Musings from the CU Suite

Dec 16, 2022

Your NAFCU Weekend Reading Pile

Written by Anthony Demangone, Powered by NAFCU

I’m a huge fan of the Yellowstone series. The Dutton Ranch. Rip and Beth.

But I have to say, this year is dragging a bit for me. Some of the story lines seem tired. Some of the characters have stalled. The initial buzz seems to have worn off.

Yellowstone isn’t alone in that. It happens to a lot of shows. There likely is a crisp story line. But once that is done, and more episodes are needed, things can go downhill.

And it happens in the corporate world. My favorite illustration of this is the fictional world of The Office, where the Friday Hawaiian Shirt Day has lost its luster.  Something that was likely fun and new, loses luster as the calendar marches forward.

I’m sure all of us has an event or process that fits into this category.  It was great back then. But the fire is gone. But you keep doing it out of organizational habit.

It might be time to refresh it. Before it gets cancelled.

Enough of that! Now on to this weeks’ reading pile!

  • The best new business books CEOs read in 2022. (Fast Company)
  • What surprisingly low November inflation data means for 2023.(Grid)
  • Why aren’t there enough workers? (Ritholtz)
  • FOMU – the fear of messing up. (Shep Hyken)
  • In your own way, when you can, be this guy. (Reddit)
  • Americans are draining the money they saved during the pandemic. (Vox)
  • The quiet disappearance of the safe deposit box. (The Hustle)
  • 41% of Americans say they don’t use cash at all to make purchases through the week. (Pew)
  • 12 ways to start 2023 on the right financial foot. (Entrepreneur) Many people seek financial advice. Search Twitter and you’ll see hundreds of accounts helping people save more, make better decisions, etc. Credit unions should give the advice! Also, many are trying to create an emergency savings fund. Does any FI have an account designed and marketed just for that reason? It would gain traction, especially in the new year.

About the Author

Anthony Demangone, Executive Vice President and COO, NAFCU

Anthony Demangone, NCCO is Executive Vice President and Chief Operating Officer at NAFCU, where he oversees day-to-day operations and manages the association's education, marketing, membership, human resources, building facilities, finance and information technology functions. He also authors NAFCU's executive blog, Musings from the CU Suite and co-authored "Managing and Leading Well," a book for credit union leaders, with NAFCU President and CEO Dan Berger.

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