several points of action to ensure a profitable yet manageable solution for both a bank and their customers. It’s easy for a lender or investment officer to see the desired end and want to jump ahead without exercising the patience needed to succeed. But by addressing each component that makes up the features of the new offering, the results will be a rewarding experience for the customer and added revenue for the bank.
While patience is an essential attribute for all employees, it also demands a greater level of utilization and skillful handling that is more often associated with management. As banking managers, our ability to lead patiently requires us to proactively manage the situations in which we find ourselves and individuals we direct. Below are some specific reasons and tips that’ll help you lead with patience.
Why spend time and effort developing patience? Here are a few of the many benefits:
Patience is a leadership principle, and those who want to improve their leadership skills will make it a point of focus. Patience is personal and is a great teacher. Patience is a great achievement and great power, and can be manifested in the very way you greet a valued customer or encourage a promising employee.
As I continue to embrace lessons learned from my father, I do so with confidence that things will always work out as long as I am patient with the process and those around me.
About the Author: Shirley Jameson has been working as a product manager at FPS GOLD for 30 years. With her years of experience, Shirley knows what clients are looking for in a great system. With her attention to detail and high standards of work, Shirley ensures that the products and projects she manages meet our clients expectations and deadlines. firstname.lastname@example.org