EL&F magazine article

Bucking the Status Quo

IN THIS ISSUE of Equipment Leasing & Finance magazine, we’re celebrating innovative leadership in the equipment finance industry. Our cover story, “Leading Through Innovation,” highlights four ELFA-member companies and leaders who’ve bucked the status quo and created new value by charting a different course. This story draws inspiration from the Equipment Leasing & Finance Foundation’s recent Industry Future Council (IFC) gathering of industry executives, who concluded that innovation is becoming a requirement for equipment finance firms hoping to keep pace with competitors inside and outside the industry. To read full IFC report, “Embracing Innovation: Positioning Your Business for Future Success,” please visit http://bit.ly/ELFFIFC. Also in this issue:

Next Generation: Is your company focused on attracting, engaging and retaining emerging talent? In “10 Tips for Proactive Talent Management” members share strategies for building a bench of Millennials and “Gen Zs.” Also, find out what the Emerging Talent Advisory Council is tackling this year and get a preview of their plans for Emergence2019, a two-day leadership development event that will be held in July in Washington, D.C.

State of Business: In “What Lies Ahead?” the leaders of four ELFA Business Council Steering Committees share insights into their respective sectors’ health and growth prospects. While each BCSC is reporting areas of growth, wild cards remain. As one member notes in the story, “I think there are a lot of reasons to be positive but also to be a little bit cautious.”

Save the Date

We hope you’ll join us at the 58th ELFA Annual Convention, Oct. 27-29 in Washington, D.C. There’s nowhere else you can connect with so many industry leaders and discover new ideas to grow your business, prepare for the next generation of equipment finance, hear diverse perspectives and much more! We recently announced a great lineup of keynote speakers, including economist Marci Rossell, leadership expert Mark Scharenbroich, CNN anchor Jake Tapper and presidential historian Michael Beschloss. View our promotional video and check out the preliminary agenda at www.elfaonline.org/AC—we’ll let you know when registration opens.

Distinguished Service Award

Finally, the Michael J. Fleming Distinguished Service Award honors members who have made a significant contribution to our association and our industry. We encourage you to nominate yourself or a colleague for the award this year—you’ll find details at www.elfaonline.org/Awards/DSA/. The award recipient will be formally recognized at the Annual Convention.

Thank you as always for your support and participation.
RalphSIG

Data Outlook

Find out what recent industry data reveals about the state of the equipment finance sector in Ralph’s second-quarter video message at www.elfaonline.org/news/Q2video2019.

 

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2019