Streamline your board’s priorities to maximize impact
Focus on the issues and opportunities that bolster your CU’s long-term viability.
Do you ever have the feeling there’s so much to do that you don’t know where to start? Do you ever feel overwhelmed with the amount and speed of change?
Directors often share those sentiments. That’s natural, because we all tend to retreat to our safe place—to the tried, true, and comfortable practices we know.
It’s no secret that today’s world is changing faster than ever. You could argue there has never been a more difficult time to lead a financial institution.
In the midst of all these challenges, you encounter ever-evolving risks (controllable versus uncontrollable, strategic versus tactical, and external versus internal) that you must address to preserve what you’ve created.
But preservation in and of itself isn’t enough. How do you simultaneously create new value?
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