New Case Study Library Takes Financial Services Training to the Next Level
ARLINGTON, Va., Dec. 13, 2016 /PRNewswire/ -- Omega Performance has launched its Case Study Library, the latest innovation in lender training.
The Case Study Library provides next-level training that builds upon Omega Performance's industry-leading blended learning model, which combines comprehensive, self-paced eLearning with facilitator-led Skills Application Labs. Omega Performance created the Case Study Library to help lenders gain post-training experience quickly and without exposing their organization to risk.
"In a commercial bank environment, those with commercial lending or small business lending responsibilities must develop higher-level analytical thinking," said Jenny Daley, president and chief executive officer at Omega Performance. "It is important that they know how to apply the credit risk mitigation concepts they have learned in different environments and under different economic conditions."
To meet this challenge, progressive banks have found an effective solution—using the case study learning approach made popular by educational institutions like the Harvard Business School. This methodology helps professionals develop the skills to interpret a complex business challenge rapidly, arrive at a logical solution swiftly, and articulate their recommendation in a concise, effective way.
In line with this approach, individuals enrolled in Omega Performance's Case Study Library evaluate credit opportunities on their own, then receive feedback from experts in their lending area. This feedback presents learners with an opportunity to refine their thinking and—if they choose—adjust their recommendations. They then present their recommendations to a group of their peers, who challenge their assumptions and ask "what if" and "why."
"Participants learn to hone their analysis skills in this process," said Colleen VanDyke, Omega Performance design and development director. "Using their independent decision-making skills on more complex, higher-risk credit requests, participants acquire the requisite experience and higher-level analytical thought processes required to improve their on-the-job performance."
Omega Performance's Case Study Library is designed for lenders, credit underwriters, loan reviewers, and branch managers who would benefit from additional experience evaluating a variety of lending scenarios.
About Omega Performance
Founded in 1976, Omega Performance is the banking industry leader in credit and business conversation training, offering high-impact training solutions to banks, credit unions, wealth management firms, and nonbank financial institutions worldwide. Using proven and time-tested strategies, the company helps lending institutions of all sizes develop and sustain strong credit cultures, make smart credit and risk management decisions, create profitable loan portfolios, and enhance their value propositions in a fiercely competitive marketplace. Headquartered in Arlington, VA, Omega Performance has global offices in London, Singapore, Sydney, and Mumbai. For more information, visit http://www.omega-performance.com/
Contact
Radhika Rao
Global Marketing Manager
Omega Performance
Tel: (703) 558-4150
Email: [email protected]
SOURCE Omega Performance
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