Tag: Leadership

Being a leader is hard but leading during stressful periods where internal or external stressors seem to add pressure to your credit team can be even harder. Whether your company is undergoing a merger that throws everyone’s day-to-day work through a loop or economic instability brings added stress to everyone’s days, workplace challenges can pop up at any moment. But what can leaders do to ease tensions and calm their credit teams?

Designations earned through NACM and FCIB’s six-level Professional Certification Program transform credit professionals of any level to outstanding leaders in their field.  

Education plays a pivotal role in shaping a professional’s career by providing the foundational knowledge and skills necessary to succeed in a competitive job market. Beyond that, education also fosters personal growth, boosts confidence and builds a strong network that can support career advancement. By continuously learning, you not only improve your current role but also position yourself for long-term success.

The last few decades have seen large waves of women entering the credit profession. Women are entering into male-dominated offices and paving the way for other women to not only excel in credit positions but climb the ladder into leadership roles previously only allotted to men.   

On today’s episode of Extra Credit…There are moments throughout your career when you might be looking for guidance. Whether you are just getting acquainted at your very first job, you’ve made a career transition or you just need some advice, a mentor can make a world of difference in your confidence at work.  

The Canadian economy showed growth over the fourth quarter, with increased consumer spending, business investments and exports boosting the country’s gross domestic product (GDP) by 2.6% in the final months of 2024. While the growth is a good sign for the Canadian economy, Prime Minister Justin Trudeau’s imminent resignation and the looming threat of tariffs from the United States create uncertainty.

By focusing on and refining soft skills, credit professionals can enhance performance, relationships and communication in credit management.

Time management can be tricky when your day-to-day work feels unpredictable. Credit managers know how easy it is to get so wrapped up in a single task that their entire to-do list slips their mind. Whether you carefully schedule out every second of your workday or keep a tentative list of tasks that need completion, it can be hard to organize your time as a credit manager because there is so much to do.