What will be the post-pandemic, semi-new normal economy?

Of the many challenges the industry has faced in the past, none has proven as challenging as this modern-day pandemic. The impact of this tragic and far-reaching time in our history has reached and will continue to reach deep into our lives, the economy, and the way companies do business. Which industries have been impacted the most will tell the story of the future of business models. When will we finally be “over” this pandemic, or at least when will it not be a headline, as it will continue to heavily influence future economic conditions. This economic outlook session will focus on future economic productivity, monetary policy, and employment--with a focus on the areas of construction and development.

S. Scott MacDonald, Ph.D

Speaker, Strategic Planner and Consultant for Banks and Financial Professionals

BFS Consultants Group

Dr. S. Scott MacDonald is the former president and CEO of the Southwestern Graduate School of Banking (SWGSB) Foundation, director of the Assemblies for Bank Directors, and Adjunct Professor of Finance, Cox School of Business, Southern Methodist University. Prior to joining SMU he served on the faculty of Texas Tech University and was a consultant at RRC Inc., an economics consulting firm in Bryan College Station. He received his B.A. degree in economics from the University of Alabama and his Ph.D. from Texas A&M University.

Dr. MacDonald is a trusted consultant and advisor to financial institutions boards of directors and senior management. With over 38 years of professional and academic experience he is a nationally sought-after strategic planning facilitator, consultant and educator to the financial services industry. He is a frequent speaker at professional programs, banker associations and banking schools. He is the recipient of numerous teaching and research awards, and was inducted into the Independent Bankers Association of Texas’ Wall of Heroes and Legends. He has served as an expert resource witness before the Texas state Senate and is a former Chairman of the Board of Directors of a Texas financial institution. Dr. MacDonald is the co-author of the textbook on banking, Bank Management in its 8th edition, as well as author of numerous articles in professional and academic journals.

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