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How to Make an Impact and a Profit by Mike Higgins

9.99
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How to Make an Impact and a Profit by Mike Higgins

9.99

Length: 22:43

Speaker: Mike Higgins is the CEO at Mike Higgins & Associates.

Synopsis: Credit unions are not-for-profit organizations that exist to serve their members. If this is the case, then why do leadership teams that operate, and boards that govern, choose to fixate upon (and even celebrate) extracting profit from members as THE indicator of success? Shouldn’t the emphasis be upon creating quantifiable economic value for members, with just enough profit-taking to maintain financial well-being? In this session, we will learn how to strike a balance between making an impact and making a profit. We will look at specific examples of credit unions that do this very well, and others that could use a reminder of why we exist, and who we serve.

Event: The How To Conference by CU Water Cooler was held at the Majestic Theatre in Madison, Wisconsin on June 12-13, 2018.

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Length: 22:43

Speaker: Mike Higgins is the CEO at Mike Higgins & Associates.

Synopsis: Credit unions are not-for-profit organizations that exist to serve their members. If this is the case, then why do leadership teams that operate, and boards that govern, choose to fixate upon (and even celebrate) extracting profit from members as THE indicator of success? Shouldn’t the emphasis be upon creating quantifiable economic value for members, with just enough profit-taking to maintain financial well-being? In this session, we will learn how to strike a balance between making an impact and making a profit. We will look at specific examples of credit unions that do this very well, and others that could use a reminder of why we exist, and who we serve.

Event: The How To Conference by CU Water Cooler was held at the Majestic Theatre in Madison, Wisconsin on June 12-13, 2018.

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