UMB Financial – “No Delivery”
Pros
Patience is rewarded, strong financial perfomance among commercial banks.
Cons
Sub-market compensation,no incentive or bonus structure to non-sales employees, a culture in transition from toxic to productive lacking meaningful buy-in from key senior management, exhausting bureaucracy, strong executive management lacking strong number two's and three's to fill the empty promise.
Advice to Senior Management
Market compensation will retain key associates.