Business

Money Talking: The Best Way To Plan A Productive Bankers Conference

Published

5 months ago

January 11, 2023

Planning a banker’s conference can be a daunting process, but it doesn’t have to be. With careful planning, you can make sure that your conference runs smoothly and that all of your guests have an enjoyable experience.

From selecting a venue to organizing accommodations and meals, there are a number of things that must be taken into consideration. By paying attention to detail, you can create an event that will be remembered for years to come. From the initial planning stages to the execution of the event, this guide will help you plan a banker’s conference that will be a success.

Let’s take a look at some of the things you need on your checklist.

Budget For The Conference

The first thing you need to do is to set aside a certain amount of money for the conference. The amount will depend on how many people are attending, how many speakers you want to invite, and how much food and beverages you want to include.

If you are organizing the conference on your own, then you will need to decide how much money you want to spend for the event. If you are going to invite speakers, you will need to decide how much money those speakers will cost. If you are inviting speakers who will be speaking on a topic that is relevant to your company, then you can choose the amount of money that they will charge for their presentations.

You may also want to consider whether or not you should use a hotel or whether you should rent rooms at a nearby hotel. You may want to look at the hotel’s rate and see if it is more reasonable than the rate of the hotel next door. You may also want to look at the number of rooms that are available and see if it is enough for everyone.

Invite the Right People

Once you have decided how much money to spend on the conference and who should be invited, then you can start planning the rest of the details of the event. One of the most important things is to invite the right people. You will want to invite people who have an influence on your team or who have an influence on your customers or your industry.

You may also want to invite people who can make your conference more productive by simply being there. This is a great way to get people talking with each other and to get them thinking about what they can do to make your company better.

Create Free Promotional Products

Next, you will want to create free promotional products for your company and its products or services. These products can include pens, stickers, bags, T-shirts, mugs, or whatever else you think would be useful. These promotional products will help your attendees remember your company by having something that they can use during the conference that reminds them of your company.

Select Food and Beverages

The next thing you will want to do is select food and beverages for your conference. You may want to purchase food from one of the companies that you work with or from a local restaurant. If you are planning on having speakers at your conference, then you may want to have food catering at your conference instead. Food catering can range from simple snacks like bagels or muffins to meals such as pizza or pasta. If your company has a cafeteria or kitchen facility available, then you may want to consider having food there instead of outside food vendors or caterers. You may also want to consider having local vendors provide drinks like water or soda instead of having a vendor bring drinks in.

Encourage Attendees To Post On Social Media

You will also want to encourage attendees to post on social media about their experience at your conference. You can do this by having them take photos of themselves at your conference using their cell phone or tablet. Then you can post these photos on social media channels such as Facebook and Twitter so that others can see them. They can also post about their experience at your conference during the event itself so that others can see them too. This helps attendees feel more connected with the company they work for and helps them remember what they saw at the conference long after they leave the conference venue.

Now that you have learned how to plan a productive bankers’ conference, you are well on your way to having a successful event. By following these tips, you will be able to create a conference that is informative, entertaining, and most importantly, productive.

Business

The Ultimate Guide to the Essential Social Skills in Business

Published

3 hours ago

May 30, 2023

Matthew Wiles

Effective communication and strong relationships are essential for success in the workplace. One factor that can greatly influence these qualities is emotional intelligence, often abbreviated as EQ. EQ refers to the ability to identify, understand, and manage one’s own emotions, as well as the emotions of others. Research has shown that individuals with high levels of EQ are better equipped to handle stress, communicate effectively, and work collaboratively with others (Chamorro-Premuzic & Sanger, 2016).

Research has consistently shown that emotional intelligence (EQ) is an important predictor of job performance and success in the workplace. EQ is comprised of a set of skills that allow individuals to recognize, understand, and regulate their own emotions, as well as the emotions of others. In addition, individuals with high EQ are better able to communicate effectively, build relationships, and navigate complex social situations. As a result, they are often viewed as effective leaders and collaborators, and are more likely to achieve their personal and professional goals.

In fact, a number of studies have demonstrated the significant impact that EQ has on job performance and success. For example, one study of 85 upper-level managers found that those with higher EQ scores were rated as more effective leaders by their subordinates (Law, Wong, & Song, 2004). Another study of 151 employees found that those with higher EQ were more likely to be promoted within their organization over a five-year period (Carmeli, Brueller, & Dutton, 2009). These findings highlight the importance of EQ in the workplace and suggest that developing these skills can lead to significant benefits for both individuals and organizations.

According to a study conducted by TalentSmart, a leading provider of EQ assessments, EQ is responsible for 58% of success in all job types (Bradberry & Greaves, 2009). In contrast, IQ only accounts for about 4% of success in the workplace. This suggests that EQ is a crucial skill set for individuals in any professional field. Fortunately, EQ is a skill that can be developed and honed over time with practice and awareness.

There are several key components of EQ that are particularly important for success in the workplace. These include:

Self-Regulation: This refers to your capacity to recognize and control your emotions. Sometimes treating them when they arise may be necessary. Understanding how to manage your anger is essential. However, it can also cover how to control the feelings you’ll experience.

Self-Awareness: This implies recognizing and understanding your own feelings. Do noisy places make you nervous? Do other people talking over you make you angry? Knowing these truths about yourself shows that you are working on your self-awareness. Being conscious of yourself is necessary for this phase, which can be more complex than it sounds.

Socialization: This category focuses on your capacity to manage social interactions and direct relationships. It doesn’t entail dominating others but knowing how to work with others to achieve your goals. This could entail presenting your ideas to coworkers, leading a team, or resolving a personal disagreement.

Motivation: Strong motivators include external forces like money, status, or suffering. Internal motivation, however, plays a significant role in Goleman’s concept. By doing so, you demonstrate your ability to control your cause and initiate or continue initiatives of your own volition rather than in response to external demands.

Empathy: It’s equally critical to be sensitive to others’ feelings. This may entail learning to identify different emotional states in individuals — for example, can you tell the difference between someone at ease and someone anxious? — but it also requires comprehension of how other people may react to their current situation. Empathy is one of the essential traits in business and business leadership.

A thought leader in this space, Michael Ventura has built a career advising organizations on the importance of emotional intelligence in the workplace. In his book, Applied Empathy, Ventura highlights the value of empathy in business and provides strategies for developing and applying this skill set. With two decades of experience as a leader, facilitator, and educator, Ventura’s work has made impact in with prestigious institutions such as Princeton University and the United Nations as well as corporate clients such as Google and Nike.

Through his work, Ventura advises leaders to focus on the development of EQ in order to help individuals improve their communication, collaboration, and leadership skills, ultimately leading to greater success in the workplace. Experts like Ventura continue to support the growing body of research on the value of EQ in business, and the evidence that organizations who invest in the EQ of their teams help to create a more empathetic and successful professional environment.

And it’s worth noting that EQ isn’t just important for individual success in the workplace, but also for overall organizational success. A study by the Center for Creative Leadership found that EQ was a better predictor of success than IQ or technical skills in the workplace, and that teams with higher levels of EQ tend to be more effective and productive (Boyatzis, Goleman, & Rhee, 1999). By cultivating a culture of empathy and emotional intelligence, organizations can improve their overall performance and create a more positive work environment for their employees.

In conclusion, emotional intelligence is a crucial component of success in the workplace, and individuals and organizations alike should prioritize the development of these skills. The ones that do not only develop a leading edge in their category, but also become a meaningful place to work for their teams. And in today’s rapidly changing talent landscape, the retention of highly capable, emotionally intelligent leaders is one of the greatest keys to unlocking success.

References:

Boyatzis, R. E., Goleman, D., & Rhee, K. S. (1999). Clustering competence in emotional intelligence: Insights from the emotional competence inventory (ECI). In R. Bar-On & J. D. A. Parker (Eds.), Handbook of emotional intelligence (pp. 343-362). Jossey-Bass.

Bradberry, T., & Greaves, J. (2009). Emotional intelligence 2.0. TalentSmart.

Chamorro-Premuzic, T., & Sanger, M. N. (2016). Does employee happiness matter? Journal of Organizational Effectiveness: People and Performance, 3(2), 168-191.