Where Will Your Next Leader Come From?
You’ve had a strong run but you know that you won’t be serving your members in this role forever. Are you confident that when it comes time to pass the torch, an effective leader will be ready to guide your credit union? Leadership development and succession planning have long been a challenge for credit unions across the country. There’s no question that it is difficult to develop those emerging leaders in your organization that you know have the drive and passion to one day take the helm. While there are industry leadership courses available, a well-articulated career development path for credit union leadership – complete with developing leader skills, operational training, and learning “the credit union way” – just doesn’t exist.[TOP]
A Complete Solution
The Mountain West Credit Union Foundation’s Executive Leadership Program was created to find and develop the future leaders of the Credit Union Movement. Unlike many of the Foundation’s professional development opportunities, this program is more than a scholarship, it’s a complete five-year curriculum built to develop leaders specifically for the credit union industry. Candidates that are selected for the Foundation Executive Leadership Program will be funded for immersive instruction in organizational leadership, credit union philosophy, and credit union operations with mentoring and coaching from current credit union industry leaders. [TOP]
The Foundation Executive Leadership Program provides over $20,000 of full funding for five years of credit union leadership development to three candidates in the Mountain West region. The program blends the best-of-class credit union industry courses with professional coaching to guide developing leaders through their immersive training. As a capstone, participants are paired with a mentor to apply the skills they learned in the classroom to real-world situations. The program’s curriculum is divided into four key areas or Quadrants:
- Quadrant 1: Mountain West Credit Union Leadership Institute
The Credit Union Leadership Institute is an in-depth series of workshops designed for credit union leaders seeking greater roles and responsibilities. It is performance based instruction that teaches the art of leadership with well-focused, guided practices that encourage interactive participation and discussions. Participants develop skills and sharpen their abilities to guide employees in superior service, anticipate member needs, foster internal relationships, enhance the credit union culture, and strengthen your credit union’s presence to become a premier financial institution.
- Quadrant 2: Credit Union Development Education (DE) Training
The Credit Union Development Education (DE) program promotes credit unions’ social responsibility and development through interactive adult education and professional networking. By linking credit unions’ past and present, the DE program brings renewed relevance to credit unions’ seven cooperative principles and the philosophy of “People Helping People” providing participants with critical lessons in cooperative principles and credit union philosophy while incorporating challenges credit unions face today. This week-long program includes involved in group exercises, field trips, and issue discussions with speakers from around the credit union system.
- Quadrant 3: Western CUNA Management School
This highly concentrated academic training occurs over three yearly two-week terms. It is specially designed for future leaders who have set credit union management as their career goal and understand the need to keep abreast of developments in our industry. The curriculum covers Strategic Planning, Operations, Finance, Marketing, Lending, Human Resources, Technology, Business Development, Economics, Business Law, Communications, Leadership, and much more.
- Quadrant 4: Mentoring and Coaching
It’s a pretty heavy course load and to help candidates along the way, each is assigned a professional coach and a mentor to guide them down this path. The coach will make sure the emerging leaders are on track, help them sharpen their skills, and encourage them to keep moving forward. Once the classroom training is complete, the candidate is paired with a current credit union leader to serve as a mentor and help apply these new skills to real-world situations. The mentor will guide a candidate through identifying and resolving current issues that require action at the executive level, providing confidence and practical, executive management experience.
This program doesn’t replace your credit union's leadership development and succession planning but it can move it miles ahead, providing you with a strong, well trained leader to advance your credit union into the future.
Ready to Nominate a Candidate?
Only three recipients will be selected from all of the candidates that apply to the Foundation Executive Leadership Program – one from each of the three Mountain West states. There are just three easy steps to nominate your candidate:
- Have your candidate fill out the program application at mwcua.com/felp
- Provide a letter of recommendation from your credit union’s chief executive officer
- Submit the application and letter of recommendation by the deadline posted at mwcua.com/felp to:
Mountain West Credit Union Foundation
Attn: Dr. Dan Santangelo
1009 Grant St.
Denver, CO 80203
Finalists for the Foundation Executive Leadership Program will be invited to participate in a final assessment and interview process. Completion of these two Wonderlic assessments (at the Foundation’s expense) and the interview are required for a candidate to be considered for this program.[TOP]
For any questions related to the Foundation Executive Leadership Program contact:
Dr. Dan Santangelo, Executive Director