Stick figures explain the subprime meltdown
May 22, 2008 – 11:23 amWARNING: Great presentation, but uses a little vulgar language. And you may need to view it fullscreen @ SlideShare to read it.
Customer friendly marketing from Mint
May 21, 2008 – 8:12 amHere is the latest marketing piece from Mint. It arrived in my inbox last night as a friendly reminder to avoid any fees. Oh yeah, notice that they do slip a subtle little marketing message in at the bottom of the email. About a beta product! If only credit unions were this smart. Or could design gorgeous marketing material like this.
Trying to get caught up after the CUES Experience
May 20, 2008 – 9:28 amLike Brent mentioned at OSCU a few days I ago, I’ve been putting off writing another entry in my blog until I can make it perfect and in the mean time it’s been like 3 weeks since I posted. Way to long.
The CUES Experience rocked. It was the youngest credit union conference I have been to yet. It was very refreshing to see so many new credit union people and young professionals excited about credit unions.
Kuhlmann from ING gave it to the credit unions. He rocked. If a bank can be so focused on their story that they fire customers, why can’t CU’s. It makes me sad that so many CU’s are going after growth for the sake of growth with community charters and are trying to be everything to everyone. Stick with your story, but find new ways to make it work! Your story rocks! Use it.
NACUSO and Finovate
May 2, 2008 – 8:55 amHindsight being 20-20, I wish I could have been in two places at once. We had a MaPS entourage at NACUSO (4 employees and a board member) and we had a great time. The conference was in the Wynn and very well put together. Personally, I get more out of the networking opportunities during the days and nights than I do out of the sessions. NACUSO’s big thing now is the Center for Collaboration and Innovation. Maybe I’m just being cynical, but it seems many of the large CU’s say they want collaboration but don’t really support that. They also say they want innovation, but I’ll bet less than 1% of the attendees of NACUSO knew Finovate was going on.
The products and discussions going on at Finovate is where the true innovation currently is in financial services and I feel like so many credit union folks are completely missing the boat. The NACUSO conference was awesome and I’ll go back next year as long as it isn’t the same time as Finovate. We’ve got to find a way to get the people and companies at Finovate to interact with CU people. That may be at NACUSO or somewhere else, but I think the real opportunities for innovation are happening outside of the CU industry at the moment. NACUSO, Filene, and many others are trying to change that, but right now it seems many of the future-building conversations are happening at BarCamps, Finovate, or elsewhere.
Thoughts?
The joys of disaster recovery
April 22, 2008 – 12:29 pmAfter moving from the CU to the CUSO, I’ve had the opportunity to interact with many more CU people across the nation. One thing I’ve noticed is the massive amount of resources (time and money) spent on disaster recovery and business continuity. Obviously, getting a credit union back up and running after a disaster is critical. Surviving said disaster is equally important. At our last all staff meeting the topic of bird flu came up and some of the preparations that our credit union is making from a business continuity perspective to keep the credit union operational in that period of time. There were a few chuckles around the room, but ultimately, we’ll be prepared if and/or when something of that nature happens.
All of this disaster stuff I see at work started making me change some of the stuff I do at home too. Like Brad Garland, I too have started to remotely store all of our family pictures, videos, etc off-site, meaning not in our house. The analogy I always use was if you house burned down and you could only take one thing, what would it be? For me, it was my computer housing all of our pictures, but now that they are backed up, I don’t have to worry about it.
Continuity is defined as the “absence of interruption”. This has also made us change some of the other things at home. We try to keep good batteries in the flashlights, enough water for a few days for us, the
dog, and the cat, and a few basic non-perishable foods around. A tremendous resource for at home business continuity and disaster recovery is ready.gov. They have great info about creating a preparedness kit, how to deal with animals, and many other aspects of general preparedness. If we all have to do this stuff everyday at work, it probably would be beneficial to do it at home as well.
If only email was more like…
April 15, 2008 – 3:51 pmTake a short trip back in time with me…
I think that email should only be controlled by a selected group of companies around the United States. Heaven forbid that anyone could send an email!
Then each of those companies could charge money for every email sent across Al Gore’s internet. Nothing big, just a penny or two per email would suffice. That would stop spam, right?
As the need for email grows, said companies decide they can make more money charging other people to use their email service in bulk. So they decide to let small companies send files to the big boys for processing and charge them a file fee.
Pretty soon Joe Consumer decides email is cool because he uses it at work and decides he wants his own. Well, only a few of those big boys offer service to the little folks so he pays $.50 for every email he sends because he can’t get a bulk discount.
The popularity of email takes off and the big boys, trying to make the little folk happy, say, “Hey, since we are so nice, we are going to process all of your emails every morning! That way it’ll only take a few days to get to the destination!”
That all sounds like fun, right? Can you imagine waiting for email for days? Or even the thought of paying for them?
So why in the world do we accept it when we transfer our own money with ACH?!?!
It’s no Keynote, but…
April 11, 2008 – 11:02 amI put together my first presentation for CUES earlier this week and posted the preview to it on the fi-linx blog. My goal was to have zero bullet points. Deposit Reclassification is a very boring, detailed topic that is not very interested to anyone but a CFO so I tried to make it half-way entertaining. Needless to say, if you ever wanted to know what I really do, take a look at the presentation. The download has all of the notes for each slide as well. It is designed for me to walk the audience through the concept so it may make more sense with the notes.
I intently studied some of Tim’s awesome presentations with Keynote and I was very impressed. Keynote rocks, but I’ll leave the crapple* to the apple “fan boys”. And Denise.
*crapple - combintation of crack apple or crap apple, depending on your point of view.
Visual and Creative Thinking
April 7, 2008 – 4:21 pmI’m build a presentation for an upcoming event and was cruising around slideshare.net for some inspiration. I stumbled onto Visual and Creative Thinking and not only was the design great, but the content is stellar. It is a must read for CU execs!
