Effective leadership requires effective question-asking. Sometimes, the job of a leader can feel as if it is infinitely more answer-providing than question-driving. Despite that, the strongest leaders recognize that the questions more than the answers tend to significantly impact the achievement of those they serve. With that in mind, here are three questions that leaders should ask themselves daily. (In complete honesty, I don’t do this as often as I should.)

The rapid development of artificial intelligence has created a plethora of opportunities across the world, from aiding healthcare professionals with diagnoses to planning itineraries for vacation—or simplifying everyday tasks through automation processes.

Imagine a stretch of land where financial institutions are as elusive as an oasis in the desert—that’s a banking desert, an area devoid of bank branches.

The B2B automation market, once dominated by a few key players, is now saturated by hundreds of service providers. This makes finding the right automation vendor much more challenging.

Cybersecurity has emerged as a critical component of credit management, earning its place as the unofficial sixth ‘C’ in the traditional five Cs of credit (Character, Capacity, Capital, Conditions and Collateral). As businesses increasingly rely on digital platforms for transactions, data storage and communication, the risk of cyber threats has escalated, making it essential for credit professionals to prioritize cybersecurity in their risk assessments.

Securing a professional designation in credit management not only enhances your expertise but also significantly enriches your career, opening doors to new opportunities and greater recognition in the field. The Certified Business Fellow (CBF) designation, earned after the CBA, is one of the six levels of NACM’s Professional Certification Program. It highlights advanced knowledge and contributions in business credit and demonstrates expertise in business and credit law. 

One of credit professionals’ biggest strengths is the ability to adapt in any situation. This strength translates to multiple avenues in life, especially when it comes to learning something new. NACM’s Professional Certification Program gives credit professionals the opportunity to challenge themselves by learning multiple subjects and different aspects of credit. 

🎙️On today’s episode of Extra Credit, climate change is increasing the frequency and intensity of severe weather events and natural disasters around the world. 

Global supply chains are a key source of economic stimulation with the ability to generate billions of dollars in global markets. The purpose of supply chains is to improve efficiency, reduce costs and increase revenue through competitive advantage. However, the entire system of supply chains is contingent on consistency—so what happens when there is a disruption?