Life hacks. They pop up on your social media feed all the time. Hammer time? Use a clothespin to hold the nail. Crazy cords? Organize them with a repurposed paper towel roll. They’re smart strategies to manage daily activities in a more efficient way. For a small credit union, some of the best efficiency-driven life hacks – or biz hacks, if you will – are technology driven. They’re simple tips to play smarter and gain an edge against your bigger competition. We have five favorites. Here’s number two.
Open and honest communication forges strong bonds between friends. Apply that same thinking organizationally, between lines of business, and you may discover the same outcome. Have IT work with the line-of-business to understand its challenges (its vulnerabilities) and create solutions to solve those problems.
Go one step further and make your technology vendor your partner. Attend user meetings and conferences, pursue training, and create connections with other like-minded credit union leaders.
As a small credit union, you likely already embrace the hack lifestyle, because you work with what you’ve got, improvising solutions to everyday challenges. As long as you play smart, you’ll dominate the competition.