Items Tagged with 'asset'

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Communication Key in Controlling Expenses

Explaining the financial implications of decisions enhances your ability to cut costs, CFOs say.
April 17, 2013
This runs counter to the stereotype of the CFO who hides in an office, emerging only to growl at co-workers who seek to spend money in unexpected ways.
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A Renaissance Man

 ‘You have to wear a lot of different hats every day. It keeps me motivated.’
June 1, 2012
As the president/CEO at $24 million asset Connection Credit Union, Silverdale, Wash., Scott Prior enjoys the variability of daily challenges
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The CFO’s Merger Role Expands

CFOs are expected to take a leadership role in the merging CUs’ cultural transformation.
April 20, 2012
In the past, the CFO focused solely on financials during mergers. That’s no longer the case.
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2012 Governmental Affairs Conference

The 2012 Economy: ‘Good, Not Great’

CUs should prepare for 'painfully slow' loan growth.
March 21, 2012
Barring any major shocks, the U.S. economy should experience gross domestic product growth of 2.5% in 2012.
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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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