Welcome to the New Year!
To get this year off on the right foot, let's take a moment to fill up our knowledge cups with a few little goodies. Here are five easy articles to get your mind ready and recharged for 2024.
Looking at 2024 and beyond, credit unions must recognize that data leadership is not a one-time initiative but an ongoing journey. By investing in data governance and advanced analytics and focusing on members, credit unions can position themselves as trusted financial partners that meet the evolving needs of their members in a digital-first world. Read more
Harnessing your enterprise data is not about having the latest technology or hiring new talent; it's about leveraging what you already possess to serve your members better and achieve your credit union's "Why."
Yes, you read that right – we'll explore how your credit union can activate its data superpowers with what you already have. Read more
Gartner's 100 data analytics predictions for 2025 offered this data-driven transformation roadmap. Let us dive into this a bit deeper. Read more
In today's rapidly evolving business landscape, credit unions must continually adapt and innovate to stay ahead. One powerful tool that has the potential to transform the way credit unions operate is Artificial Intelligence (AI). A recent Forbes article titled "Using Ecosystem Thinking to Build an AI-Powered Enterprise" highlights the importance of embracing ecosystem thinking and leveraging AI to drive growth and enhance member experiences.
Here are considerations for credit unions to consider as they harness the power of AI to build a thriving ecosystem that serves their members effectively. Read more
The mission of a Credit Union data governance program is to give a formal structure to its data. It also manages data access, quality, and security throughout its life cycle. Data Governance is foundational to any Credit Union data efforts. It is so essential that it is well on its way to becoming an audit item. Unfortunately, VERY FEW Credit Unions have formalized programs. Read more
Elevate your data leadership with the
Data isn't just a tool in credit unions—it's the key to unlocking new opportunities, improving members' financial lives, and achieving your credit union mission. The Data Activation Series is your ticket to becoming a confident, capable, and proficient data leader. It's about making data work for you, your credit union, and your members. It's your passport to a data-driven future where you lead confidently and shape your credit union's destiny.
Registration for 2024 Sessions is available NOW!
Ready to
create an aligned, strategic data destination?
We can help your credit union unlock the full potential of your data to elevate its members' lives.
To help credit unions harness and use their data, we partner with you to develop a member-centric, multi-year data strategy to solve member friction. We determine the data needed to solve the use case and help build the solution. Along the way, we deliver the following;
an enterprise data vision statement
a member-centric data strategy based on actual member data
a data governance foundation
best practices for data analytics capability
a comprehensive data roadmap
a data success scorecard
Data Strategy
CASE STUDY:
First City Credit Union
Learn how First City Credit Union partnered with THRIVE to help them identify their gaps in existing data efforts, gain clarity on member needs and wants, and build a multi-year roadmap for data success.
תגובות