Danny Ludeman, Chairman & CEO of Concordance, Episode 130
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Danny Ludeman previously served as CEO of Wells Fargo Advisors, where he increased revenue from $300 million to $10 billion during his tenure. Upon retirement, he followed a spiritual calling to serve others, leading to the founding of Concordance. Danny remains active in industry and civic affairs, serving on several local boards. He also attends Covenant Seminary, where he is pursuing a divinity degree.
This week on the podcast Danny shares why he decided to pursue an opportunity outside the financial sector when he retired. He tells us what led him to the important work that Concordance does to reduce the reincarceration rate among participants released from prison. We also discuss the factors that contribute to the cycle of reincarceration and how providing the right mix of interventions can help justice-involved individuals break that cycle.
“Seeing the transformation that occurs within our participants each and every day and the ripple effect that healing trauma has on our participants, their families, and their communities is nothing short of inspiring. ” - Danny Ludeman
“It has to start with looking at the external environment objectively, and not seeing how the world looks or how you want the world to look, but how the world actually operates.” - Danny Ludeman
“If you want to solve the problem, you have to have a very holistic, comprehensive approach. And it starts with healing the individual.” - Danny Ludeman
This Week on The Wow Factor:
Mentors who inspired and supported Danny in his early years
Why Danny pursued a career in the financial sector and what he did in his role as CEO of Wells Fargo Advisors
Some of the things Danny learned as he passed through different levels of leadership at Wells Fargo Advisors
Points in Danny’s life where he can see God's hand, including his introduction to the work of Concordance via a chance letter
The work Danny does at Concordance and how he built critical relationships that allowed them to put the strategic planning effort together
What Concordance learned from their research and how it helped them support people leaving prison in St Louis
The impact childhood trauma has on individuals and how that correlates the cycle of reincarceration.
The importance of building trust with incarcerated individuals while they are in prison, and how Concordance helps build a life plan for individuals leaving prison and get genuine buy-in
Danny shares an inspirational story of a successful Concordance program graduate
Danny Ludeman’s Words of Wisdom:
Look for the opportunities around you to take your God given talents and direct them towards something that can truly change the world. Figure out how you can ‘lead with your left’ by finding alternative solutions to problems.
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