Articles |
|
|
|
Former Bank CEO John Dean's commitment has gone further than raising financial institutions from dissolution.
Aptly dubbed as a 'bank-turn-around specialist', Mr. Dean committed himself and his subordinates in giving back to the community.
One of his greatest achievements was the recapitalization of the First Interstate Bank of Oklahoma in the 1980s, which he had done so by creating a milieu of cooperation and generosity within their corporate culture.
"Employees were demoralized, there had been lay offs, there had been demotions, people just had basically given up on everything," he said talking about the bank's previous state. "I got a group together and said that we need to get focused, we need to get trust within this organization and we need to think about giving back to the community that's also struggling."
To effectuate his plan, John Dean appointed a bank officer, Bob Hoffman. Mr. Hoffman was diagnosed with ALS a few months after Mr. Dean's step to office as CEO in 1986. He was later adopted by the company and had become part of their social commitment.
Now retired from banking, Mr. Dean continues his social obligation in the University of Hawaii business school's 'Kipapa' lecture series which brings businessmen on campus to talk about their entrepreneurial successes. John Dean, now a venture capitalist, has co-founded the Entrepreneur's Foundation of Hawaii in 2005.
For more visit EFhawaii.org.
|