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l e a d i n g

a d v o c a t e

f o r

t h e

b a n k i n g

i n d u s t r y

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8

involves the proper alignment of “cause” of cash shortfall with

“repayment source.”

The second break-out session was a presentation by Ancin

Cooley, Synergy Bank Consulting. Ancin explained how to

identify and implement process improvement strategies amidst

a changing regulatory environment through the “5 Bad Habits

of Good Bankers.” Mr. Cooley pointed out that, like everyone,

even the best bankers can have bad habits. By breaking these

habits, banks and their employees can be more successful.

Mr. Cooley’s “bad habit” list included managing from exam

to exam; ignoring the middle management; operating under a

constant fire drill because of a lack of planning; ignoring the

“elephant in the room”; and avoiding succession planning.

He concluded by providing a sixth bad habit that is often

ignored by bankers: not having project management skills.

This year’s closing speaker, Jay Lehr, Ph.D., Science Director

at the Heartland Institute in Chicago, reported to the group

that he has studied every aspect of the U.S. economy for the

past year and has concluded that we are assured of a healthy

upward climb for at least a decade. He expects the driver

of this improvement to be our tremendous advantage in the

cost and availability of energy, which he believes will bring

millions of jobs back to the U.S. and will result in major

foreign investment. After spending time in China he says they

have more problems than we can imagine, some as a result of

their long time one child per family policy, which is creating

an aged population. Their current birth rate of .7 is well below

the rate of 2.1 which it takes to replace population. China’s

labor force is expected to decline by 67 million in the next

15 years. The U.S. has already become the world’s largest

producer of combined oil and natural gas and new fields

continue to be discovered. U.S. manufacturing is on the rise

because of decreasing energy costs. This increase in “onshore”

manufacturing could result in a gain of 5 million jobs. Lehr

offered a refreshingly optimistic outlook and ended the 30th

annual CEO Forum on a very positive note. Next year’s event

will be held August 16 at the Broadmoor Hotel.

Newly elected KBA Chairman Kelly Mason, First National Bank in

Pratt, greets attendees.

Earl McVicker, Central National Bank and Trust Co., Hutchinson and Matt

List, BKD, Wichita, smile for the camera as they drive to the first hole for the

golf tournament.

Dave Briggs, First National Bank & Trust Co. of Larned and Mike Pritchett,

First National Bank of Hutchinson get ready for a day on the golf course.

Continued from page 7