The Secret to Future-Proofing Your Organization

  • Share:
strategy

Stategic, planning, leader, leadership

The key to future-proofing an organization lies in how leaders are identified and developed. Many organizations now see a demand for forward-looking leaders with the capability to handle ambiguity, adapt in the face of rapid change and steer the ship in an increasingly technology-driven world. The traditional crutch of going out and acquiring external candidates is still useful for shoring up areas where an organization is weak, but developing leaders from within paves the road to organizational resilience.

urgent topics for organizations graph

Invest in human capital

Investing in human capital is the first step towards resilience. Yet, many credit unions are questioning how much time or money they should dedicate to human capital, or where to invest it. Others are too reliant on self-service online courses, distracted by regulatory line items or perhaps too focused on their credit union’s financial outlook. Regardless of these factors, organizations need to provide a foundation of support that empowers and develops leaders if they want to succeed.

Successful leadership means developing leaders who can act confidently despite rapidly changing technologies, culture and expectations — both externally and internally. Credit unions need to ensure their boards understand that education and succession are long-term investments without immediate return. Organizations should take great efforts to identify the biggest gaps in their current leadership development: what competencies are missing and needed.

leadership requirements statistics

New competencies demanded of modern leadership:

Finally, credit unions should consider utilizing business partners for help in creating career paths and building a foundation for executive positions and growth. Don’t be afraid to take advantage of the cooperative spirit and reach out to other credit unions who are working on the very same initiative!

  • Share:


« Return to "Trends"
TrendScan logo
<< Back to Articles

Latest Trends

  1. Identifying Marijuana-Related Businesses
  2. Cut Through the Noise and Deliver Value Members Want
  3. 3 Key Factors for Creating Good Content
  4. Preparing a Transparency Communication Plan
  5. A Content Management System Will Make Your Life Easier
  6. Enterprise Risk Management — Where to Start
  7. Why You Need ERM in Your Strategic Planning
  8. Credit Unions Could Replace Predatory Lenders
  9. Just How Distracted Are Consumers?
  10. Are You Properly Rewarding Your CEO?
  11. Opportunities and Risks of Banking for Marijuana-Related Businesses
  12. The Quickest Way to Understand Enterprise Risk Management (ERM)
  13. The Easiest Way to Deliver Content for Employee Development
  14. What Borrowers Wished Credit Unions Knew
  15. What Is a DDoS Attack and Why Should Credit Unions Be Concerned?
  16. 5 Things Credit Unions Can Learn from Cyber Attacks
  17. Three ways to up your social media game
  18. Consumer Attitudes Toward Digital Advertising
  19. Are You Ready to Adopt a Continuous Performance Management System?
  20. Omnichannel Delivery: Banking Based On Members
  21. Experience Company Growth and Discovery with Employee-Driven Communication
  22. Should You Still Be Concerned about ADA Website Compliance?
  23. Preparing for Compensation Transparency
  24. Learning Management Systems: What Credit Unions Should Consider
  25. Keep content relevant, short, iterative and engaging
  26. Is Your Credit Union Supported by the Four Pillars of Digital Banking?
  27. The Member Service Experience
  28. 2 Big FinTech Goals for Credit Unions
  29. Bankers associations’ opposition to mergers does a disservice to member banks and to consumers
  30. Become a Tax Resource for Members
  31. Building a Website with the User in Mind
  32. Don't Get Snagged on ADA Compliance Requirements
  33. Volunteer and Young Board Members Need Development
  34. How Useful Are Member Personas for Credit Union Marketing Teams?
  35. The Quest for a One-Stop Shop Financial App
  36. Credit Unions Have an Opportunity to Help Their Members Through Tax Season
  37. Popular DDoS Mitigation Methods in 2019
  38. What's Hot in Performance Management Technology
  39. Americans' Lack of Financial Literacy Is an Opportunity for Credit Unions
  40. The Planning Process - Improved
  41. The Role of HR and Hiring Managers in the Candidate Experience
  42. Anticipating Change with a Succession Plan
  43. The Quickest Way to Find the Right (and Safest) CMS
  44. Credit Union Compensation: Philosophy or Strategy?
  45. The Performance Management Conundrum: Structure vs. Creativity
  46. Americans Trust Their Financial Institutions for Tax Advice
  47. Your Social Media Accounts Deserve Quality Content
  48. 7 Tax Changes Your Members Need to Know About
  49. Common Mistakes in Compliance
  50. 3 Website Design Trends for 2019
  51. Content Marketing: Well Worth the Effort
  52. Three Ways to Enhance Compensation Strategy for an Age-diverse Workforce
  53. 3 Ways Credit Unions Can Prepare for a Cyber Extortion
  54. People Analytics: Bringing HR and Data Together
  55. Why HR Should Take Advantage of Employee Self Service
  56. Consumer Appetites in Mobile Innovation
  57. Continuous Performance Management is Disrupting HR
  58. Do You Know Why Payday Loans Are Used so Much?
  59. Is Your Executive Compensation Still Appealing?
  60. What Credit Unions Should Do with Ambiguous ADA Standards
  61. 3 Succession Plans Your Credit Union Needs
  62. Shifts and Trends to Know About in E-Learning
  63. 6 Factors for Choosing the Right ESS System
  64. The Win-Win Results of Prize-Linked Savings for Credit Unions and Members
  65. Content, Tools, and Channels to Capture Consumer Attention
  66. The Importance of Creating Quality Content
  67. The Process of Crafting a Relatable, Moving Brand Story
  68. 5 Guideposts to Measure Your Brand Promise Against
  69. You Know You Need an LMS — Now What?
  70. Why You Should Invest in an Applicant Tracking System
  71. Selling Payments and Wealth Management Services
  72. Achieving the Golden “Narrative Transport” in Brand Storytelling
  73. The Website Audit Your Credit Union Needs
  74. The Best Compliance Training with New Topics You Will Need
  75. Build Up Membership Through Supportive Savings Programs
  76. Leverage the Resources of Trusted Experts for Tax Season 2019
  77. Prioritizing the Credit Union Employee Experience
  78. Optimizing Websites for Voice: What You Need to Know
  79. Remaining a Player in the New Home-Buying Experience
  80. Predict the Future of Mortgage Lending with Analytics
  81. Conversational Commerce and the Rise of the Chatbot
  82. You Might Already Have the Solution to Your Current Talent Competency Gap
  83. Wanted: Apps for Clarification and Simplification
  84. How to Identify What You Want in an ESS
  85. What others are doing
  86. Identify how chatbots will help you
  87. A Simple Way to Unify Your Marketing Efforts
  88. 4 Steps to Increased Social Media ROI
  89. Serving the Underbanked and Millennials
  90. Is Your CMS the Right Fit?
  91. The Credit Union Advantage for the Digital Customer
  92. Prepare for integration
  93. The Secret to Future-Proofing Your Organization
  94. Don't Undervalue Your Brand Promise
  95. The Dream Team for Successful Online Customer Interactions
  96. Making Sure You Have the Right Leaders in the Right Seats
  97. Are You Missing Out on the Power of Video?
  98. Caution: Customers Don't Always Ask for What They Want
  99. Empowering Employees and HR with the Latest Technology
  100. Keeping Up with Digital Lending Convenience
  101. Are Your Landing Pages up to Snuff?
  102. How Credit Unions Can Formalize the Branding Process
  103. Do you need a new compensation strategy for multigenerational staff?
  104. What the C-Suite Wants out of Social Media
  105. Credit Unions Can Compete with Shadow Banks
  106. How to Generate Content with Fewer Resources
  107. 3 Factors Impacting Credit Union Compensation Plans
  108. Underestimate the Onboarding Process at Your Peril
  109. Don't Underestimate the Power of Financial Education
  110. How Credit Unions Can Embrace Storytelling in Marketing
  111. Leveraging Social Media for Member Engagement
  112. If Your Site Isn't Mobile Optimized, You're Losing Out
  113. 3 Brand Promises Credit Unions Can Learn From
  114. Protect Your Credit Union with a Website Accessibility Response Plan
  115. Finding the Best Platform for HR Technology

Related Trends

  1. The Secret to Future-Proofing Your Organization
  2. You Might Already Have the Solution to Your Current Talent Competency Gap
  3. Bankers associations’ opposition to mergers does a disservice to member banks and to consumers
  4. Enterprise Risk Management — Where to Start
  5. The Quickest Way to Understand Enterprise Risk Management (ERM)
  6. Why You Need ERM in Your Strategic Planning
  7. Opportunities and Risks of Banking for Marijuana-Related Businesses
  8. Identifying Marijuana-Related Businesses
  9. The Best Compliance Training with New Topics You Will Need
  10. Anticipating Change with a Succession Plan
  11. Is Your Executive Compensation Still Appealing?
  12. 3 Succession Plans Your Credit Union Needs
  13. Credit Union Compensation: Philosophy or Strategy?
  14. Learning Management Systems: What Credit Unions Should Consider
  15. 3 Factors Impacting Credit Union Compensation Plans
  16. Making Sure You Have the Right Leaders in the Right Seats
  17. Shifts and Trends to Know About in E-Learning

Industry insights
to your inbox!

Subscribe