The importance of developing strong leaders in credit unions

Succession planning is one of the most pressing issues for today’s credit unions. Too many have aging executives and board members without skilled people ready to take control once the current leadership cadre leaves. This situation leads to two results (neither of them good):

  1. Inexperienced leaders take over, leading the credit union backwards.
  2. The credit union ceases to exist, since it has no identity without long-time leaders.

Luckily, your credit union doesn’t need to experience either of these fates!

If you’re familiar with this blog, you already know John Maxwell. He has a huge amount of leadership wisdom, all of it relevant to credit union leadership training. Let’s examine some of his best quotes to discover what it takes to develop strong credit union leaders who will be ready to take over once you’re gone.


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