succession planning
Should YOU Consider a Fractional Executive?
To thrive in today’s ever-evolving financial landscape, credit unions must adapt, innovate, and strategically manage their operations. One innovative solution that credit unions are increasingly turning to is the fractional executive. Fractional executives are experienced professionals who work, typically as contract employees, part-time or on a project basis, to provide specialized expertise and leadership. In…
Read MoreThe Retired CEO won’t get out of the way… What should the board do?
A very high-profile credit union faces a leadership and strategic crisis that may derail the organization for decades. Here is the situation I have observed from afar. The retired CEO disagreed with the new CEO’s direction for the credit union and won’t get out of the way. He has publicly disrupted the organization’s annual meeting,…
Read MoreDo your employees LIVE your corporate values?
In today’s dynamic business landscape, organizations recognize that corporate values are crucial in shaping their identity, culture, and overall success. We don’t have to look very far to observe situations where the lack of core values has resulted in business failures, reputation damage, fines, legal settlements, and loss of shareholder value. However, values alone are…
Read MoreThe Strategic Org Structure?
Most organizations have stuck with a legacy org structure where the functional silos are clearly defined. The challenge this kind of structure causes is to recognize and respond more quickly to the need for cross-functional and cross-silo projects and initiatives. The re-visualization of the org structure, functions, and roles should align with strategic objectives, not…
Read MoreBuilding a purpose-driven team in 7 steps
Building an extraordinary team is essential for any organization to succeed. However, creating a high-performing team is a complex task, requiring a lot of effort, patience, and commitment from both the team leader and the team members. This article will discuss the steps necessary to build an extraordinary team. Building an extraordinary team requires effort,…
Read MoreDEIB must be done correctly!
Diversity, Equity, Inclusion, and Belonging (DEIB) has become a buzzword in the corporate world, with many organizations attempting to implement DEIB strategies. However, a feeble attempt at a DEIB strategy can be dangerous for the company and the individuals it aims to support. The first danger of a feeble attempt at a DEIB strategy is…
Read MoreAvoiding bad decisions
Decision-making is essential for any leader, but bad decisions can undermine your influence. One of the causes of poor decisions is cognitive biases. Cognitive biases are thinking patterns that lead people to make irrational or incorrect decisions. They can influence our judgment, perception, and interpretation of information, often without awareness. Cognitive biases can be dangerous…
Read MoreLeaders are required to be decisive, but how?
As a leader, you are called upon to make decisions daily. Whether it’s a small decision that affects only a few people or a significant decision that impacts an entire organization, your ability to be decisive is critical to your success as a leader. Decisiveness is the ability to make a decision quickly and confidently.…
Read MoreThe Toxic Boss – 6 X 6
What happens when you have a toxic boss and how to fix it A toxic boss affects your work, job satisfaction, and quality of life. Knowing what a toxic boss does to the organization and the employee is essential. But equally important is to have strategies to manage a poisonous boss situation. Here are six…
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