Before we jump back to normal, the lessons of the COVID-19 pandemic present an opportunity to create something even better. Monitor sat down with leaders in communications and operations and a CFO to learn about how the biggest takeaways from their pandemic experiences are influencing their future strategies. ... read more
Monitor 100 2021
string(15) "Bill Stephenson"
string(39) "CEO and Chairman of the Executive Board"
This week, Bill Stephenson, CEO and Chairman of the Executive Board at DLL announced that he will retire from his role at the end of 2021. In an exclusive interview with Monitor, Stephenson reflects on the biggest accomplishment of his career, emphasizes the importance of the customer in every business decision and shares leadership advice.... read more
The drive toward consumption or pay-for-use models in equipment finance is well underway and to keep up, independent and bank lenders need to determine how to fit such offerings into their arsenals. Dexter Van Dango explores just how realistic such an endeavor can be. ... read more
As the equipment finance industry’s long-time leaders retire, it’s vital to have a solid succession plan in place. Paul Menzel shares five important steps involved in this process and encourages current leaders to mentor the leadership teams of tomorrow while stepping aside to provide ample opportunities for them to develop skills and learn from mistakes. ... read more
A group of this year’s Monitor NextGen Leaders share their ideas for improving the equipment finance industry. They believe that by embracing creativity over tradition and coming together to learn from each other’s digital transformation experiences, members of the equipment finance industry can create a customer-obsessed space that attracts the innovative young talent needed for the industry’s next chapter.... read more
When Paul Vecker signed up to lead Macrolease, a stable 50-year-old company that specializes in financing fitness equipment, his goal was to grow the company. But when the COVID-19 pandemic struck, he found that motivating and inspiring his team as they worked tirelessly through a crisis was just as rewarding. ... read more
The equipment finance industry is on a path of transformational change. With the industry’s founders retiring en masse and technology taking a greater role throughout every aspect of the business, it is vital to develop leaders of tomorrow who can take calculated risks, think and behave differently, communicate their vision, and guide their businesses into the industry’s next chapter. Monitor Publisher Lisa Rafter created a leadership program to do just that.... read more
Although ensuring your employees are producing at a high level is important, the standard methods of evaluating progress, namely the manager-led performance review, is going the way of the dinosaurs. Leslie Brown argues that employees need to take a more active role in the evaluation process and management must support them in doing so. ... read more
The equipment finance industry is moving from a transactional approach to an as-a-service model. This shift provides an opportunity both to deepen relationships with customers and support the circular economy.... read more