Vendor and partner relationships are essential to financial institutions, therefore we are reposting this blog in light of recent conversations with our clients. Taking a strategic approach to these important relationships can better position the organization for future moves, boost performance, save resources, and maybe even lessen the total number of relationships required. Optimizing these … Continued
We have spent thousands of hours working with Boards and Leadership teams on strategic planning and we regularly get asked, “How can a Board, made up of individuals who often are only able to focus on the financial institution during monthly meetings or annual planning sessions, be more strategic in their thinking?” Most of the … Continued
Today’s high-performing finance teams are seeing a need to shift their mindsets and their internal reputations in order to enhance the integral role they play in the strategic progress of their organization. They are being intentional in their efforts and actions to change the way they are viewed in the organization. Specifically, their focus is … Continued
In a previous blog, we discussed shifting from the traditional approach to strategic planning toward a more continuous approach in order to help your team be better prepared for the unpredictability of tomorrow. If you haven’t read that blog, we recommend starting there. This blog outlines some of the important topics that have come out … Continued
In light of the many conversations we are having with our clients about artificial intelligence, we thought it would be helpful to repost this blog as a reminder to explore the power of process improvement, before artificial intelligence. When it comes to newer technologies in the financial services industry, the usage of artificial intelligence (AI) … Continued
The nature of disruption The thing about disruption is that it’s always coming toward us. No matter how well we’ve adapted to the last thing, there’s always a next thing. Because disruption is part of the fabric of business, cultivating a mindset and practices that embrace disruption can help position organizations to be more resilient … Continued
Biometric authentication methods are one the newest generations of security measures and one of the latest iterations can be found at your local Whole Foods. The next time you are buying organic kombucha, you may find yourself in front of an Amazon One sensor alongside the register. Amazon One sensors enable consumers to use their … Continued
4 minute read – More and more decision–makers are understanding how important it is to have a financial roadmap – similar to their technology roadmaps – that links to strategy. After receiving great feedback on this topic, we have decided to remind leaders how important it can be to use roadmaps as a way to communicate longer-term financial outcomes to stakeholders and help align … Continued
6 minute read – The following blog post was written by c. myers and originally published by CUES on July 27, 2023. Many are concerned that the next few years could be financially tough for financial institutions, even if we avoid recession. Tight liquidity, escalating cost of funds, inflation-driven operating expense increases, and accelerating loan losses … Continued
4 minute read – The world is becoming more complex by the minute. As this happens, many Boards are stepping back and asking themselves how their role should continue to evolve to best help the organization. Many Boards are expressing a desire, as well as realizing the necessity, to go to a more strategic level … Continued
