Apply the Rigor of financial management to talent development
5 steps to take
Credit unions spend a lot of time and effort managing their financial capital. I think the time is near when they will manage human capital with equal rigor—and benefit greatly from doing so.
Think about what your credit union does to make sure its financial position is poised to drive the organization's success: You establish the importance of capital management. You assemble smart, well-trained people to focus on it. You charge that group with setting forth your overall philosophy, linking that philosophy to your response to several possible future scenarios, and creating an organizational action plan to achieve the results you want.