LAS VEGAS – Early in his session at CUNA's America's Credit Union Conference Monday, Mark Sievewright read a group text conversation he had recently with his three children aloud to attendees. In the conversation, he mentioned he had a 90-minute presentation scheduled at the conference, to which one of his kids replied that he couldn't possibly hold anyone's attention for that long.
This raised two points about millennials, Sievewright said: First, they have much shorter attention spans, and second, they have no problem communicating over text but usually refuse to answer the phone. The group chat story also led to a takeaway for credit unions.
"If you don't adapt to the way new generations are doing things, you're going to lose and be irrelevant," he said.
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