September 2016
News from
Wheeler Business Consulting:
In July/August Wheeler Business Consulting facilitated a survey of Millennials in the commercial equipment leasing and finance industry. There is a tremendous opportunity for young, aggressive individuals to prosper in the industry. One of the major challenges for the next generation in our industry is that their training has been
segmented. The survey confirmed that most Millennials have been trained and consider themselves proficient in their particular functions. However, few are fully cross-trained in all aspects of the industry (credit, sales, pricing, portfolio management, documentation, etc.). In order for the next generation to become leaders in the industry, they must be well rounded in all functions and have exposure to all aspects of the industry. Wheeler Business Consulting works with its clients to train professionals in all aspects of the industry, encouraging individuals to think and act outside of their daily functions.
A few of the statistics gathered in the survey of Millennials in the industry are listed below:
- 93% of the participants believe they need additional training
- 26% of the participants have a full working knowledge of documentation and legal issues
- 31% have a full understanding of the full-disclosure transaction process
- 84% want daily challenges
- 97% consider technology a key factor in personal and organizational success.
I will be facilitating a workshop on October 6, 2016,
"How Millennials Will Thrive in the Commercial Equipment Leasing and Finance Industry." The workshop is for professional Millennials in the industry who want to take their careers to the next level. I will be outlining the opportunities in the industry for sales, credit, and operational professionals; and specific steps which must be taken to add value to your clients, to your company, and to your careers. This workshop, a $750.00 value, will be complimentary to any registered attendee of the 2016 NEFA Funding Symposium. The pre-conference workshop will take place prior to the opening reception in Minneapolis MN. For more information and
to register please click HERE.
Wheeler Business Consulting LLC works with banks, independents, captives, origination companies, and investors in the equipment leasing and finance arena. We provide training, strategic planning and acquisition services. Scott Wheeler is available to discuss your long-term strategies, to assist your staff to maximize outcomes, and better position your organization in the market.
Comments and suggestions are always welcome.
Scott A. Wheeler CLFP
Wheeler Business Consulting LLC
Phone: (410) 877-0428
Email: scott@wheelerbusinessconsulting.com
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