Financial Services Leadership Study Seeks to Facilitate the Development of Those Who Will Steer the Industry's Future
A newly-launched independent study focuses for the first time on defining critical financial services leadership characteristics. Jim Dillahunty, a financial services executive with Fixed Income Securities, LP, has established the Financial Services Leadership Study as part of the requirements for his doctoral degree and is now appealing to industry leaders to contribute their input to the study. The Leadership Study will provide insights and guidance for those charged with hiring the next generation of financial services industry leaders.
San Diego, CA (PRWEB) October 4, 2005 -- A newly-launched independent study focuses for the first time on defining critical financial services leadership characteristics. Jim Dillahunty, a financial services executive with Fixed Income Securities, LP, has established the Financial Services Leadership Study as part of the requirements for his doctoral degree and is now appealing to industry leaders to contribute their input to the study. I believe that this ground-breaking study can make a meaningful contribution to the future of the industry," said Dillahunty. It will identify the characteristics that differentiate those financial services industry leaders who not only survived, but thrived during the changes that have reshaped the industry since the dawn of the new millennium." The Leadership Study will provide insights and guidance for those charged with hiring the next generation of financial services industry leaders.
The financial services industry is entering a critical period that will require strong, innovative leadership. Financial service firms are facing a number of leadership challenges," says Dillahunty. As the baby boomers transition into retirement," he continues, the demand for wealth preservation, management and transfer services will continue to increase dramatically. In addition; there is a critical need to restore investor confidence, which has been seriously compromised." Dillahunty indicated that less than 30% of investors have favorable views of the honesty and integrity of the financial services industry. If the financial services industry is to successfully transform itself to serve the needs of the twenty-first century, we must begin now to identify, recruit, develop and promote the next generation of effective leaders who can shape their organizations to respond to a changing marketplace."
Many firms in the financial services industry survived because their leaders had the skills to adapt to a changing environment," said Dillahunty. We are now asking these leaders to contribute to the future of the industry to participate in an evaluation that will enable us to develop quantitative tools for identifying and training their successors. By defining the characteristics of executive leaders who survived the tumultuous years 2000-2004, we can identify the cornerstones of leadership needed in 21st century financial firms."
Executives and managers of NASD and NYSE member firms can participate in the study. Qualified participants can register for the 30 minute survey at www.leadershipstudy.org. Responses will be collated by a national testing organization and will be confidential and used in aggregate form only. All participants will receive a free summary of the leadership insights uncovered by the study.
Fixed Income Securities, LP (www.fisbonds.com) is the lead sponsor of the study. The National Association of Independent Broker Dealers (NAIBD, www.naibd.com), which serves the broker-dealer community with information, education and regulatory support, is also a sponsor.
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