Welcome to the age of chaos. Adaptability and change are the new standards for everything. Uncertainty and haste are the new normal. Recent news reports say people are only willing to wait 250 milliseconds for a search on the Internet. Google and Bing offer replies in less than a second. And that’s still not fast enough for us.

Add to that a bottlenecked Congress and the unrelenting pace of new regulations being trotted out seemingly on a daily basis, and it’s no wonder those of you in the credit union industry are feeling overwhelmed. After all, how can you evaluate risk and opportunity when the fundamentals of your business may change suddenly?

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Peter Westerman

 

Credit Union Times

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