With the current pace of business increasing, it is hard for executives to pause from daily responsibilities and focus on strategic conversations. Immediate responsibilities take priority and work schedules fill up quickly. While you and your team get caught up in day-to-day tasks, the marketplace changes and evolves around you. This is precisely why taking time to discuss strategy is more important than ever.
Enter Strategy Lab, a program designed specifically to help credit union leadership teams take a step back and focus on issues of strategic importance. What forces are changing the credit union marketplace and how will these affect your business in the future? Callahan’s Strategy Lab takes this conversation and sets it within the four walls of your organization. You pick the topics of the most importance to your credit union based on your long-term goals and unique member environment. Callahan will bring the context and expertise needed to get your team thinking, talking, and acting strategically….as a team.
What is included in Strategy Lab?
Cybersecurity isn’t an IT issue; it’s a leadership issue. This exercise explores the real stakes for a credit union and its members and highlights why some elements of a credit union’s cybersecurity program cannot be delegated.
New players with different business models are competing for credit union members. This lab looks at who these players are, where the competition lies, and what collaboration opportunities might lie ahead.
Effective strategy is a process more than a plan, and doing it well requires a mindset that can frame today’s initiatives as one step on a longer path. This lab helps credit union leaders do just that and also helps put that path in the context of members, communities, and competitors.
As the credit union industry becomes a larger force in the financial services marketplace, more credit unions are considering whether mergers might represent a viable growth strategy. This lab examines different ways to think about mergers and other cooperative growth strategies.
These are just four of many topics Callahan can facilitate at your organization. Contact us today to request a full menu of topics or to learn more.