The ever changing industry dynamics facing boards and executive teams require a reinvigorated approach to formulating and executing the strategic plan. Volunteers and management alike are all asking for the same evolution in the dialogue: bigger picture focused, less tactical, more robust discussion, more inclusion, and clear measures of success. The missing element? The proven structure and roadmap to produce meaningful change in the strategic planning process.
Though the executive team sets the course, mid-level leaders must be prepared for strategic execution.
Adapted from the white paper “The Missing Link in Strategic Execution: Developing Mid-Level Leaders,” from DDJ Myers. This white paper includes a description of the eight characteristics of strategically oriented mid-level leaders.
Gender equality is a national topic: what’s the relevance for credit unions? Is there a glass ceiling? What’s a glass cliff? The 2018 NAFCU, DDJ Myers, and BFB Gallagher Leadership Study asked respondent executives and board members their thoughts regarding “executive advancement” in credit unions, and the results highlight contrasting views. During this podcast, DDJ Myers will share some of the results and how credit union directors and executives around the country are responding.
A COMPREHENSIVE OVERVIEW
Credit unions today must embrace the reality of an upcoming wave of departing CEOs and dial in on the strategic implications of a loosely arranged succession plan versus a strategically adopted approach.
DDJ Myers SVP Peter Myers visited the Studio Lounge amongst the conference activities and shared his expertise on evaluating the strategic conversation that leads to actionable results. It’s a topic that occurs often between Board and CEO and Peter helps us navigate the course to ensure a productive and transparent discussion takes place for continued success down the road.
DDJ Myers CEO Deedee Myers stopped by the Studio Lounge with yet another thought provoking topic on how credit union Boards can properly onboard their new CEOs, as there is a lot of this going on today. Deedee takes us through the proper steps to a successful CEO onboarding process, as well as suggesting this practice should occur every one-to-two years to ensure everybody is on the same page and moving forward.
Soliciting assessments helps leaders grow.
An aspect of leadership that sets the old adage “’Tis better to give than receive” on its head is the act of actively seeking feedback. Leaders are often quick to give assessments but may have a harder time accepting them.
BURNSVILLE – Firefly Credit Union’s Board of Directors has named Dale Turner as their new President and Chief Executive Officer, effective in November. Turner’s experience spans several financial institutions. He currently serves as EVP/Chief Sales & Service Officer for San Diego County Credit Union (SDCCU) in San Diego, CA.
DDJ Myers Peter Myers stopped by the Studio Lounge to discuss a very timely topic: “Ideas to Execution: How to Stay Aligned During the Process.” Check it out and let us know your thoughts, as many ideas — especially digital — are brought to the table these days credit union land. How does your organization stay aligned to bring them to fruition? Peter fill us in.