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CEO Search Considerations: Activating the Legacy

Activate your future leadership with the power of institutional knowledge.

By Susan Mitchell | Updated on March 03, 2017

Connecting people to new positions through networking and recruiting is my passion, but how it’s accomplished today has changed significantly. For more than 20 years, Mitchell, Stankovic and Associates has dedicated resources to leadership development for executives and volunteers within the credit union industry. There used to be 100 resumes for any one CEO position and now there are fewer than 20, and they’re mostly from bankers. You have to roll up your sleeves and engage with executives who are already in great positions. It is not only about compensation, it is about matching talent to culture!

The pace of business creates a dynamic, competitive environment and success is directly related to the leader’s ability to execute key strategic initiatives in a manner consistent with board directives and member expectations. Credit unions are expected to face a leadership crisis in the next five years. It may be time to activate the legacy – to get the most out of the credit union’s legacy team members and activate future leadership with the power of institutional knowledge.

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