This rigorous seminar utilizes a multi-faceted instructional approach that includes lectures, group discussion sessions, case studies and Q & A sessions. It opens with an exploration of many of the core issues outlined in the above rationale:
How our ineffective planning has allowed market evolution to get away from us.
Whywe have historically been poor at designing genuine strategy.
Why we need to excel at strategy-development in the current environment (the compelling need for action NOW.)
What is strategy? Practical guidance for defining the differences between STRATEGY, TACTICS and OUTCOMES.
Why clarity of message is essential if we don’t want to be seen by our marketplace as just another financial institution.
It then goes on to address some of the practical steps we can take to strive for exceptionalism in strategic governance:
Which models of governance most encourage the involvement in strategy development that is a legal requirement for financial institution board members?
How do we retrain our brains to think strategically?
How does a board ensure that strategy development is being undertaken professionally and effectively?
The persuasive argument for directors to improve their understanding of the context of the sector in which they govern (the financial services sector is increasingly complex as the competitive environment undergoes major shifts; the nature of profitability changes and the need for technological solutions becomes more crucial.)
How do we recognize our true competitors even though many of them don’t look like us?
How do we holistically tie together strategic planning, succession planning, tactical planning and contingency planning?The essentials of employing the most basic economic theory – THE ALLOCATION OF LIMITED RESOURCES – to the strategy development exercise.
Strategy design based on market needs and the advantages that credit unions have in understanding those needs.
Improved data analytics to empower the ultimate strategic decisions of what to do and what NOT to do.
The need to look peripherally at success stories in other sectors and to understand the components of successful business models.
This is also an excellent opportunity to plan a full-board retreat! Omni Homestead Resort is the perfect locale for detailed board planning discussions. Contact CUES®, and we’ll help you arrange meeting space before or after the seminars.
Who Should Attend?
This is the perfect opportunity for your board to attend both events together. Be sure to send your:
Supervisory committee members
Past attendees of CUES Supervisory Committee Development Seminar
This is also an excellent opportunity to plan a full-board retreat! Contact CUES and we’ll help you arrange meeting space before or after the seminar.
Substitute attendees are welcome, subject to eligibility. CUES reserves the right to cancel or reschedule the event due to unforeseen circumstances, and will refund fees if the event is rescheduled or location is changed and you are unable to attend.
Attendees can earn continuing professional education credits. This school meets the following standards:
CPE credits earned: up to 20
Program level: overview
Delivery method: group-live
Preparation: no advance preparation is required
Prerequisites: not required for this program
Field of Study: business management and organization
Credit Union Executives Society (CUES) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.