D. Hilton Associates, Inc.’s Post

Okay, so I'm a recruiter. It may seem counterintuitive for me to share an article about ways to AVOID working with someone like me, but that's what I'm doing today. This is a wonderful article by Jill Nowacki that highlights how credit unions (or any organization) can do a better job of nurturing talent within their own walls. #creditunions #dei #succession #successionplanning #recruitment #leadership https://lnkd.in/e83724cy

How can we promote staff development in credit unions? This recent The article shares the benefits  of offering professional development opportunities to credit union staff, which is spot-on, and here are a few thoughts that resonated with me: 1. Attracting and Retaining Talent: Recruitment and retention are top challenges, and professional development can be a game-changer. Offering growth opportunities sets credit unions apart and keeps motivated employees engaged and loyal. 2. Future-Proofing Through Learning: The financial landscape is evolving rapidly with technological advancements. Bridging the skills gap through professional development ensures our teams stay competent, confident, and aligned with member expectations. 3. Culture and Succession Planning: Professional development isn't just about job performance—it's about nurturing a strong credit union culture and preparing future leaders. Smooth transitions and minimal disruptions are key to sustained success. Encouraging knowledge sharing, implementing mentorship programs, and embracing innovative learning approaches are steps in the right direction. Let's invest in our people today for a brighter, more resilient credit union tomorrow. #CreditUnionInsights #CreditUnionLeadership #Leadership

Credit unions and new board members share a dual responsibility for new director orientation. While new directors must prepare themselves to do well in their new role, credit unions should also look at what they can do to help orient incoming board members. Read the latest special report from CU Management for more ways a comprehensive director orientation is so important. #CreditUnions #governance #boards #onboarding #DirectorOrientation #SpecialReport https://hubs.la/Q022NXh20

After gaining twenty-five years of experience in structured finance at big banks, Ian Sterling joined Flagstar Bank with plenty of examples of leaders—some good and some not so good. As a result, he went into his role knowing exactly the type of leader he wanted to be: one with integrity and one who always does the right thing for the firm. Mentorship and a focus on retention, in Sterling’s opinion, are very important attributes of the best managers. "If your people leave, that naturally causes problems, whether it’s a dip in morale or wasted resources and energy on trying to fill job openings," the SVP and associate general counsel explains. "Retaining talent is important to any organization, but people in senior management sometimes lose sight of that fact." #ModernCounselMag #GeneralCounsel #LegalIndustry #LegalProfessionals

Credit unions and new board members share a dual responsibility for new director orientation. While new directors must prepare themselves to do well in their new role, credit unions should also look at what they can do to help orient incoming board members. Read the latest special report from CU Management for more ways a comprehensive director orientation is so important. #CreditUnions #governance #boards #onboarding #DirectorOrientation #SpecialReport https://hubs.la/Q022NXh20

👉Success isn't about always being right; it's about having the guts to admit when you're wrong, and then making the necessary changes. As credit union leaders, we must embrace the idea that being wrong is really just a stepping stone to growth. What you once believed was your credit union's “golden strategy” might just have been what was holding it back. 💡 Opinions are like... well, you know the saying. Everyone has one, and that's valuable. But when we treat our opinions as infallible facts, it can disrupt productive credit union strategic planning sessions and hinder your credit union's success journey. Ready to steer your credit union in the right direction? Learn more insights here: https://loom.ly/r8QpYXA #StrategicPlanning #GrowthMindset #AskTheQuestion #CreditUnions #Marketing

According to America's Credit Unions, as of year-end 2023, 2,106 of the 4,700 credit unions have fewer than ten employees, and 2,149 (46 percent) had fewer than ten FTEs. Assuming the (high) majority of those positions are non-management positions, that leaves a lot on management to effectively, compliantly and profitably run their credit union! Thus, the need for collaborating with others!

Governance in Credit Unions: A unique blend of ownership and democratic governance sets credit unions apart. Members play a pivotal role, electing directors who reflect cooperative principles. The Commission's Corporate Governance Guideline ensures the election of qualified independent directors, enhancing governance without disrupting existing processes. #FSCBarbados #FinancialJourney #NonBankFinance #Transparency #PublicAccountability #Integrity #Excellence

It’s easy to make succession planning a check-the-box exercise. But it should be more than just a requirement. It’s time for succession planning to become a natural part of other organizational, strategic and tactical business planning exercises. And credit unions have the opportunity to show all organizations how it should be done. #hrcommunity #successionplanning #hrleaders #businesscontinuityplan #hrstrategies

Jeff Smith was recently interviewed by the Wichita Business Journal to highlight the growth of our company during volatile markets and how our unique approach helps our clients. "In our firm, this is not viewed as a sales role, it is a service role," he said. "We are here to support, really, these tax and accounting clients that we already have. Our job is to add value. When you add value, you get a more meaningful relationship and you get more longevity in a relationship." Read the interview at the link below. >> >> https://hubs.la/Q0282bJb0 #Wichita #wealthmanagement #HolisticWealthManagement