Home Posts tagged leadership
Opinion

Opinion

By Brooke Thomson

 

Companies from Facebook to Walmart to Google have begun to mandate that their employees get vaccinated to protect against COVID-19. Restaurants throughout the state have also started to require that guests provide proof of vaccination before eating indoors.

As the Delta variant causes COVID-19 infections to increase throughout the country, there is increased pressure on businesses and employers to protect their employees and customers.

Businesses have an important role to play in addressing the health and economic impacts of this crisis. Our businesses have stepped up in amazing ways in the name of public health during the past 18 months. They have enforced masking requirements, shifted to remote and online commerce, closed down to the public, and been on the front lines of the pandemic.

Now, they are again being asked to take responsibility to stop the spread.

But should businesses alone be in charge of leading on public-health emergencies? While federal, state, and local governments took difficult and important steps to protect public health during the pandemic, government leaders now appear to have taken a back seat, relying instead on the private sector to solve public challenges.

A core duty and primary function of any government is to protect the public’s health and safety. The pandemic highlights the need for governments to take their duties seriously. Our elected officials should provide leadership driven by science and evidence, not partisan politics.

State leaders have an opportunity right now to demonstrate this leadership by adopting statewide mask requirements, limiting gatherings in dangerous situations, and providing guidance for businesses to operate safely. Businesses should be focused on their employees and their customers and take their direction on public health and safety from the officials we elect to guide us.

Leaving public-health decisions to private businesses is not the right answer. It is the duty of state and local governments to protect our health. We need leadership on the pandemic to support our businesses and employers.

 

Brooke Thomson is executive vice president of Government Affairs at Associated Industries of Massachusetts.

Special Coverage Women in Businesss

Learning to Take Charge

By Mark Morris

Only one-third of all businesses in Western Mass. are owned by women, according to a recent survey. In the healthcare sector, one of the largest employers in the region, leadership positions are held by women 41% of the time — with outliers like one hospital where it’s only 16%.

These findings are from a 2019 study commissioned by the Women’s Fund of Western Massachusetts titled “Status of Women and Girls in Western Massachusetts.”

To address disparities like the ones in the survey, the Women’s Fund and Holyoke Community College (HCC) have teamed up on an eight-week training program this spring for women who want to enhance their leadership skills.

Titled “Women Leaning into Leadership: Empowering Your Voice,” the course begins March 25 and runs through May 13.

According to Michele Cabral, executive director of Professional Education and Corporate Learning at HCC, the idea for the course grew out of the Women’s Leadership Luncheon Series, hosted by the college.

Until COVID-19 forced it into a virtual meeting, the college hosted the luncheon every month for the past five years. With attendance limited to 28 attendees, four women leaders would each select a topic relevant to women and leadership, then break out the attendees into four groups to discuss their particular subject. The next month, the groups would rotate so they could discuss a different topic with a different leader. Areas of discussion have included dealing with different leadership styles, the role of communication, and conflict management when you’re the only woman in the room.

When COVID hit, Cabral said they pivoted to a remote video lunch and changed the format to having one person lead the discussion and opening it to anyone who wants to join via video. A recent conversation covered how to deal with changes brought on by the pandemic. Because some women wanted to discuss some of the topics in more depth, Cabral said, developing a course was a logical next step.

Michele Cabral

Michele Cabral

“These women want to get to know themselves better, to identify what skills they need to focus on and promote their strengths. They were looking for a more structured program to help guide them through that process.”

“These women want to get to know themselves better, to identify what skills they need to focus on and promote their strengths,” she explained. “They were looking for a more structured program to help guide them through that process.”

A few years back, Monica Borgatti attended the Women’s Leadership Luncheons at HCC. As chief operating officer for the Women’s Fund of Western Massachusetts, she especially liked the cohort-style of learning (a collaborative approach in which individuals advance together in an education program) that took place at the events.

“The cohort model works well in this type of learning situation because people start to feel comfortable with each other, and they are more willing to be vulnerable as they share and learn together,” she said.

The luncheon reminded her of a program the Women’s Fund used to run known as the Leadership Institute for Political and Public Impact (LIPPI). While it had some success, Borgatti and her colleagues thought the program suffered from trying to be all things to all women and fell short in that effort. After compiling feedback from women who had gone through LIPPI, the Women’s Fund put the program on hold.

“LIPPI grads gave the program its highest marks in the cohort learning approach,” she recalled. The graduates also cited networking opportunities and making connections as solid benefits from the program.

After wrapping up LIPPI, Borgatti explained, the Women’s Fund’s emphasis shifted from creating and running programs to identifying leadership programs it could adapt for this area, as well as support for existing programs.

“When I learned HCC was developing a more in-depth leadership program, I thought it was worth exploring to see if there might be a partnership opportunity for the Women’s Fund,” she said.

 

Engaged in Equity

The course is targeted to women in mid-career, especially those who are emerging as leaders in their careers and the community. As part of its partnership, the Women’s Fund is offering sponsorships of up to $650 to defray the $799 tuition cost.

“The Women’s Fund is contributing in such a meaningful way. With their sponsorships, HCC is able to bring this program to people who would not have access otherwise,” Cabral said, adding that many employers do not reimburse the cost of training, so these sponsorships make the course more accessible for women who struggle to pay for self-development.

“HCC provides the education, the Women’s Fund provides the sponsorship, and together, we bring our common mission out to the community,” she noted.

Borgatti said taking part in the course was an easy call because it allows her organization to reach women who are seeking personal and professional development. “We want to see more women in leadership positions across our region, so we’re proud to partner with HCC to help more women become effective leaders.”

While the goals of the Women’s Fund address gender equity and gender justice, Borgatti also made it clear that her organization also strives to improve racial equity and racial justice.

“We know that women are not in leadership roles as much as men, and there are even fewer women of color in leadership positions,” she said, noting that the HCC course is one way to support the current and future leaders of color in the community.

“HCC provides the education, the Women’s Fund provides the sponsorship, and together, we bring our common mission out to the community.”

Borgatti added that her organization became involved to make sure affordability would not prevent anyone from taking the course. “We want to encourage more women of color in programs like this, and we want to make sure it’s financially accessible for all women.”

Cabral noted several highlights of the course, such as assessing communication styles and techniques, as well as working with each woman to develop a professional roadmap to help her reach her potential. Each program participant will also receive 30 minutes of private, one-on-one coaching from Annie Shibata, owner of Growth Mindset Leadership and Communication Coaching in Cincinnati, who will coach each student via video link.

“Incorporating one-on-one coaching elevates the course to a higher level of really personalizing the experience for each individual,” Cabral said.

One of the main reasons the Women’s Fund got involved was to encourage more representation of women in leadership. Borgatti hopes women who take the course emerge more confident in their skills and abilities to step into all sorts of leadership roles.

“We want to see more women CEOs, more women chiefs of police, more women judges,” she said. “Unless we support women being able to access these opportunities, we’re not going to see real change.”

At the end of the day, Cabral said, she and Borgatti share a common mission: to elevate the skills of women who are willing to put in the work. “We want to make sure those skills are here in Western Mass., and they stay in Western Mass.”

Banking and Financial Services Special Coverage

They’re Still Goal-oriented

Dan Moriarty, left, and Mike Rouette.

Dan Moriarty, left, and Mike Rouette.

Michael Rouette says he keeps a copy of the 36-year-old news story in his office. He’ll take it out and read it on occasion, and will proudly show it others, usually without much prompting.

“Moriarty-Rouette Team Buys Ticket to Finals” is the headline over that item in the Palmer Journal Register from November 1984, which goes on to note how goals by Rouette, then a junior, and Dan Moriarty, a freshman, along with a “tenacious defense,” propelled the Monson High School soccer team to a 2-1 win over Monument Mountain, giving the Mustangs, as that headline noted, a ticket to the regional finals in Chicopee a few days later.

Today, the Moriarty-Rouette team is still focused on goals, but now as president and executive vice president and chief operating officer (a new position), respectively, at Monson Savings Bank. They are the leaders writing the next chapter in the bank’s history after the retirement of long-term president Steve Lowell.

As the two talked with BusinessWest earlier this month, just weeks before Moriarty was to add the title CEO to his business card (Lowell is still acting in that capacity until mid-February), they talked often about their time on various fields together — they were both three-sport stars — and made frequent use of sports terms and phrases.

Indeed, when talking about the transition in leadership at the top and work to make it seamless, Moriarty said he will try to act as a good referee would — “you don’t know he’s on the field during the game.” And the two of them made early and very frequent references to the importance of teamwork at this (and any) institution.

Meanwhile, when it comes to the pandemic and this transition in leadership, both said there is no playbook for a such a challenging passing of the baton, so they will essentially write their own.

“We’re driven, we’re motivated, but we’re humble enough to know that teamwork gets you further than individual performance.”

“As far as meeting with customers and being out in the community more, Mike and I haven’t had the opportunity to really do that, for safety reasons,” Moriarty said. “And that makes things more difficult, but we’re adjusting and preparing for that day when this is over.”

As for that article, both men say it conveys more than coincidence that two high-school soccer teammates, now in their 50s, are leading the bank headquartered in the town where they grew up. Much more. They say it conveys other ‘C’ words, including commitment to the community and continuity.

“That article reminds me of who we are and where we’re from, and not to ever forget that,” Rouette said. “But it also speaks to how we’ve grown as individuals, as friends, as co-workers, as partners, and as leaders. That article symbolizes how our lives have changed but really haven’t changed, and how success can be built on people who have the same vision, the same mindset, and the same family values.”

Moriarty concurred. “We’ve known each other for so long, but the values are the same, even though we’re a long way from the soccer field. “We’re driven, we’re motivated, but we’re humble enough to know that teamwork gets you further than individual performance; we try to bring that culture to the bank and to our employees, and we try to lead by example. But we also understand that each individual in the bank is a contributor, and we want them to be part of the team and the success of the bank. We did that before we became leaders of the bank, and we’re just going to continue that and build on that culture of teamwork.”

The two take on their new roles at an intriguing time for the bank — and all banks. The pandemic has created both challenges and opportunities — certainly more of the former than the latter, and made some aspects of being a bank leader more difficult. Meanwhile, there is immense competition in a region described by most in the industry as ‘overbanked.’

Monson Savings’ newest branch, on North Main Street in East Longmeadow

Monson Savings’ newest branch, on North Main Street in East Longmeadow, was opened at the height of the pandemic last year, but it is nonetheless off to a solid start.

Both Moriarity and Rouette said that Monson Savings, now with more than $508 million in assets, has been on a steady growth trajectory and they are committed to moving the bank toward further expansion, geographically and otherwise.

 

They’re on the Ball

As noted earlier, Moriarty and Rouette were both three-sport athletes. While most noted for their exploits on their soccer field — both would go to play in college; Moriarty at Providence College and Rouette at Old Dominion — they were also teammates in baseball and basketball.

And as they recalled those days, they often leaned on some self-deprecating humor to make their points.

Indeed, when discussing their time as starting guards (and captains) on the hardwood, they made it clear they were not exactly go-to options when the Mustangs were looking for points.

“I was the point guard, and I couldn’t shoot,” said Moriarty, as he looked at Rouette, who nodded energetically, but said his front-court mate was ultimately the better alternative.

“I was pretty fast … I could steal the ball, but I could only dribble left-handed,” Rouette recalled. “I would have a breakaway, and our coach, Bill Devine, would essentially tell me to stop, hand the ball to Moriarty, and let him shoot it, because it would be like throwing a brick against the backboard when I let it go. I couldn’t put the ball in the ocean.”

Despite those references, the two were much-heralded for their exploits on various fields, and for their work together, even if it was only for two years.

Indeed, while Moriarty continued to make headlines at Monson High in the mid-’80s, Rouette was playing soccer at Old Dominion, majoring in Economics, and, when home from school in the summer and winter, working as a teller at Monson Savings Bank. During those short stints, he impressed those at the bank enough to get a job offer of sorts — specifically an invitation to become part of the lending team when he graduated.

“When I was a junior at Old Dominion, I already knew where I was heading,” he said, adding that he did join the bank and has been there ever since.

Moriarty, who would take a far more circuitous route to his hometown bank, has memories of seeing Rouette heading for a work in a suit while he was toiling for the town’s Highway Department while he was home from college for the summer. “It’s 95 degrees out, Michael’s going to work in a tie, and I’m thinking, ‘I want to work in air conditioning.’”

He would, first at Coopers & Lybrand in Hartford, and later at Aetna, HealthSouth, and then Unicare.

“But the attraction to Monson Savings was always in the back of my mind,” he recalled, adding that, during some conversations with Rouette, he brought up the possibility of joining the bank, and eventually did so in 1998 as an accounting manager.

The two have risen in the ranks over the years, with Rouette rising to senior vice president and chief lending officer, and Moriarty eventually climbing to senior vice president and chief financial officer in 2011.

When Lowell announced his intentions to retire not quite a year ago, both men sought to succeed him as president and CEO. Those titles would eventually go to Moriarty, but the two essentially form a new leadership team, one that brings complementary strengths and shared values.

Moriarty noted that, through his career at the bank, he’s been focused on the finance side of the equation, while Rouette has concentrated on lending and customer relationships, and, in his new role, will add retail to his list of responsibilities.

“Mike is very customer-focused, while I have somewhat different responsibilities — strategy, human resources, finance, marketing, compliance, and technology,” said Moriarty. “I think the bank is positioned to use our strengths in a proper way.”

 

Net Results

All this prompts more flashbacks, and the inevitable analogies, to 1984 and that soccer semifinal against Monument Mountain, where Moriarty notched the first goal of the game, and Rouette, then the all-time scoring leader for the Mustangs, recorded the game clincher.

As for the finals game … that did not go as well — a loss to an undefeated Wahconah team that still stings three and half decades later. (Moriarty wasn’t able to play in that contest due to a broken ankle he suffered in the semifinal.)

But while they do like to look back, Moriarty and Rouette are obviously far more focused on the present and the future.

As for the former, that means everything from coping with the many aspects of COVID-19 to growing the bank’s latest branch, on North Main Street in East Longmeadow, which opened last summer, in the middle of the pandemic.

That timing wasn’t perfect — many branch lobbies were still closed — but the new facility is off to a solid start.

“We had a good core group of customers in Longmeadow and East Longmeadow,” Moriarty said. “We transitioned them internally to the East Longmeadow branch, so we had a good start, and we’re looking to have that branch in a good position in a shorter period than you normally would in a new market.”

As for the pandemic itself, it’s been a time for the bank to play to its strengths — yes, that’s still another sports phrase — and use its focus on customer service to not only take care of (and retain) existing customers, but also gain some new ones. This has been the case on all fronts, but especially with the commercial lending portfolio and the bank’s strong track record handling applications for Paycheck Protection Plan (PPP) loans.

“We basically got out in front of it,” said Rouette as he explained the bank’s basic strategy with the PPP program and its commercial customers in general. “We knew that that they [customers] couldn’t be chasing us. We had a great team effort to reach out to all our business customers; we said, ‘we know there’s an issue, we know PPP is coming down the road, and when the spigot opens, we’ll be there for you.’ And we did it.

“People needed to hear your voice,” he went on, adding that every commercial customer was called in an effort to gauge their needs and concerns and update them on the status of their application. “And that calmed people, that they weren’t on voice mail or weren’t able to get through.”

This high level of customer service enabled the bank to handle PPP loans for non-customers, gains that both Moriarty and Rouette chalked up to word-of-mouth referrals that should have some long-term benefits for the institution as a new round of the program begins later this month.

Dan Moriarty, left, and Mike Rouette both found a common denominator

Dan Moriarty, left, and Mike Rouette both found a common denominator between their soccer squad from the ‘80s and the staff at Monson Savings — the importance of solid teamwork.

Looking back, and ahead, Moriarty said he was mentored by his two immediate predecessors, Lowell and Roland Desrochers, and he understands what has made the bank successful — especially its employees and community-bank look, feel, and operating values — and has no intention of altering the game plan.

“The vision for the bank is to continue to be the community bank that these communities need,” he told BusinessWest. “From a business side, commercial customers as well as retail customers, we want to stay competitive in our delivery systems — digital, mobile … we can have people bank with us from Monson to the Cape and into Connecticut. We want to be relevant in the communities we serve for not just today, but for years to come.

“The culture will remain the same,” he went on. “And we’re just going to leverage the talent we have inside the bank.”

Meanwhile, both men intend to continue their active involvement in the community, which mirrors the work of Lowell, Desrochers, and others that came before them. This work comes in many forms, with Moriarty devoting time and energy to several groups, including the East of the River Chamber of Commerce (he’s a board member), the Baystate Health Community Benefits Advisory Council, the Community Foundation of Western Massachusetts, the Brightside Golf Classic, and Monson High School, where he’s the assistant varsity soccer coach.

As for Rouette, he is similarly involved, but focuses most of his time on the YMCA of Greater Springfield, with which the bank has long enjoyed close ties. “Everyone has a passion, and that’s mine,” he said, adding that he’s been a long-time board member and supporter on many levels.

 

Bottom Line

Summoning still another sports analogy of sorts, Moriarty said it is customary, at least with good teams, to look ahead, not back, when a season ends.

“Because it’s January, we say, ‘last season’s over … we finished December, we did well, but now it’s 0-0, and we’ve got a new season ahead of us,’” he noted, adding that, given the many variables confronting banks — and all businesses, for that matter — it’s impossible to know how this new season will go.

What these two do know is that Monson Savings Bank will, as noted, continue to play to its strengths, honed over many years and under leaders that these two have learned from.

In short, there’s a winning formula at the bank, and their only real plans for the future are to continue using it.

 

George O’Brien can be reached at [email protected]

 

buy ivermectin for humans buy ivermectin online buy generic cialis buy cialis