You may have already heard …or maybe you’ve found out the hard way… Auditors are cracking down and enforcing stricter regulations when it comes to Strategic Technology Planning.
If any of these sounds like you, your credit union may be facing some findings on your next audit.
Credit unions across the country are crossing their fingers and hoping their strategies are strong enough to avoid findings on their exams. If you want to feel better prepared but are unsure of where to start…
As simple as it may sound, begin with a self-assessment.
Ask yourself – and your leadership team – questions like:
Pay close attention to the areas in which your responses are “no.” Ask each other “Why?” and “What can we do to improve/fix this?”
Make it a priority to address the issues you uncover in these conversations. Don’t wait! These strategic plans take 4-6 months from beginning to completion. Make sure you’re giving yourself and your team enough time to find the best solutions for your members.
Pro Tip: Start early! Plan to kick off your Strategic Technology Planning project in the beginning of January.Let our experts guide your credit union through efficient strategic assessments and planning sessions.
We are already busy helping credit union teams just like yours develop Strategic Technology Plans and ace these audits.
It doesn’t matter how far you are in your technology planning, we’re ready to help you: