Blog & Resources
When Did “OK” Become the Objective?
Is it the adage of the tortoise (slow and steady wins the race) or is it that mediocrity has become the acceptable norm when it comes to our credit unions? Self-rationalization can be a powerful influencer. Over the years,...
What is this thing called member value?
The notion of member value is a frequent discussion topic as we meet with credit union CEOs, boards and senior management teams. Some credit unions, generally including those that most enthusiastically support the credit...
Enterprise Risk Management and Capital Budgeting
In our last article in this series, we discussed relative differences in risk appetite among builders and bankers. (You will recall that by builders, we mean those leaders who can “build a hot fire from a matchstick,” while...
Builders, bankers and risk aversion
In this, our last installment in a series of articles on builders and bankers, we’ll take a look at the relative attitudes toward risk of each group (and perhaps debunk some misconceptions in the process). You may recall...
Builders, bankers and risk
Our last article, titled “Builders and Bankers,” highlighted the difference in leadership style between builders and bankers, using the analogy of building a hot fire in a wood stove vs. banking the coals to keep the heat...