Excerpt from CUToday – published on May 20, 2019. “There is a side of CECL many are overlooking,” said Sally Myers, principal with c. myers corporation. “CECL requires a mindset shift. Initially, it is counterintuitive. Perhaps not to you, but certainly to other C-Suite executives and board members. There will be a disconnect between your […]
In a past edition of our c. notes, we discuss the Key Competencies of Strategic C-Suite Teams. While in the c. notes we explore 7 key competencies, in this blog we focus on the 6th competency – masters of the “so what” of the numbers and data to strategically drive the credit union forward, so […]
If you’re tired of feeling scattered and stressed about implementation, try the following tips: 1. Break the cycle of everyone scattering to get back to “work” after strategic planning As you are scheduling your strategic planning process, simultaneously schedule solid blocks of time for key stakeholders to get together and think strategically about implementation. One […]
Yes, there can be competitive advantages in what feels like a commoditized industry. One effective competitive advantage is a disciplined approach to strategic implementation. This c. notes highlights 6 organizational habits required by executives who have decided to make strategic implementation a competitive advantage. To read this article and others, please visit our c. notes page.
We live in a data driven world, but the data is far more useful if it is accessible and reliable. Ask yourself – do you view the reliability and accessibility of your data as a competitive advantage or a frustrating drag? Do you have multiple sources of information that sometimes show conflicting information, especially when […]