From the ceo of umpqua bank, the essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before in this followup to the successful leading for growth, umpqua bank ceo ray davis shares the tactics and strategies that have allowed umpqua to grow and succeed in the toughest economic environment. Ray davis, president and ceo strategic growth plan from. Dec 21, 2016 one inspiring and instructive case in point is what ray davis and his colleagues at umpqua bank have achieved over the last two decades, in a field that is about as traditional as it gets. What the best change leaders know, and why theyre so hard. The river umpqua weaves through the deep forests and rugged canyons of oregon state. San francisco, ca prweb november, 20 umpqua ceo ray davis shares the leadership best practices that guide the organization and have led to its success in both good times and challenging times, including its focus on honesty, motivating and inspiring employees, building an outstanding corporate reputation, creating buzz with nontraditional marketing, paying attention to details, and. I think i found out about umpqua bank in an article about socially andor environmentallyresponsible finance and i was. That was the year that ray davis took over as ceo and embarked on a quest to become the worlds greatest bank.
Jan 01, 2007 how any business leader can create an atmosphere of competitiveness for exceptional growth when ray davis took over the local 40person south umpqua bank in 1994, many people in the industry poked fun at his insistence that employees answer the phone with a cheery worlds greatest bank. Ray davis, president and ceo of umpqua holdings corporation, has been instrumental in umpqua bank s rapid growth. Nov 14, 2010 i learned that umpquas vision is to be the best bank out there. What the best change leaders know, and why theyre so hard to. In his 22 years overseeing the bank, he was largely responsible for building umpqua into a regional powerhouse and. This is the land of lumberjacks, and in 1953 the south umpqua state bank was founded to serve the people of canyonville. Cort ohaver, ceo of umpqua bank, will join the fireside chat at bank innovation ignite 2019 the event will take place march 1112 at seattles hyatt olive 8 hotel. Former ceo ray davis to retire from umpqua bank nasdaq. He would ultimately achieve that end by breaking many of the conventions of the banking category. The formal transition ends a 33year run for ray davis, who became ceo of umpqua bank in 1994. Find the revolution before it finds you fast company.
Umpqua bank opened its doors in a small timber town in southern oregon back in 1953. Davis and his teams have reinvented umpqua bank s image. Ray davis took charge of umpqua back in 1994, when the bank was a pipsqueak of an outfit with six branches in and around the southern oregon town. Oddly enough, chris skinners new book is called digital human. They will try to copy the tactics, and miss the point that culture is the answer. Umpqua banks president and chief executive officer ray davis is not a fan of the traditional bank. Umpqua first approached ziba to help them redefine banking in more human terms. Ray davis from the ceo of umpqua bank, the essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before. Its no secret that the great recession has deeply affected many businesses and industries, including banking. Dec 28, 2017 ray davis, whose name was, for a long time, nearly synonymous with umpqua bank, will be officially and fully leaving the bank in the next week in a document filed with the securities exchange. If your competitors have more resources, you better have the. Ray davis is president and ceo of umpqua holdings corporation, parent company of umpqua bank.
Wavelength shortcuts to inspiration volume 9 ray davis, umpqua bank welcome to our shortcuts to inspiration series where we share bite size nuggets of inspiration from connect. Umpqua s growth has demonstrated the success of ray davis approach. How umpqua bank got cool and created a culture of greatness. Ray davis, as president and ceo of umpqua holdings corporation. This book is a must read for all bankers, but most will miss the point. You know from your own experience that the typical bank is quiet, cold and boring, he writes in his book. Umpqua banks ceo cort ohaver to join bank innovation ignite. Since taking over the position at umpqua, ohaver has brought a lot of new elements to the banks innovation strategy, including the concept of human digital.
Umpqua holdings president and ceo ray davis commented in the statement, with our size, shared cultures and financial strength, our combined. In this followup to the successful leading for growth, umpquabank ceo ray davis shares the tactics and strategies that have allowed umpqua to grow and. Ray davis, 66, will step down as umpqua s ceo on jan. In 2007, davis authored a book titled leading for growth. Sep 30, 2014 umpqua bank today announced the umpqua bank charitable foundations first four grants with commitments to organizations in oregon and washington. Jul 10, 2018 if there is one way to describe umpqua banks innovation plans it would be human digital, according to the banks new ceo, cort ohaver. Leading for growth, how umpqua bank got cool and created a culture of greatness. Under davis leadership, umpqua has deployed a new approach to financial services that emphasizes cutting edge delivery systems and technologies, in addition to innovative store designs that engage and excite customers.
Ray davis keynote speakers bureau and speaking fee bigspeak. Under the leadership of visionary ceo ray davis, umpqua had skyrocketed not only to a regional power but a national sensation. Ray davis addresses many of the key issues we face in continuing. If your competitors have more resources, you better have. Umpqua charts path after sterling merger the north bay. How umpquas ceo is bringing the banks famous cx into the. Jan 29, 2014 in this installment of our umpqua bank catalyst series at the umpqua san francisco store, watch as umpqua ceo ray davis shares his insights on leading during the uncertainty of todays economy.
From the ceo of umpqua bank, essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before in this followup to the successful leading for growth, umpqua bank ceo ray davis shares the approach that has allowed umpqua to grow and succeed in the toughest. If there is one way to describe umpqua banks innovation plans it would be human digital, according to the banks new ceo, cort ohaver. Umpqua bank named most admired financial services company. From the ceo of umpqua bank, essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before in this followup to the successful leading for growth, umpqua bank ceo ray davis shares the approach that has allowed umpqua to grow and succeed in the toughest economic environment. First, the bank overthrew old, stale notions of banking as a quiet, boring, uninteractive environment and introduced a strong. I learned that umpquas vision is to be the best bank out there. In an interview with the business journal, ray davis said it dates back to 1995, shortly after he became the thenroseburgbased banks chief executive. Under davis leadership, umpqua has deployed a new approach to financial services. They brought in ray davis, a maverick banker from atlanta, georgia. Ray davis, as president and ceo of umpqua holdings corporation, pioneered a customercentric banking strategy and culture that transformed his company and challenged the industry. And if umpqua bank ceo ray davis and vice president brad copeland did not get into bed with summit 1031 summit accommodators, lane lyons tim larkin brian stevens and mark neuman well then who did, because what is playing out to me shows that those boys are not real smart so someone hid their assets and helped them hid money for many.
Fortunately, the same folks who recognized the need to build umpqua recognized the need to adapt. The secrets of umpqua banks success ray davis youtube. Jul 02, 2011 and if umpqua bank ceo ray davis and vice president brad copeland did not get into bed with summit 1031 summit accommodators, lane lyons tim larkin brian stevens and mark neuman well then who did, because what is playing out to me shows that those boys are not real smart so someone hid their assets and helped them hid money for many. From the ceo of umpqua bank, the essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before.
In this installment of our umpqua bank catalyst series at the umpqua san francisco store, watch as umpqua ceo ray davis shares his insights on leading during the uncertainty of todays economy. He has been recognized in numerous national publications, including the wall street journal, new york times, fast company, businessweek, newsweek, and cnbc, and is the author of leading for growth josseybass. One inspiring and instructive case in point is what ray davis and his colleagues at umpqua bank have achieved over the last two decades, in a. Shortcuts to inspiration volume 1 ray davis, umpqua bank on. Ray davis, whose name was, for a long time, nearly synonymous with umpqua bank, will be officially and fully leaving the bank in the next week in a document filed with the securities exchange. Umpqua bank today announced the umpqua bank charitable foundations first four grants with commitments to organizations in oregon and washington. Store opening hours, closing time, address, phone number, directions. Wavelength shortcuts to inspiration volume 1 ray davis, umpqua bank on. The move resulted in the west coasts largest community bank, with 5,000 associates and nearly 400 stores umpqua parlance for branches across five states. Ray davis, 66, will step down as umpquas ceo on jan. Umpqua bank charitable foundation announces first grants. See ray davis with alan shrader, leading for growth 2 2007. It has ropes to keep people in line and empty desks and stale coffee. You could strip all the cute stuff away, and umpqua would still be great because it is a high performance culture.
Former ceo and president of umpqua holdings corporation raymond davis took over the local 40person south umpqua bank in 1994. From the ceo of umpqua bank, the essential leadership practices that allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before in this followup to the successful leading for growth, umpqua bank ceo ray davis shares the tactics and strategies that have allowed umpqua to grow and. News umpqua bank announces acquisition of financial pacific holding corp. Ray davis says it in the book, and ive heard him say it at conferences. Sep 12, 2016 in an interview with the business journal, ray davis said it dates back to 1995, shortly after he became the thenroseburgbased bank s chief executive. Executive summary umpqua bank s goal is to differentiate the customer experience with a creatively nontraditional culture and a radically different mindset of branding locations as stores and not branches supported by. Human digital, as ohaver explained, is the marriage of digital innovation with the physical retail banking experience. Umpquas growth has demonstrated the success of ray davis approach. Davis recognized the opportunity to reimagine bank product delivery and customer experience, and set out to reinvent what a bank looks like, how it operates and how. When ray davis took over the local 40person south umpqua bank in 1994, many people in the industry poked fun at his insistence that employees answer the phone with a cheery worlds greatest bank. In leading through uncertainty, umpqua bank ceo ray davis shares the essential leadership strategies that have allowed the west coasts largest independent community bank to emerge from the economic crisis even stronger than before. In an interview with the business journal, ray davis said it dates back to 1995, shortly after he became the thenroseburgbased bank s chief executive. Davis became ceo and president of umpqua holdings in 1999. Umpqua ceo ray davis on worlds greatest bank tagline.
Ray davis, president and ceo of umpqua holdings corporation, has been instrumental in umpqua banks rapid growth. Assessing the growth impact of umpqua banks carolina law. Davis echoed a point made at the time of the merger announcement that the combined institution will continue to operate as a community bank. Is there any other bank in the world where you would consider buying a branded tshirt or baseball cap. When ceo ray davis stepped into office in 1994, he launched a new strategy and direction that was based on creating a new, creative outlook on banking. The book is relevant to anyone in a leadership position faced with the need to. When ray davis took over the local 40person south umpqua bank in 1994. Alan shrader moraga, ca is an experienced writer and editor of business books. Cool and created a culture of greatness jb us nonfranchise leadership book 37 kindle edition by raymond p. To view his full biography, find links to his showreel and to book him to speak at.
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