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One of the critical components of success in business, no matter the industry, is executive leadership. It seems like a no-brainer, but the nuances of true leadership can be tricky to navigate. For example, a good credit union leader may encourage employees to share ideas and feedback. A great credit union leader both empowers and inspires his or her employees, nurturing a culture of innovation, collaboration and ultimately, growth. At the other end of the spectrum, executives who utilize rigid, top-down communication styles tend to stifle others’ creativity, resulting in employee inhibition and organizational stagnation.

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