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Matt Elliott

Matt Elliott

Matt Elliott is a Michigan business and civic leader, former President of Bank of America Michigan and founder/CEO of Blue Lake Ideas, who co-hosts Detroit radio programs including 'JR Morning.

Aug 31, 2026

4:31
What's the thumbnail of the business career?
4:33
Well, I've got a 35-year career in banking.
4:35
So I retired about a year and a half ago as the president of Bank of America, Michigan.
4:40
And I also spent 35 years in corporate and commercial banking.
4:44
And one of the things that I observed in my clients and also of the leaders that I admired were the ones that routinely found the end.
4:51
These were the clients, for example, that didn't need every last deal point because everybody needed to be together to do a good deal.
4:57
I called it, you want to be happy or do you need to be right? And so being happy, my happy clients were the ones that were the most successful.
7:58
And that really separates them from the process.
11:36
I, uh, I was gonna say, I know Anne well, and I'm not having that conversation with her.
11:39
[chuckles] That's right.
11:41
You know, what I've thought about is, number one, the, the, the power of and is something that is almost universally embraced when I talk to leaders about it.
11:48
But the question is how do I use it? And the...
11:51
You know, to, in order to, to honor multiple truths, it takes time, it takes energy, and frankly, the willingness to look at multiple points of view.
12:00
And so my work has really been focused on creating the capacity that it takes to do that work and building tools and frameworks to make it happen in a very practical way.
12:10
And that's what the book will walk through, including lots of stories about how I've seen it and used it in my own career and in other places.
14:58
What is that, and, you know, and, and what does it, uh, seek to obtain?
2:26
I, I was gonna say, I know Anne well, and I'm not having that conversation with her.
2:31
[laughs] That's right.
2:32
You know, what I've thought about is, number one, the, the, the Power of And is something that is almost universally embraced when I talk to leaders about it, but the question is how do I use it? And the...
2:41
You know, to, in order to, to honor multiple truths, it takes time, it takes energy, and frankly, the willingness to look at multiple points of view.
2:50
And so my work has really been focused on creating the capacity that it takes to do that work and building tools and frameworks to make it happen in a very practical way.
3:00
And that's what the book will walk through, including lots of stories about how I've seen it and used it in my own career and in other places.
3:07
And then when we bring that into the boardroom and we bring that into, um, the classroom, um, we're able to bring it to life through workshops and consulting, and it's been really gratifying.
5:48
What is that? And, you know, and, and what does it, uh, seek to obtain?
8:10
Maybe your book idea first and what you're doing in your power van, all those things.
8:16
Sure.
8:16
Let me start with the theme that we chose in 2023, which was the power of and.
8:19
This idea that if we're going to be successful long term, we have to be able to balance opposites.
8:24
We have to be able to do, for example, economic development and business attraction.
8:28
We have to be able to generate and execute today as businesses and plan for tomorrow.
8:33
These are things that very often we either think of as one or the other.
10:04
So in your many previous roles, How would you advise people like going forward using that prism? Sure.

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