c. myblog

June 7, 2017

Strategic Budgeting/Forecasting Questions: Representation of Strategic Initiatives in the Budget and Forecast

The second entry in our 6 blog series about Strategic Budgeting/Forecasting Questions builds on an understanding of Question 1. Having identified the financial direction of each strategic initiative, decision-makers are better positioned to look at the budget and see how the initiatives are represented and, of course, ask “why” questions. Question 2 – How are […]

May 25, 2017

From Operational to Strategic CFOs

The questions of relevancy and sustainability have never been more important. In this rapidly changing environment, today’s CFOs need to be multidimensional, competent, and forward-thinking leaders. CU Today and Credit Union Magazine each published a recap of Sally Myers and Rob Johnson’s speech at the CUNA CFO Council’s annual meeting on May 22, 2017 on […]

May 17, 2017

Strategic Budgeting/Forecasting Questions: Connect Strategic Initiatives with Financial Direction

Strategic initiatives impact results – members may be better served and membership may grow, assets may grow, and earnings and net worth may increase. Some strategies may cause temporary or long-term reductions in membership, assets, earnings, or net worth. Budgets and forecasts should incorporate the anticipated impacts of strategic initiatives and establish common expectations for […]

May 10, 2017

Process and Profitability – Living Deliberate Process Improvement

Strategic-minded and forward-thinking financial leaders respect the fact that they are in a street fight for relevance. Decision-makers are scrambling to remain relevant to their target markets which continue to expect fresher, faster experiences. Living deliberate process improvement is a greatly underutilized weapon that can be quickly activated to your advantage, resulting in a more […]

May 4, 2017

Strategic Thinking: Not Just Another Payment Competitor

A little more than 10 years ago, Apple® announced the creation of the first iPhone®. The ability to move seamlessly between phone calls, music, and browsing the web, all from a handheld portable device using our fingertips was a revolutionary concept at the time, and has forever changed the way consumers interact both at a […]

Start typing and press Enter to search