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Succession Planning: A Strategic Imperative
Posted on Jul 28th, 2011
Related Products & Services: Succession Planning, Our Work with Credit UnionsThis past month, I attended a Deloitte conference hosted by their Center for Corporate Governance, including 1,000 directors across 30 locations, live from New York City. One of the most important topics and issues discussed is the board’s approach to succession planning. The departure of your CEO is the most important and challenging board responsibility. […]
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Trends Support Need for Transformational Governance
Posted on Jun 16th, 2011
Related Products & Services: Strategic Communication, Effective Board GovernanceLast week I attended a conference in New York City hosted by the National Association of Corporate Directors. Core to this organization is the belief in education of directors who serve shareholders and other important stakeholders. Here are some directional issues that will redefine standards and behaviors and will require boards to transform their governance […]
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The Collaborative & Innovative Strategic Leader
Posted on May 18th, 2011
Related Products & Services: Our Work with Credit Unions, Director Education, Effective Board GovernanceHaving just returned from NACUSO’s 2011 Annual Conference in Las Vegas, I thought it would be appropriate to share some perspective on current issues and trends that will impact your credit union and its ability to survive and thrive. Gigi Hyland, Board Member, NCUA, spoke about the unprecedented challenge of addressing the worst economic recession […]
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Transformational Governance Includes IT Vision, Grasp
Posted on May 6th, 2011
Related Products & Services: Our Work with Credit Unions, Director Education, CEO and Board RecruitmentLast week I attended a governance conference in New York City. The primary focus of the meeting was education of directors who serve members and other important stakeholders. The real challenge that CEOs and boards face, is to learn as fast as the world is changing. This implies a commitment to strengthening our skills to […]
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One Leadership Lesson: The Learning Never Stops
Posted on Apr 7th, 2011
This past month, I was invited to deliver a leadership presentation to a group of international business students at Stony Brook University at the request of a business colleague I have known for over 25 years. These exchanges of content are an enduring commitment we make to the community. Our hope is that the fundamental […]
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The Leader’s and Director’s Role in Managing Risk
Posted on Mar 11th, 2011
As the snow from this very harsh winter begins to melt, those of us who are golfers begin the transition from the winter doldrums to a hopeful new season. One way to prepare your body and your mind is to watch professionals play on televised tournaments. In analyzing the professional swings, I am always struck […]
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Beyond Financial Literacy: The Board’s Role in Managing Risk
Posted on Feb 22nd, 2011
Related Products & Services: Our Work with Credit Unions, Enterprise Risk Management, Director EducationOn January 25th, 2011, The Credit Union Leadership Forum held its first Web Seminar entitled, “A Practical Perspective: Regulatory Realities”, featuring Paul Peterson, NCUA Associate General Counsel, Teresa Halleck, President & CEO, San Diego County Credit Union and Sarah Snell Cooke, Editor-in-Chief, Credit Union Times and myself. We discussed the practical and real-world implications of […]
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What Boards, CEOs Can Do to Improve Communication
Posted on Feb 4th, 2011
Directors desire a stronger line of communication with the CEO than is presently acknowledged. Sometimes lack of dialogue is a byproduct of board rules, including requirements for executive sessions without the CEO present. Sometimes it stems from failing to make such conversation a priority. Committing to an intelligent exchange of ideas with your CEO will […]
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Successful CEOs Share Information With the Board
Posted on Feb 3rd, 2011
Related Products & Services: Our Work with Credit Unions, Director Education, Effective Board GovernanceAs we consider regulatory changes for board governance and the business environment gets more complicated, boards and CEOs have to define and clarify their roles and responsibilities. This will require more direct communication and understanding of strategy. Committing to an intelligent exchange of ideas with your CEO will require some discipline, but will yield a […]
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Reaching out to Directors
Posted on Dec 15th, 2010
Most corporate citizens would agree that corporate directors are among their most important and most demanding constituencies. But ironically, we think that Directors are among the most under-served constituencies of all – at least where “reaching out” is concerned. Here are a few things that are normally sure to please Directors…plus some hints on prepping […]