Moving your credit union forward in today’s world of economic scarcity, increased regulatory burdens, and significant uncertainty requires each of us to comprehensively rethink traditional credit union processes, systems, direction and those that we employ to do the work. Our fledgling bottom line is too lean, issues are too complex, budgets are too tight, and the stakes are too high to settle for the status quo, or “how we have always done it…”
Rethinking the way you approach your business doesn’t mean that what we are currently doing is completely broken, it’s just one of the ways to continually improve what you have, so you have more of it, to provide to members and other stakeholders… And isn’t creating more economic value for the members the primary reason why we do what we do?
We encourage you to read the following article by Aaron Levie, a Gen X’er, who also happens to be founder and CEO of Box.net – one of the largest, highly successful cloud computing enterprise providers in the world – whose company is less than five years old and has $30 million in funding. Aaron is the visionary behind Box’s product and platform strategy.
His article “Building the Simple Enterprise” drives home some strong lessons we need to adopt, and has broader implications on the success of all credit unions in the future.