Innovation is the “modern art” of business strategy. Much talked about. Often debated. Frequently misunderstood. And no two people seem to agree on what they’re seeing, Even those who see the value in the end-product will tell you the whole process can be pretty abstract.
Some notes from the road, from former Sand States turned All-is-Now-Grand States, after recent trips to Las Vegas for CUNA Marketing & Business Development Council meeting and Phoenix for MountainWest CU Association annual meeting (and airports inbetween). But first a quick note on something that is clearly not acting its age.
America’s credit unions should be beating a path to Albany, N.Y. right now. And all for a 26-cent cup of coffee. Here’s why.
Call it the gender-non-ender. But for good reason. As I noted a week ago when the issue was a point of focus at CUNA’s GAC, gender equality in credit unions is a semi-talked about issue. While the data show a large number of female CEOs, the practical reality is that those numbers are skewed by the preponderance of women holding CEO titles at small credit unions. The top 100 CUs remain mostly a guy thing when it comes to the corner office thing.
Praise for which credit unions are saying thanks, but no thanks. Millions, schmillions. Extraordinary eloquence in actions and words. Carrot trivia. All of it and more could be found during CUNA’s recent GAC, including:
Maybe GAC should no longer be an abbreviation for Governmental Affairs Conference and instead stand for “Go About Complaining.” And then go home.
What’s that they say about what’s old being new again? Get ready! CUToday.info, which has grown into the number-one digital source of news, analysis, opinion and whatever “The Spin” is, is celebrating six months of extraordinary growth and online traffic by…publishing a print issue.
In a first, NCUA will video “live-stream” its board meeting this week on Thursday.
If you’ve never had the pleasure of attending a real, live NCUA board meeting with the electrifying entertainment that comes with an “I second the motion,” the merriment inherent in a PowerPoint presentation on the NCUSIF’s reserve ratio, or the Katy-Perry-Super-Bowl-Dancing-Sharks-like excitement of watching one of the board members’ assistants whisper into their ears, well… Don’t let me ruin it for you. But be prepared to learn why “live-stream” can be one misleading description.
It’s not true that the Bravo Network is rushing to introduce a new reality show, “The Real NCUA Board Members of Alexandria.” At least not yet.
It’s easy to slip into clichés and stereotypes when it comes to credit union board members. Old enough to have shared some high school carpentry classes with Moses. Like piranhas devouring a carcass right down to the bones when it comes to cleaning out a trade show booth of its tchotchkes. About as open to new ideas as they are to changing their traditional seats at board meetings.