ABA Banking Journal - July 2011 - (Page 6)

ABA ChAirmAn’s view | by steve wilson Great time to prep next leaders Succession planning is part of every CEO’s job. But there’s more to it than identifying the next occupant of the corner office. Succession is also about creating opportunities for talented individuals to develop their leadership potential. ABA can provide that opportunity at our Stonier Graduate School of Banking. Stonier has been preparing leaders since 1935, when Harold Stonier, who was then ABA’s executive vicepresident, saw the need for banker education. It was during a very challenging time for bankers, similar in some ways to what the industry is going through now. Today Stonier emphasizes strategic planning, financial management, and leadership. It has aligned itself with the Wharton School at the University of Pennsylvania in Philadelphia, where Stonier is housed and classes are held. That gives Stonier students direct access to Wharton’s faculty and their leading-edge research, knowledge, and thought leadership. Most Stonier students are already among their bank’s elite and hold the title of vice-president or senior vice-president. One in five is an EVP, chairman, or CEO. Courses are held in three oneweek sessions over a three-year period, plus extension work in between. Coursework is comprehensive. And there’s a Capstone Project in which students apply what they learned at Stonier to their own organization. Stonier students focus on strategy, planning, marketing, and performance measurement. They learn what drives success and the importance of leadership planning. They study ways to enhance shareholder value and improve risk management. And they acquire the skills needed to inspire, motivate, and create a vision as they gain an understanding of ethical leadership and how to drive organizational change. Michael Lewis, vice-president of Home Savings Bank, a $143 million institution in Kent, Ohio, graduated from Stonier last year. He was motivated to attend because of the “information and contacts” it offered and because “attending the school would be invaluable for my continued success with the bank,” he says. Stonier exposed Lewis to other bankers and their experiences. “It is not often I get to talk to a banker from Azerbaijan and Armenia on micro lending,” he says. The program will make him a better banker, he explained, because “any opportunity you can take to learn will broaden your knowledge of the industry,” and that becomes an advantage to everyone involved. Stakeholders are demanding a higher level of leadership from bankers and ABA is providing the educational and training opportunities that bankers need. At Stonier, the new session for this year is already underway with 219 first year students, a big jump over 134 first-year students last year. It’s the right time to start thinking about the opportunities that are waiting for you next year. For more information, call 1-800-BANKERS or visit www.abastonier.com. n C M Y CM MY CY “Stonier students acquire the skills needed to inspire, motivate, and create a vision as they gain an understanding of ethical leadership and how to drive organizational change” —Stephen P. Wilson, Chairman and CEO, LCNB National Bank, Lebanon, Ohio CMY K 6  |  ABA BANKING JOURNAL  |  july 2011 http://www.abastonier.com

Table of Contents for the Digital Edition of ABA Banking Journal - July 2011

ABA Banking Journal - July 2011
Contents
Chairman’s View
Editor’s Column
Bank Notes
The Economy
Inside family banks
Pass the Aspirin
Tech Topics
New gold standard?
Still on their guard
Compliance Clinic
Compliance Inbox
ABA Resources
First Person: Special Edition

ABA Banking Journal - July 2011

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