Many financial institutions invest heavily in strategic planning—gathering data, hosting retreats, and crafting the perfect vision for the future. But all too often, the best-laid plans get stuck in neutral during implementation. Why? Strategic planning and strategic implementation are two very different disciplines. Planning is about setting direction; implementation is about making it real. We’ve … Continued
Strategic planning is second nature for most financial institutions—but when it comes to planning for talent, many organizations still rely on short-term fixes or backfill strategies. Yet the success of any long-term vision hinges on having the right leaders in place—not just today, but several years down the line. As business models transform and technology … Continued
As Merger & Acquisition activity continues to be a key strategic lever for growth for credit unions, finance teams are being called on to play a more strategic role in identifying opportunities and shaping financial structures. This webinar explores how finance leaders can elevate their approach and make a greater impact throughout the M&A process.
As interest rates fluctuate and market conditions evolve, financial institutions are seeing shifts in their Economic Value of Equity (EVE). But are these improvements the result of strategic decisions, or are they merely a function of external forces? Understanding the key drivers behind EVE fluctuations is critical for making informed financial and strategic decisions. The … Continued
Succession planning often conjures thoughts of leadership transitions, but effective planning at the board level is equally crucial. In our work with financial institutions, we’ve seen that proactive board succession planning strengthens governance and ensures long-term strategic alignment. Below are three key insights that can elevate your board succession strategy. Board Recruitment is an Ongoing … Continued
Financial institutions operate in a dynamic environment where strategic planning is crucial for long-term success. Wouldn’t it be valuable for organizations to utilize tools that help visualize the economic implications of achieving or not achieving their strategic goals? The fantastic news is that longer-term financial forecasts are tailor-made to do just that. Below, we highlight … Continued
Each year we work with hundreds of financial institutions, helping them think through their business model for today and into the future. Because of the successes we’re seeing, we thought it would be helpful to outline processes and habits that can help strengthen the thinking among leaders and Boards across the industry. By focusing on … Continued
It might seem like an odd time to think about a mortgage loan boom. Mortgage originations through Q3 2024 are pacing similarly to 2023, one of the lowest years in two decades. Mortgage rates remain high, closer to 7% than 6%, with forecasts for 2025 suggesting rates will stay above 6%. Yet, these very conditions … Continued
We talk with financial executives every day about the challenges and opportunities surrounding regulatory changes, and the new CFPB rule to close overdraft loopholes is no exception. This initiative, aimed at saving Americans billions in fees, is a timely and significant shift in the financial landscape. For institutions, it raises important questions about compliance, revenue, … Continued
Have you ever noticed how projects start out so well with everything on track until suddenly, out of the clear blue sky, there’s a giant problem? The project is unexpectedly off track and you’re scrambling to slow the resulting domino effect. What happened? It’s likely that things weren’t nearly as on track as you were … Continued
