4 minute read – The competition for talent has been raging for the past few years. While it seemed to come to a head after the pandemic, the demographic underpinnings have been at play for decades. As teams work to meet today’s talent challenges, approaching the situation as if it’s permanent can recast the thinking, … Continued
3 minute read – With inflationary pressure and rapidly changing interest rates creating a lot of earnings uncertainty, leadership teams are laser-focused on increasing revenue streams to help support the bottom line. As important revenue opportunities are explored, frequently refreshing and assessing where to potentially take more risk will be key. A helpful exercise is … 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
Our world is moving fast, and it is more important than ever for organizations to be critical with their approach to people planning. In this c. myers live, we discuss how to become more strategic with your approach to your team and give leaders the right questions to ask. Brian McHenry As one of five … Continued
7 minute read –“Wait…What? My balance sheet structure really hasn’t changed in the last few months, yet the NCUA NEV Supervisory Test now shows that we went from low/moderate risk to high risk, teetering on extreme. Why is there such a dramatic shift in results?” This is an example of recent conversations with credit union … Continued
3 minute read – With the Federal Reserve using monetary policy and increasing rates to combat inflation, there will be different winners and losers. Every financial institution has a unique exposure to rising interest rates. Some financial structures will experience an increase in earnings from higher fed funds and prime rates while others could see … Continued
3 minute read – High-performing organizations need high-performing people, and people need feedback to fully develop into high performers. In our work with financial institutions, we have found that leaders are often unaware of how they are coming across to people and the impact they have on their team. Even if they are aware of … Continued
4 minute read – Competitive pressure on Overdraft Protection (ODP) has become immense. What started as an incoming tide in mid-2021, has turned into a tsunami of pressure at the start of 2022 as more financial institutions are creating market pressure by completely revamping their position with respect to these types of fees. The growing … Continued
4 minute read – Many CFOs and leadership teams of eligible credit unions are evaluating whether secondary capital might be a strategic fit for their business models. Here are two scenarios to consider: Scenario 1 – We want to continue to grow and expand our markets Consider a credit union that has robust growth in their current markets and has … Continued
7 minute read – The following blog post was written by c. myers and originally published by CUES on November 22, 2021. We’re experiencing upheaval and uncertainty in the employment arena. One of the most common issues we’re hearing and talking about in strategic planning engagements is talent—more specifically, how to retain and engage the … Continued
