I was working on cleaning up old notes and found some advice we gave to a client a few years ago. Still relevant so I thought I'd share. When mergers don't lead to improvements in income, expense control, efficiency, or…
Why Merge?
Managing PESTs in a Virus Pandemic
One of the great tools for planning, often used along with a VRIO analysis, is a PEST analysis. PEST stands for Political (or Regulatory), Economic, Social, and Technological, and a PEST exercise is a helpful way to identify current and…
CUbroadcast HealthScore Update
Matt and I joined Mike Lawson at CUbroadcast to provide the latest quarterly Credit Union HealthScore update -- and speak to how the coronavirus might impact credit union health and performance over the coming months. Watch below... https://vimeo.com/398994904 About CUbroadcast…
What is Essential to Your Competitive Advantage?
In times of crises companies often cut “nonessential” programs, services, or resources. But sometimes “nonessential” is really just what is easiest to cut or put on hold - and what is cut may really be essential to stability and recovery,…
Yet Another Crisis
At the very start of my credit union career I was working as a teller at IBM Mid-Atlantic Federal Credit Union. Our credit union served, among others, IBM's Federal Systems division. In 1993 IBM agreed to sell that division to…
