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Prof Hans Rosling has a 4-minute video using 3-D graphics showing how health, the economy and poverty relate over time in different countries. It has some lessons that may interest our network members as we all try to improve our communities through credit unions. And I'd love to learn how to use those graphics in my presentations! Check it out if you have a minute: www.youtube.com/watch?v=jbkSRLYSojo
Challenges Facing Women in Leadership Positions, Community Outreach, Engaging the Next Generation of CU Members, Facilitating Greater Access to CUs Worldwide, Financial/Risk Management, Growing CU Market Share, Marketing, Member Discussions, Member Service, Networking, Regulatory Issues, Technology
Attending a recent leadership seminar, I found this Business Week article that compared women's leadership traits with those of men. Women scored better on almost every trait. Read the full article here to learn more:
International Credit Union (ICU) Day® is celebrated globally throughout the movement. This year's ICU Day theme, "Credit Unions Build a Better World", celebrates the important economic and social contributions credit unions make to their communities worldwide. Financial cooperatives around the globe will celebrate their heritage and contributions today, Oct. 20.
CU Currency's Tim McAlpine shared three unique ICU Day videos this morning on his blog "Credit Unions Matter". You should check it out - http://www.currencymarketing.ca/blog/introducing-three-epic-music-videos-that-all-credit-unions-c.html.
How are you celebrating ICU Day?
Yesterday I received an email from a colleague who works at a university in Nairobi, Kenya. The one line email had a link to a talk given by the COO of Facebook - Sheryl Sandberg in December, 2010. You can hear the talk by clicking on this link Sheryl Sandberg Talk. For those of you who don't have the 15 minutes to listen to the talk (which I can appreciate), I thought that it was worth sharing Sandberg's three points:
1: Sit at the table.
2. Make your partner a partner
3. Don't leave before you leave
Are you curious about what those three points mean? If yes, go ahead and listen to her talk. I put it on in the "background" as I did other tasks and at minute 11 (of 15), I realized that her points were carefully thought out and insightful.
Hope to see many of you at the Forum coming up in Glasgow in a few weeks!
Take a few minutes to listen to this podcast created in Northern Ghana. Sweeping Away Old Attitudes is the first step to creating opportunities for girls, women and leaders of the future. Sweeping Away Old Attitudes in Rural Ghana may be heard at: http://www.coopscanada.coop/en/orphan/ghana-radio-2011. Hope you enjoy Jo-Anne Ferguson Canadian Co-operative Association
If you're like me, you probably have a few tricks and tips that you rely on for what I like to call "time travel." What do I mean by time travel you might ask? Well, I am referring to how we do business today across different time zones, countries, languages, currencies and social norms.
For me, I always want to make sure that meeting times are correct - that the time I am planning to be on the phone, on a skype call or in a physical meeting room corresponds with the rest of the meeting. For the remote meetings we have across time zones, my "go to" website is TimeandDate (Edit: another site that is more accessible can be found at TheTimeNow.com)
Second, when work takes me on a plane to another country, a couple of things I do before heading to the airport:
- Register with my country's Embassy website (for US citizens - go to Travel US State Dept)
- Consult website of the CIA WorldFactbook for a brief overview of the place(s) that I'm going to visit to get a brief overview of history, economy, politics, and other vital statistics, etc. World Factbook
For language translation (remotely, not in person) - Google has a fast translation site (see Translate). You can plug text right into the website and there is an instant translation into the selected language (often best to consider this translation a rough approximation.)
For money - and figuring out money equivalencies, a quick currency converter website we use is Currency Converter . You can conduct historical currency calculations as well as today's rates.
Finally, social norms are covered in books like Lonely Planet, Rough Guide or best of all, meeting a GWLN member and finding out from her a real perspective of the social norms for the country/place you are headed.
A few years ago, I read an article about government social protection programs and conditional cash transfer programs (CCTs) that provide funds to qualified households or individuals if they fulfill certain requirements (i.e., visiting health clinics or sending their children to school regularly). I was struck by the number of people who receive these government payments—estimated at 124 million in 33 countries—and that the majority of these payments are made outside of the financial system (around 75%). What an opportunity for using these payments as a vehicle for bringing more unbanked people into the financial system.
Today, this idea seems to be gaining traction. In May, the Ford Foundation, United Nations Development Programme, New America Foundation, Citi Foundation and Proyecto Capital released a report and hosted an event on linking CCTs to savings accounts through financial institutions to promote financial inclusion, asset building and poverty reduction. Inter-American Development Bank is also focusing on this topic.
For those of you with CCT programs in your country, you may find the report and webinar interesting.
Link to report: http://gap.newamerica.net/slcct
Link to webinar: http://newamerica.net/events/2011/next_generation_antipoverty
The report covers examples of current programs that enable, encourage or require savings behavior through CCTs as well as design, operational and policy considerations for linking CCTs to savings accounts. It also highlights the potential of savings-linked CCTs to empower women (as has been the case with women connected to financial institutions through microfinance products) and how scope and scale could lead to a business case for financial institutions to manage small-balance deposit accounts.
Credit unions in Ecuador already offer government payments, including CCTs, through the WOCCU WSG investment office in Ecuador, Red Transaccional Cooperativa (RTC). Are others offering these payment services as well?
Today, March 8 is the 100th anniversary of International Women’s Day, which is a day globally recognized to celebrate and honor the unique achievements of women. At the Global Women’s Leadership Network breakfast event at CUNA's GAC last week, Rep Jackie Speier, the keynote speaker of the event said, “Boards of directors of companies that have women on them have a 65% higher return on investment capital, while 53% have a higher return on equity and 42% have higher sales than those with fewer women in charge....yet women represent only 15% of the Fortune 500 executives”.
With this in mind, what is your credit union doing this week to recognize the contributions of women staff, members and women in the community?
Donate to GWLN
- Challenges Facing Women in Leadership Positions
- Community Outreach
- CU Boards / Volunteers
- Engaging the Next Generation of CU Members
- Facilitating Greater Access to CUs Worldwide
- Financial/Risk Management
- Growing CU Market Share
- Impact of Women in Society
- Internal Operations
- Member Discussions
- Member Service
- Program Updates
- Regulatory Issues