✅ Check all which apply:
◻ "Big thinking", resulting in needless complexity, overspending and overcapacity.
◻ Lack of justification for decisions.
◻ Top heavy bureaucracy.
◻ Excessive office politics.
◻ Too many middle managers who deliver questionable value.
◻ Duplication of efforts and soaring costs.
◻ Lack of accountability for decline in performance and failed initiatives.
◻ Creation of antagonistic relationships with members.
◻ High employee turnover and low morale.
◻ Failure to listen and respond to criticism .
◻ Corporate narcissism - a brash sense of overconfidence and unjustified hubris.
... "We're SECU"?
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blaming others (like this blog) for things she can't get right is par for the course here now
ReplyDeleteSo .... who's steering the ship?
DeleteI guess the captain of the Titanic blamed the folks for perishing ...
check, check, check, check, check, check, check, check, check, check, CHECK!
ReplyDeletePosting up 2023 Annual Meeting for a couple of hours then taking it down AGAIN sure demonstrates Failure to listen, creation of antagonistic relationship with members, and corporate narcissism. Let's forbid any member from hearing the criticism 29 other members leveled at the board and CEO at 2023 Annual Meeting. We will have to listen to this year's 2024 live stream to hear what members have to say this year. Oh yes, no not one member other than Board or executive team will be speaking this year. What a farce! Can't make this stuff up!!
ReplyDeleteBest of luck to the remaining staff. After 10 years and the last several in management. It was time to walk away. This organization has lost its way. DEI, risk based lending, micro managing, and overall wasteful spending will be the demise of SECU. These polices weren’t needed for 80 years and they aren’t needed now. What happened to doing the right thing and hiring the best candidate for a postion. While I don’t think the ideology of the current board is in the best interests- I don’t believe the 4 self nominated members will be able to change the trajectory of SECU before many more employees find themselves in a similar position as myself.
ReplyDeletethe stark declines at SECU are obvious to all except the board. 4 more until all are replaced
ReplyDeleteThe expansion of worthless middle management bloat is the biggest frustration for me. Always respected how lean SECU was towards the top. So many managers and VPs and SVPs and EVPs and who knows what else now that sit around all day having meetings about meetings and doing nothing that adds any actual value or helps the members in any material way.
ReplyDeleteBet the paycheck is nice though!
We have so many meetings every day asking why things aren't getting done.
DeleteThe duplication of efforts and soaring costs is real. Basic vendor and service agreements are micromanaged by Legal and for whatever reason, IT Sourcing. Branches, just wait until you to endure 3 months of 15 people group emails to change janitorial companies.
ReplyDelete