c. myblog

July 16, 2015

Get Ready for Successful Execution of Your Strategic Plan

It takes more than team spirit to successfully execute on the strategic plan.  It takes… well, planning.  And while good planning and management of individual projects is absolutely critical, there is another piece that is often overlooked.  That piece is the process that surrounds strategic planning and is designed to help the organization hit the […]

July 9, 2015

An Approach to Monitoring Liquidity

Loan growth in the credit union industry was in double-digits as of first quarter 2015.  While this is a welcome change from the flat to negative growth experienced in 2010, it can put a squeeze on liquidity if not monitored appropriately.  Liquidity monitoring and measuring is a big focus for credit unions and for examiners.  […]

June 25, 2015

Project Management Tip #4: The Dependencies

When building a project plan, the timeline and budget will require close attention to the dependencies in the plan, and how they can affect the success of the project. For instance, a project to implement new software could be dependent on first ordering hardware and waiting for it to arrive, or the successful testing of […]

June 18, 2015

Key Business Questions

When credit unions evaluate changes in strategy or financial structure, the focus from an A/LM perspective is often on valuation and net interest margin.  However, these traditional approaches to measuring risk will not answer several critical business questions.  Consider, does NEV or net interest income analysis allow a credit union to see: Under what rate […]

June 11, 2015

Project Closure: The Handoff to Process Improvement

It is true that projects, by definition, have a definitive end. Planning for development and implementation is painstaking. Test cases are created and tried, there are usually at least a few bumps in the road but finally a project manager reaches the “go-live” date for the product, service or other initiative and, boom—the project is […]

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