Читать книгу Selling With Noble Purpose - McLeod Lisa Earle, Lisa Earle McLeod - Страница 27
Atlantic Capital Bank: From Transactional Banking to Fueling Prosperity
ОглавлениеAtlantic Capital Bank (ACB) is an Atlanta‐based commercial bank founded in 2007 with approximately $3 billion in assets. CEO Doug Williams and his team founded ACB to create an exceptional bank. In an industry mired in negative press, they wanted to establish themselves as honest bankers who truly care about customers. Yet after a decade of solid growth, they found themselves becoming just like other banks.
In the day‐to‐day drumbeat of the financial industry, it's challenging to keep the focus on client impact. With pressure to hit financial metrics, the numbers can often become the only story anyone talks about. But Williams knew a numbers‐only story is a recipe for a transactional relationship with clients and becoming a commoditized brand. He wanted to differentiate.
When we interviewed teammates, managers, customers, and the executive team to uncover ACB's points of competitive differentiation, we discovered that others shared Williams' sentiment. Working with the executive team, we crafted ACB's Noble Purpose: We fuel prosperity.
In an industry where other banks talk about building personal wealth, ACB chose prosperity because they wanted to communicate a shared commitment to a more holistic ideal.
The executive leadership team got specific about how their purpose drives strategy. We created purpose maps articulating ACB's Noble Purpose, target customers, points of differentiation, and leading indicators of success. For every employee, the story was clear: we are the team who fuels prosperity.
The activation plan included personal messages from Williams, leadership coaching, and integrating ACB's Noble Purpose into recruiting, hiring, onboarding, marketing, and sales behavior. A critical element of the rollout was training the sales team and the sales managers. Instead of the traditional product‐focused approach, the team learned how to connect with clients in a deeper, more meaningful way. ACB cofounder and Executive VP Kurt Shreiner says, “We changed the way our people think. You focus on the client and helping them achieve their dreams, versus I'm going to sell another product. Our internal and external conversations are entirely different.”
In a matter of months, the culture shifted. The team became more engaged. Fueling prosperity was at the core of customer conversations, decision‐making, and daily operations.
A year after launching their Noble Purpose initiative, ACB's year‐over‐year continued operations before-tax income increased by 81%. Williams and his team say there's a new energy in the air. Clarity about ACB's purpose enabled the executive team to make a smart divesture without belaboring the process. Backstage teams are more customer‐oriented, and bankers are proactively pursuing new clients.
Atlantic Capital Bank
We fuel prosperity
81% increase in continued operations income
Voted Best Place to Work
In 2019 ACB was voted a Best Place to Work in Atlanta, based on anonymous employee surveys. They were also chosen as one of the Best Banks in America by American Banker Magazine. As mentioned earlier, Williams was featured on the cover of American Banker with a story describing his team's dramatic transformation.