Digital future of banking requires new leadership model

first_imgThe banking industry is trying to respond to an increasingly turbulent business environment, where legacy leadership and existing cultures are being challenged. Not only do leaders need to articulate a vision for a future of increasing customer expectations, greater competition and advancing technology, but also provide the resources to become digital technology organizations.Some people argue that completely new leadership skills will be required to survive in the digital age. Others believe that leaders should go back to the essentials established decades ago, not letting change distract or disrupt an organization on a managerial level.A joint research project between MIT Sloan Management Review and Deloitte, found that a blend of both perspectives may be required. In other words, while core leadership skills will stay the same, digital disruption will require new skills to be added to the ‘leadership handbook’. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Convicted Rapist Harvey Weinstein Is Still NOT in Jail

first_imgConvicted sex offender, Harvey Weinstein, remains hospitalized at New York’s Bellevue Hospital after being convicted of rape in the third degree and committing a criminal sexual act in the first degree, the Guardian reported on Friday.Prior to being sent to the hospital by New York City Department of Corrections officials, Weinstein was set to be held at Rikers Island in New York until his March 11 sentencing.Weinstein was hospitalized after experiencing high blood pressure and heart palpitations, CNN reported earlier this week. His lawyer Donna Rotunno previously claimed Weinstein had “significant medical issues”—including a need to use a walker because of an unsuccessful back operation following a car accident last year, as his attorneys said in court.“He’s under the care of five doctors currently. He’s dealing with the remnants of his back operation, which was not successful. He’s in need of the walker,” the defense team said this week, adding, “He takes a list of different medicines. Judge, he’s currently receiving shots in his eyes so he does not go blind.”Weinstein will serve anywhere from 5 to 29 years in prison following the jury’s ruling this week. (Criminal sexual act in the first degree carries with it a minimum prison term of 5 years and a maximum of 25 years; rape in the third degree does not have a minimum sentence associated with a conviction, but includes a maximum prison term of four years.)On Thursday, Weinstein’s lawyer Arthur Aidala told the Hollywood Reporter that his client was focused on appealing the verdict and had provided Aidala with some guidance while at the hospital. “He was the Harvey that I know,” Aidala said of the convicted rapist. “He asked a lot of relevant questions about what’s happening, what the next steps are. He gave some directions about how to proceed. I needed some directions on how to proceed. He just was looking forward to my visit [on Friday] so we can go over things face-to-face in more detail.”After Weinstein was accused of sexual misconduct by dozens of women (claims he has long denied), his conviction was hailed as a significant legal victory for the #MeToo movement.last_img read more

Birdies take Greenfield and Edmond into final

first_img19 May 2017 Birdies take Greenfield and Edmond into final Aileen Greenfield and Fiona Edmond will meet in this afternoon’s final of the English senior women’s championship at South Staffordshire Golf Club.Both sealed their semi-final wins with 18-hole birdies, with Greenfield defeating Caroline Berry 2up and Edmond beating Lulu Housman by one hole.It means a new name will appear on the trophy. Greenfield, a senior international, has never won this trophy while Edmond, an international back in the early 1990s, is making her debut in senior golf.Greenfield’s match this morning featured high quality golf and there was never more than a hole between the players. Berry, who had three birdies on the front nine, just had the edge over the first 12 holes.But Greenfield won 13 to get all square and 14 to go one up. She held on to her lead until the last, rolling in a 10ft putt to put the result beyond doubt.In the other semi-final Housman started with a winning birdie but the match was all square after three holes. Edmond then moved ahead, winning the fourth and fifth before getting to three up on 10. Housman whittled away at the lead and pulled back to one down with four to play. However, Edmond kept her advantage and set up her closing birdie with a fine approach shot to 18.Results:Aileen Greenfield (Pyecombe, Sussex) beat Caroline Berry (Bromborough, Cheshire) 2up.Fiona Edmond (Ipswich, Suffolk) beat Lulu Housman (Wyke Ridge, Middlesex) 1up.Finals:Wendy Taylor Salver – championship flightGreenfield v EdmondAnn Howard Trophy – flight two for over-60sRosie Waller (Kendal, Cumbria) v Carol Cass (Broadstone, Dorset)Click here for live scoringCaption: Aileen Greenfield (left) and Fiona Edmond (image © Leaderboard Photography)last_img read more

Red Bank, Freehold YMCAs to Merge

first_img“The Y is very big into clinic disease prevention and there are a number of programs that, maybe, Freehold and Old Bridge offer we don’t currently offer here in Red Bank, and vice versa,” said Jennifer Dunn, who has served as the chief operations officer of the Community YMCA since February 2018, and who will now oversee the entire Monmouth County operation. “We want to serve the community as one YMCA because essentially, to our members, we’re one Y anyway. Whether it’s in Freehold or Red Bank, we’re just the Y to them. So this is our opportunity,” Goganzer said. “The timing makes sense for us because the cost of doing business continues to grow and grow,” said Laurie Goganzer following an April 18 media conference at the Red Bank branch on Maple Avenue. “It’s getting harder. And for two nonprofit organizations serving the same county to come together as one (YMCA), it’ll allow us to make a bigger impact in our community.” The report also listed suicide as the second-leading cause of death among those between the ages of 10 and 14, and third among those ages 15 to 24. “These three focus points really drive our work, and some of the key issues that really drive our work in Monmouth County are the areas of mental health and substance abuse,” Goganzer said. Combined, the association will have 11 different facilities throughout communities within and nearby Monmouth County, including health and wellness branches in Freehold, Old Bridge and Red Bank; outdoor day camps in Millstone and Wall; a community center in Freehold; counseling and social services centers in Eatontown, Matawan and the Leonardo section of Middletown; a child care center in Matawan; and administrative offices in Shrewsbury. DeAlmeida, the incoming vice president of the new board of directors, said the decision was due in part to a study of several other successful YMCA mergers around the country, which led to greater community impact and sustainability. Goganzer, who was appointed the president and CEO of both the Red Bank and Freehold entities in July 2017, said the merger will decrease the duplication of efforts at the administrative level, allowing the organization to get the most out of its combined 1,200-plus employees, approximately 650 volunteers and an annual operating budget of $25 million. “We see a large number of diverse programming that can come out of this, because our teams will now be working together, networking and sharing ideas to serve more people locally, in Red Bank and beyond,” Dunn added. With less duplication freeing up funding to be invested into community programming, and a larger staff to implement new offerings, Goganzer said the organization’s local outreach efforts will be expanded with a mission to impact issues that are most prevalent around the county, including youth development, healthy living and social responsibility initiatives. center_img Additionally, the YMCA will now be able to offer before- and after-school care services in 40 schools across Monmouth County. The Community YMCA currently provides therapeutic counseling to children in 53 schools in eastern Monmouth County and parts of Ocean County. Last week The Community YMCA announced that, effective Sept. 1, it would join forces with the Freehold-based YMCA of Western Monmouth County in an effort to increase programming and efficiencies and to solidify the financial future of both entities. Since January 2019, the two YMCAs have operated under a management services agreement in which The Community YMCA provided leadership to the YMCA of Western Monmouth County. Goganzer has served as president and CEO of both associations and Dunn as chief operating officer. The agreement will continue until the merger takes effect. “We’re seeing suicide rates increasing in Monmouth County. It’s not getting any better, it’s actually getting worse,” Goganzer said. “It stems from the opioid epidemic, as well as negative youth behaviors in our teens. At the Y, we have the capacity to serve the youth at a deeper level every day, because of where our facilities are situated, and because of the partnerships we have with community organizations and school districts. It’s about keeping kids on a positive path and our programs help do just that.” The merger was the result of nearly a year of analysis and planning by a task force of eight board members representing both YMCA branches. The merger was unanimously approved by both boards at their April 17 meetings. Members of the task force were Russ Azzarello, John Badenhop, Stacey DeAlmeida, Tim Hogan, Jennifer Lakefield, Craig McGraw, Ted Nappi and Janet Phillips. In September 2018 the New Jersey Department of Health released a report that said suicide rates around the state had significantly increased since 2000 and that every day approximately two New Jersey residents die by suicide. “This is an important milestone for The Community YMCA and YMCA of Western Monmouth County. We believe we will only be stronger together,” DeAlmeida said. RED BANK – A merger between two local YMCA branches will create the second largest YMCA association in the state, serving more than 36,000 members. last_img read more

Life rosy through Horn-Rimmed Glasses

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhicker: Clemson demonstrates that it’s tough to knock out the champ“You certainly had to be aware of it,” Jack said. “It wasn’t given a name until 1981. I started “Dynasty” in 1982. I don’t know how long it was before Ronald Reagan ever mentioned it. It was not until the very end of his presidency.” Jack, 49, is now savoring “Heroes.” “It’s been great. It started off as a one-page audition for a guest star on the pilot, and it’s become this incredible role – the best role I’ve ever had. It’s been kind of a magical-carpet ride.” And he wants to get back on the magic carpet soon: “We’ve been down for about three weeks, and I can’t wait for this writers strike to be over and go back to work.” Jennifer Love Hewitt has butt and apology Jack Coleman is one of the few actors in Hollywood who know what it’s like to have lightning strike twice when it comes to landing on a hit series. The man who has played Mr. Bennet (aka Horn-Rimmed Glasses) on the NBC series “Heroes” for the past two seasons previously had a six-year run as Steven Carrington on the classic nighttime soap “Dynasty.” I ran into Jack at the Ribbon of Hope Celebration, an awards show that honors movies and television shows that continue to raise awareness of HIV/AIDS. Even though Jack’s “Dynasty” character was one of the first openly gay characters on network television, AIDS was never a part of the show’s storyline. Got my copy of the new People magazine and on the cover is a gorgeous Jennifer Love Hewitt in the ocean wearing a bikini. She looks terrific. The photo was taken on the same day that unflattering shots taken from behind were splashed all over the Internet, resulting in snarky remarks from people shocked that the actress, whose film credits include “I Know What You Did Last Summer,” doesn’t have the figure of a Barbie doll. TMZ.com posted the picture with this mean headline: “We know what you ate this summer Love – everything!” The “Ghost Whisperer” star – in Hawaii with her fiance , Ross McCall, celebrating their recent engagement – was so ticked off at all the hoopla that, on her official Web site, she wrote, in part: “To all girls with butts, boobs, hips and a waist, put on a bikini – put it on and stay strong.” Shockingly, TMZ issued an apology! “We did go too far. … And we’re sorry.” DUI roundup OK, we know that Kiefer Sutherland started his stint in the slammer on Thursday and a jail spokesman provided the details on that first day behind bars to ET.com: “Kiefer is not happy to be here, but has accepted his responsibility and is ready to get on with his life.” Kiefer’s menu was cereal for breakfast, a turkey sandwich for lunch and chicken a la king for dinner. Yum! Meanwhile, Vivica A. Fox pleaded no contest to DUI and was sentenced to 36 months on probation. She also must pay a fine and attend Alcoholics Anonymous meetings. Then there is Gary Collins – the former talk show host, married to former Miss America Mary Ann Mobley – who also pleaded no contest to DUI this week. He was sentenced to four days in L.A. County jail, then four years on probation. He also must pay a $500 fine and perform 100 hours of community service. Because Collins, 69, had previously been convicted of DUI (in 2004) he must attend AA meetings and also participate in an 18-month second-offender drug-alcohol program. Hmmmm. Collins’ sport utility vehicle slammed into a couple of parked cars, and he still got off pretty easy compared with Kiefer. I’m just sayin…160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more