Senior Exec_June 2015_TwinkiesDCG is dedicated to providing its clients with timely and comprehensive information and assistance regarding complex business issues facing today’s financial services industry. The Senior Executive, developed specifically for executive decision makers, delivers thought provoking and leading edge concepts in an easy-to-read format. Available exclusively through DCG, this newsletter is published and distributed throughout the year.

move_the_needle Move The Needle…Like many of our clients, if you are entering 2016 after an other than planned sales year in
2015, or perhaps, you just want to improve, it is important to launch incentive initiatives for distribution and/or customers by mid-second quarter.
Twinkie, Twinkie, you’re a star…If you haven’t read the cover article of Forbes in the April, 2015 issue, “Twinkies MiracleComeback,” it’s absolutely a must read for us serious business types!
SE_9-2014 This Pope Means Business & The Most Wanted Man in the World
This issue of DCG’s Senior Executive will bring to your attention two major articles you should review.
 ponzi The Whole Economy Is Rife with Ponzi SchemesIf you are involved in any way in financial services or financial products, Scientific America’s presentation on the Ponzi Economy is an exceptional read, especially how the author covers malignant financial products and naturally occurring Ponzi schemes.


The Corporate Innovator’s Black Hole

Here are some recent news articles that we found of interest, which range from Innovation, Einstein, the Internet, and the Universe.


Consider these…

Here are some recent news articles that we found of interest, which range from robots, to longevity, to Putin.


On a Lighter Note…

This month, let’s start with “LaMaison Blanche,” the ultimate political sexual satire.


Our Last Contemplations…

Alright already, boys and girls, it’s now time to cease contemplation over 2013. Personally, we have stopped listening to all Gregorian chant music and have moved on to Bobby McFerrin.


You Say What?!?!

Let me shock you with two articles that are absolutely must reads!

 A Crisis of Confidence

Crisis in Confidence Fall 2008

In times like these, the age old quote “success is when preparation meets opportunity” tests us all in financial services.

 The Senior Executive - Fall 2006_Page_1

Changing Demographics in America

According to the U.S. Census Bureau, the population of the U.S. reached 300 million in October of 2006. This is a significant milestone for our country, but the underlying trends behind this number are far more interesting.

 The perfect christmas pagent

The Perfect Christmas Pageant

Mr. DeHayes was privileged to be in the congregation of the Fifth Avenue Presbyterian Church in New York when Dr. Thomas Tewell, Senior Pastor, delivered a sermon on The Perfect Christmas Pageant. The sermon struck him as containing a message for everyone, especially for executives of companies facing the challenge of accelerating change. Here is a condensed version of Dr. Tewell’s story for your enjoyment.


Finessing New Business Through Database Marketing

Stories about companies that do not treat an existing customer as someone they know and value could fill volumes. They also speak of how well companies have to demonstrate that they care about good customers.


The Disciplined Sales Force

High performance companies often have common attributes that explain the reasons for their accomplishments. As an example, four very different, but successful, sales organizations have particular characteristics that suggest a startling model for effective sales management.


Seven Ways to Improve Insurance Results

Banks experience mixed results in selling insurance:

  • Programs can launch late and awkwardly.
  • Carriers seem inflexible and unresponsive.
  • Products are not as good as others available in the banks’ markets.
  • Customers aren’t responding to the products as projected, and sales targets are missed.

For the sales that are generated, profitability seems elusive.


Banks Are Selling Their Customers Unsuitable Investment and Insurance Products

In 1994, an insurance carrier that specializes in annuity sales surveyed recent purchasers of its annuity products. Among questions on the survey was one that asked when customers planned to use the invested funds. More than half the customers expected to pass the funds to their heirs. Simply stated, these customers bought products that were unsuitable for their perceived needs.


Confessions of a Heavy Thinker

It started out innocently enough. I began to think at parties occasionally to loosen up, but one thought led to another and soon I was more than just a social thinker. I began to think alone (to relax, I told myself ), but I knew it wasn’t true. Thinking became more and more important to me and finally I was thinking all the time. I even began to think on the job.


Rethinking Financial Services Diversification for a New Century

For several decades, diversification was the prevailing strategic theme among major corporations in the financial services field. The notion of becoming a financial supermarket seemed to have considerable appeal for corporate executives and the investing public.


Alternatives to Business Suicide

The array of challenges confronting life insurers today is truly daunting. The perennial problem of recruiting and retaining high-quality agents and providing competitive products on a profitable basis has been exacerbated by recent developments.


Health Care Trends: Strategic Moves for a Successful Game Plan

The rapid changes in the health care industry require a vision for the future and a commitment from payers and providers to stay informed and flexible.

 why some change programs work and others fizzle_page_1

Why Some Change Programs Work and Others Fizzle

Veterans in the insurance and banking industries may remember when they were viewed as being in the most stable and stodgy of businesses. Today that image is becoming a distant memory.


Increasing the Odds for a Successful Merger & Acquisition Strategy

The process of blending two distinct companies challenges even the most progressive of companies, yet it can be a gratifying means to accelerate growth and success.

 Unlocking Imprisioned Assets_Page_1

Unlocking Imprisoned Assets With a Restructuring Joint Venture

A growing number of CEOs are actively developing and implementing strategies to reposition their organization for the new realities facing financial services industry.


Evolution, Earthquakes, Hurricanes, and Mirages

While the best possible foresight can not realistically predict every development in an industry’s future, it is critical for executives who must manage in a rapidly changing