St. Meyer & Hubbard Launches LinkedIn Workshop for Financial Professionals

One-day Playbook helps bankers use LinkedIn to become trusted advisors
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* Banking
* Sales
* Linkedin
* Workshop
* Training

* Banking
* Finance

* Elgin - Illinois - US

* Services

ELGIN, Ill. - Feb. 3, 2014 - PRLog -- More than 225 million users are connected on LinkedInTM worldwide. It has become the most powerful place in the world for buyers and sellers to come together. Yet research conducted by St. Meyer & Hubbard, a financial training and consulting company, finds that the platform is still highly underutilized by sales professionals in banking.

In a 2013 survey of bank relationship managers and business development officers:

•   Only 41% said they are encouraged by their bank to use social media channels such as LinkedIn as a sales tool; 35% are encouraged to use it for business development.

•   10% said they are encouraged to communicate with customers and prospects and share content via social media.

•   3% reported a proactive effort at their bank to share online resources with customers and prospects.

•   Meanwhile, 37% of commercial officers are prohibited from using social media sites such as LinkedIn while at work; 57% of bank CMOs said the same.

“Success in sales has always been about relationships, and today a huge share of partnership-building happens online,” said Jack Hubbard, Chairman and Chief Sales Officer at St. Meyer & Hubbard. “LinkedIn is a terrific tool for the financial industry for its potential to start and improve conversations and to add continual value. Unfortunately many bankers are dropping the ball on this opportunity,” he said.

In response to numerous requests from clients, St. Meyer & Hubbard has developed a bank-specific workshop to teach LinkedIn best practices. LinkedIn Value Strategies is a one-day Playbook for senior executives, business and commercial bankers, branch managers and any other financial services professionals engaged in social networking.

Led onsite by a St. Meyer & Hubbard senior consultant, LinkedIn Value Strategies covers the key operational aspects of using LinkedIn as well as how to use it as a value tool, prospecting tool and networking tool.

With a hands-on model, the Playbook enables participants to connect theory to practice and solicit feedback from the workshop leader and peers. Bankers use in their profile in the workshop and create an action plan for maximizing their LinkedIn time investment.

“Effectively investing time on LinkedIn is one of those key activities that we know we should do but there are so many other competing priorities,” Hubbard said. “This makes the workshop setting uniquely beneficial. Instead of trying to apply all these techniques later — or, more likely, never getting back around to it — participants put the insight into action immediately and receive input from peers and our instructors who are power users of LinkedIn.”

LinkedIn Value Strategies learning points includes:

•       Profile optimization and visibility through creative structure and regular updating

▪       Connections – building a strong and viable network through targeting, utilizing customized requests and leveraging the second level

▪       Recommendations and endorsements – asking for and providing them within bank policies

▪       Groups to join, how to provide insight and how to leverage group members as new connections

▪       Prospecting through introduction requests, InMail and Tagging

▪       Preparing for calls using LinkedIn as part of the process

▪       Maintaining contact by recognizing key personal events and utilizing Pulse as a subject matter expert tool

▪       LinkedIn etiquette – do’s and don’ts, avoid spamming and keeping a professional persona

▪       Time management skills through a sample implementation and personal action plan

“In 2014 the Relationship Manager that is successful must also become a Resource Manager, providing value to the marketplace. It’s the fastest way to Trusted Advisor status,” Hubbard said. “LinkedIn is an amazing platform for bankers to establish themselves as Resource Managers. Based on our study and our work with more than 300,000 bankers, the opportunity for breakthrough results for those willing to be ‘socialpreneurs’ is ripe for the taking.”

St. Meyer & Hubbard will begin offering the LinkedIn Value Strategies workshop to financial institutions with groups of 12 or more in February 2014. For more information, visit or contact Jack Hubbard at 847-717-4328. Download the free resource "10 LinkedIn Value Strategies for Financial Services Professionals" at

About St. Meyer & Hubbard

St. Meyer & Hubbard is a boutique training, coaching and performance consulting firm that exclusively works in the financial services space. Areas of specialty include sales and sales management in retail, wealth management and business banking. Visit the company at and join their Business Banking Network group on LinkedIn.

Media Contact
Jack Hubbard, Chairman and Chief Sales Officer
Source:St. Meyer & Hubbard
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Tags:Banking, Sales, Linkedin, Workshop, Training
Industry:Banking, Finance
Location:Elgin - Illinois - United States
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