A former associate national bank examiner for the Office of the Comptroller of the Currency, Rob Buchanan has climbed the ladder at OakStar Bank from vice president of compliance to senior executive vice president and chief risk officer, a newly created position. At the Springfield-based bank, Buchanan in 2017 helped to oversee the acquisition of 100-year-old, fourth-generation-led Bank of Urbana. The best compliment, he says, is when customers don’t even realize a change occurs. Outside of OakStar, the Missouri Future Business Leaders of America named Buchanan Business Person of the Year, and he’s been active in the OneSolePurpose shoe donation program.
When did you realize you had grown up? The first time I realized how much I had paid in taxes for the year. It wasn’t a lot of money, but I realized it would be like this for the rest of my working days.
What was your professional aha moment? When I came to OakStar and had to deal with the regulators. Previously I was a federal regulator, but never realized what impression I left with the other side of the table. Now I try to keep that understanding where both sides are coming from and reach compromises that help everyone.
What’s your most treasured possession? There are a few pieces of furniture that my dad and I built that were gifts to my wife. They represent tangible legacies that he taught me in woodworking and work ethic.
If you could have one superpower, what would it be? The ability to slow down time.
Local medical marijuana dispensaries must find ways to get creative with their marketing in light of industry advertising regulations released this summer by the Missouri Department of Health and Senior Services.
Marc Thornsberry, a Senior Engineer at CJW, says he joined the company after working in the public sphere. He says CJW had a ton of experience working with the community, and putting their customer's and clients.
Sandra Smart, a technology and commercialization specialist, shares helpful advice and cautionary tips about the importance of tracking cash flow for new or established businesses. Smart works with tech entrepreneurs and hosts training workshops through the Missouri SBDC at Missouri State University's efactory.
Michael Smith and Chris Sawyer, COO and CEO of Next Level Solutions respectively, discuss how they keep their remote teams and offices in and out of country on the same page. Next Level Solutions was ranked #1 in the Springfield Business Journal's 2021 Dynamic Dozen.
John Oke-Thomas, architect and co-founder of minorities in business, responds to the accusation that minority businesses are only successful because of the priority they have received in lending. He says that if a business uses a loan well, it shows their worth.
Sandra Smart, a technology and commercialization specialist, shares tips for entrepreneurs who are ready to seek funding. Some of her tips apply broadly; some target technology industry businesses. Smart works with tech entrepreneurs and startups, and hosts training workshops through the Missouri SBDC at Missouri State University's efactory.
Hollie Elliott discusses common misconceptions about locating your business in a small town. She says that there are a lot of benefits that people may not consider.
Drawing on his own experience dynamically evolving his company and business model, Jim Meinsen discusses when and how you might need to draw on new technology. Jim and Debbie Meinsen are co-owners of TCI Graphics in Springfield.
John Oke-Thomas, longtime Springfield architect, discusses his philosophy on architecture. He says that future historians will be focused on the sustainability of our contemporary architecture.
Erin Hedlun, director of marketing and communications at Evangel University, says compassion is an important job skill. Hedlun says it is a component of what makes a leader.
Rachel Barks, owner of Artistree Pottery, talks about the concepting that went behind the aesthetic of the business.