Board Oversight: Fostering Innovation

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SKU: 10082-3 Category: Tag:

Description

In today’s rapidly changing world, a successful bank’s business strategy must include responsible innovation to provide new or improved financial products, services, and processes to benefit its customers and community.  This video provides an overview of the role that bank directors play in fostering innovation in their bank in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

What You’ll Learn

After successfully completing the course, you will be able to:

    • Define a bank director’s role in fostering responsible innovation
    • Recognize that innovation and change must be in alignment with the bank’s risk tolerance
    • Describe what steps a bank director can take to provide appropriate oversight for innovation at the bank

Additional information

Audience

For members of a bank's board of directors

Length

Approximately 3 minutes

Credits

0.10 CRCM

Member Price

0.00

Non-Member Price

75.00

Course Number

ABA

Location

Online Self-Paced

Vendor

ABA

Course Code

ABA

Prerequisites

None

Day

Online

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