The Missing Elements in Strategic Planning Part 2

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.

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Developing Talent Must Be A Strategic Priority

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. 

The environment in which credit unions compete for members’ business has become increasingly crowded and complex, with threats posed by emerging rivals, new business models and the added burden of ever-increasing regulation. Maintaining a shared focus on strategic execution has never been more daunting or more essential.

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Women in Credit Union Leadership Positions

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.

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CEO Succession Planning

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.

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Symposium19 Interviews: DDJ Myers Deedee Myers Shares Effective CEO Onboarding Strategies

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.

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Firefly Credit Union® announces new President/CEO

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.

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