3 minute read – Strategic initiatives that include process improvement as a key component are highly prevalent. Some institutions set out to use process improvement to build a more efficient organization, better customer and staff experiences, or higher loan funding ratios. In addition to improving specific processes and metrics, more and more organizations are working to … Continued
5 minute read – There are countless references today to the “lone wolf” – the person who stands alone and doesn’t need anyone else to be successful, individualism marked as the key characteristic to success. But the “lone wolf” is a temporary status because even the powerful and intelligent wolf depends upon the pack for … Continued
4 minute read – Imagine you have begun climbing Mount Everest, you reach 24,000 feet and realize you didn’t bring enough oxygen. Without oxygen, it is nearly impossible to complete the climb. Do you take it as a failure? Or do you acknowledge your disappointment and take it as an opportunity to reflect and assess … Continued
9 minute read – Every day we have critical conversations with our clients about a range of topics from financial modeling to strategic planning. Something we hear more and more executives discuss is the importance of scenario planning for their institution in this current environment. After receiving great feedback on this blog, we have decided … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on December 21, 2022. As leaders, we know that engaged employees are good for morale, which is good for business. It is also personally rewarding to help grow talent and deepen their connections and contributions to a higher … Continued
7 minute read – As rates have increased materially, and liquidity pressure continues to build, leaders will continue to be faced with high-impact decisions that can have longer term consequences. Reliable and timely financial decision-information is a huge component of a successful decision-making process. This blog on Static Balance Sheet Analysis (sometimes referred to as … Continued
3 minute read – When the going gets tough, the tough get going, but the tough might also be getting tired. Knowing that the world isn’t slowing down any time soon, it is essential that you are taking actions to ensure that you can sustain your leadership team and your financial institution through the next … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on September 19, 2022. Targeting younger customers is so common that you could say it’s ubiquitous, but the reasons why are often fuzzy. Gaining traction with this group in a way that benefits both younger people and … Continued
4 minute read – If you have a longer-term financial roadmap, you’re one of a growing group of institutions that have discovered the strategic benefits of this vitally important tool. If you don’t have one, it’s a good time to consider creating one. Much like technology roadmaps, financial roadmaps – also called strategic financial … Continued
4 minute read – The following blog post was written by c. myers and originally published by CUES on June 1, 2022. It can be a struggle for boards and other stakeholders to consistently connect the organization’s actions and measures of success to its strategy. The strategy that was decided on during planning may become … Continued
