Does the board of directors possess the experience, knowledge, skills, and expertise that are most important to your credit union?
Does the board of directors, when looking at all members collectively, have a good balance of members in the Learning, Lifting, and Leaving phases of board contribution?
Is the board of directors holding all members accountable when it comes to commitment and contribution to the board, and asking non-contributing members to leave the board?
Are you proud of your credit union’s board of directors?
Is there an orientation and training process in place for new board members?
Is the credit union constantly on the lookout for potential board members?
Does the board of directors have a good idea about when members may be retiring or resigning from the board?
Does the board of directors have a plan that will ensure the continuity of board leadership?
Does the credit union have a board member succession policy?
Does your credit union’s board of directors adequately represent your membership and/or the demographics of the geographic region/s where you have a presence in terms of demographics such as gender, age, and ethnicity.
Oh No!
It seems like there may be some issues with your board succession plan at your credit union! Make sure you watch the full video to get some helpful tips on how you can create a formal succession plan, as well as learn why having a succession plan is so important!
As a reference, you only answered Yes to {number correct} of the 10 questions!
There is Room for Improvement!
It looks like the board succcession plan at your credit union could be improved. Make sure you watch the full video to get some helpful tips on how you can create a formal succession plan, as well as learn why having a succession plan is so important!
As a reference, you answered Yes to {number correct} of the 10 questions.
Great Job! Your CEO's Compensation Package Shows Value!
Awesome! It seems like your credit union is doing a great job of creating a formal board succession plan. You are on the right track to reaching the peak of your board performance!
As a reference, you answered Yes to {number correct} of the 10 questions! That is great!