Can we start a wave? Is there any collaborative coordination power left in the credit union industry today?
Has the industry lost the ability to leap forward. Did we ever have, or have we lost the ability to coordinate an industry effort beyond what is contributed through stand alone organizations. In other words are we now limited to activities through ownership alone. How would we start a wave of expectations through the industry? Where is the collective coordination power centers in the industry today? If you challenged that an organizations true corporate foot print was defined by three parts; what it owns (O), what it controls (C), and what it influences (I)- so the total power in play for the membership is T= O+C+I. Is it not reasonable then to assume if a portion of the industry is already too far behind the competition to grow through O, that is might not compensate by expanding C and I. What kind of activities would you do to expand C? I? Who would have such capabilities? What strategies would they use?
Can we start a wave? Can we be at the center of new pools of influence? control? Can we afford to wait for significant ownership consolidation before our industry has lost all of the clout on numbers? We must use collaboration to consolidate what we do NOW.
April 18th, 2007 at 5:19 pm
Today I was speaking with Pete Crear at the World Council and he was telling me about a new generation of coops where investors get the cooperative started. It is being done in the agricultural industry and very innovative. Another way of looking at the future – when you get out of the box. Thoughts?