Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

UK ready to supervise

August 27, 2025

How to get someone on the phone about your student loans

August 27, 2025

Banking leadership should burst its own bubble

August 27, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Smart SpendingSmart Spending
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
Smart SpendingSmart Spending
Home»Banking»Banking leadership should burst its own bubble
Banking

Banking leadership should burst its own bubble

August 27, 2025No Comments5 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Banking leadership should burst its own bubble
Share
Facebook Twitter LinkedIn Pinterest Email

Whether they plan on it or not, most managers will at some point find themselves in a bubble that bad news fails to penetrate. The best leaders are the ones actively trying to burst it, writes Dave Martin, of BankMechanics.

Adobe Stock

One of the best parts of speaking regularly to banker groups is watching in real time when a topic really connects. You can see people leaning in and smiling when it’s something they’ve experienced or observed themselves.

In a recent talk, I brought up what I think is one of leadership’s universal paradoxes. No matter the title — department head, team lead, president, CEO — the more successful you are, the more likely you are to face a hidden challenge: the bubble.

It’s a bubble that usually forms almost invisibly around leaders. Not by design, but by nature. The more responsibility you have, the more your days are spent with people who either report to you or have a vested interest in keeping you happy.

Over time, pieces of everyday reality stop making it to your desk or inbox.

And I’ve long suspected that many leaders’ “favorite” subordinates develop a knack for keeping bad news from reaching the boss. Sometimes that’s fine — if they can handle an issue themselves. But sometimes … not so much.

What usually gets the biggest laugh is when I tell folks, “Hey, I don’t blame you for enjoying that bubble. You earned it.”

You’ve fought through more problems, crises, difficult customers, tricky employees and industry shake-ups than you can count.

Now you get to work in a world where people smile when you walk in, laugh at your jokes, nod at your stories, and compliment almost everything you say, do, or wear.

See also  CDs or fixed annuities: Which is a better way to save for retirement?

And let’s be honest — that’s pretty nice. I don’t blame anyone for enjoying the fruits of their labor.

The truth is, however, that the real world outside the bubble is where our businesses either thrive or struggle. If we’re not, at least every now and then, rolling up our sleeves to handle a crisis, jumping in to solve a problem ourselves, or personally pitching our products and services to a potential customer, we start to lose touch.

I like to kid very senior managers that if they’ve been to more “leadership retreats” than sales calls in the past year, that bubble may be present.

Even at the branch manager level, if you haven’t stood face-to-face with a customer to answer questions or resolve a problem in a while, you may be approaching bubble territory.

It’s easier to end up there than you might think.

Now, that might seem to fly in the face of a leader’s instinct to empower their teams.

True, the role of a leader is not to make all important decisions or (heaven forbid) “micromanage” their teams.

But there is a clear difference between empowering and trusting others and becoming detached from the everyday challenges our teams deal with.

Comfort can quietly turn into disconnect.

The longer we stay inside the bubble, the easier it is to miss the signals our teams, customers and markets are sending us. And when those signals finally reach us, they’re often more urgent and more expensive to address.

“Popping the bubble” doesn’t mean abandoning trust or micromanaging. It means maintaining habits that keep you grounded in the real world.

See also  Fed to reconsider how it communicates monetary policy this fall

Be on the front lines often enough that people don’t treat your visit like breaking news.

Ask real questions — and listen, even when the answers aren’t what you wanted to hear.

Strive to have and protect a “We don’t shoot the messenger” policy that encourages honest questions and feedback from the field.

Personally handle a problem customer now and then.

Few things are more valuable to a leader than hearing honest feedback directly from the people we actually work for, especially when not everything is hunky-dory.

Join a sales call every so often. There are scant things that are more grounding than meeting a potential customer personally and explaining why they should choose you.

And if they go in another direction? That reality check (and ego check) can be just as valuable.

I often tell leaders that if it’s been a long time since a prospective customer told them “No, thanks,” they may not really be in the game anymore.

They might be watching the game. They might be coaching the game. But to stay at peak performance, it helps to actually get back in the game now and then.

Beyond the continued professional development these practices provide, there’s an equally beneficial personal branding aspect.

Teams tend to respect and trust leaders who go out of their way to remain both approachable and involved.

Teams sense when a leader steps in and steps up even when they could easily avoid it.

Leading by example is more than a nice slogan. It’s a proven strategy.

Avoiding the bubble isn’t about doing more work — it’s about making sure the work you do keeps you truly connected to your team, your customers and your business.

See also  Banking on a single cloud platform? It's time to rethink the risk

Source link

banking bubble burst leadership
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleBest Credit One credit cards
Next Article How to get someone on the phone about your student loans

Related Posts

FedNow vs. ACH: How they differ

August 27, 2025

Banks may have dodged a commercial real estate doomsday

August 27, 2025

Can $200M fund for mission-driven banks create a blueprint?

August 27, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

What is a hostile takeover?

June 6, 2025

Will Torm’s 9% Yield Be Smooth Sailing for Dividend Investors?

July 10, 2025

Here Are 4 Easy Ways On How To Cash Out A Gift Card

October 10, 2024
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

UK ready to supervise

August 27, 2025

How to get someone on the phone about your student loans

August 27, 2025

Banking leadership should burst its own bubble

August 27, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 Smartspending.ai - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.