- Home
- Bengal Math Curriculum
- Statistics Help
- Statistics Consulting
- Popular Services
- *99 Cents for 1 Math Problem
- Statistics Help
- Statistics Solutions
- Statistics Symbols
- Statistics Lecture Notes
- Statistics Class Notes
- Hire Freelancer - xlance Alternative
- Math Olympiad
- Free Accounting Homework Help
- Free Business Math Homework Help
- Free Programming Homework Help
- Free Finance Homework Help
- Free Economics Homework Help
- Free Chemistry Homework Help
- Free Biology Homework Help
- Free Management Homework Help
- Free Engineering Homework Help
- Free Chemical Engineering Homework Help
- Free Mechanical Engineering Homework Help
- Free Computer Science Homework Help
- Free Bioinformatics Homework Help
- Free Calculus Homework Help
- Free College Homework Help
- Get One Month Coaching ($149)
- Math Curriculum(High Expectation)
- 1-On-1 Coaching
- Accounting Solutions
- Bioinformatics Solutions
- Biology Solutions
- Business Math Solutions
- Calculus Solutions
- Chemical Engineering Solutions
- Chemistry Solutions
- Computer Science Solutions
- Economics Solutions
- Engineering Solutions
- Finance Solutions
- Management Solutions
- Mechanical Engineering Solutions
- Programming Solutions
- Donate
- Almost FREE Service
- Chat Core Dump
- WhiteBoard Sessions
- Submit Math Problems
- Checkout Math Solutions
- Sample Math Video
- College Textbooks
- College Courses
- Coursera Courses
- edX Courses
- Give Gift Certificates to Your Loved One
- Get a Scholarship
- Tell a Friend
- *Online Math Help ($16 per Hour)
- Vedic Maths
- Home Schooling
- Community College Math
- Online Degree Program
- Blog
- We are in News
- FAQ
- Contact Us
- Privacy Policy
- Terms & Condition * Restrictions Apply

- Home
- *99 Cents for 1 Math Problem
- Statistics Help
- Statistics Solutions
- Statistics Symbols
- Statistics Lecture Notes
- Statistics Class Notes
- Hire Freelancer - xlance Alternative
- Math Olympiad
- Free Accounting Homework Help
- Free Business Math Homework Help
- Free Programming Homework Help
- Free Finance Homework Help
- Free Economics Homework Help
- Free Chemistry Homework Help
- Free Biology Homework Help
- Free Management Homework Help
- Free Engineering Homework Help
- Free Chemical Engineering Homework Help
- Free Mechanical Engineering Homework Help
- Free Computer Science Homework Help
- Free Bioinformatics Homework Help
- Free Calculus Homework Help
- Free College Homework Help
- Get One Month Coaching ($149)
- Math Curriculum(High Expectation)
- 1-On-1 Coaching
- Accounting Solutions
- Bioinformatics Solutions
- Biology Solutions
- Business Math Solutions
- Calculus Solutions
- Chemical Engineering Solutions
- Chemistry Solutions
- Computer Science Solutions
- Economics Solutions
- Engineering Solutions
- Finance Solutions
- Management Solutions
- Mechanical Engineering Solutions
- Programming Solutions
- Almost FREE Service
- Chat Core Dump
- WhiteBoard Sessions
- Submit Math Problems
- Checkout Math Solutions
- Sample Math Video
- College Textbooks
- College Courses
- Coursera Courses
- edX Courses
- Give Gift Certificates to Your Loved One
- Get a Scholarship
- Tell a Friend
- *Online Math Help ($16 per Hour)
- Vedic Maths
- Home Schooling
- Community College Math
- Online Degree Program
- Blog
- We are in News
- FAQ
- Contact Us
- Privacy Policy
- Terms & Condition * Restrictions Apply

Statistics Help

**Question: **Discuss how strategic planning Edit

**Answer: **Risk management (especially enterprise risk management) and strategic planning have traditionally

been treated as two separate streams of activities at credit unions. When discussed at all, risk

management is often at a cursory level and revolves mainly around credit and ALCO with interest rate,

market, and liquidity risk. Other types, such as strategic risk, are often given short shrift. The lack of

explicit consideration and discussion creates a risk profile for the institution that exceeds what boards

and management teams may be comfortable with — and they may not even know it.

For example, projections and financial objectives are key elements of a strategic plan. However, what is

the impact on the projections (both upside and downside) of a given strategy? If launching a new

product, what happens if sales don't meet expectations? How will that impact earnings and the

opportunity cost of people and capital? If entry into a new market is based on speed, are there

processes and capacity to support it? Want to double the investment in social media? What's the impact

if the investment is made or not?

These types of questions need to be answered — especially if the credit union's future hinges

significantly on it. In many respects, the CU should be stress testing key areas of its strategy and

business model, such as payments, delivery channels, etc.

The single most important risk management activity is to define the strategic objectives for the CU and

determine the risk appetite to achieve those objectives. To achieve a 1% ROA or serve the members a

very specific way, how much overall risk is the board willing to accept?

The risk appetite is a "lens" through which these types of questions and answers would be evaluated.

Unfortunately, most credit unions don't have a defined risk appetite, much less engage that depth of

discussion during planning efforts. Edit

**TutorTeddy.com & Boston Predictive Analytics**

[ Email your Statistics or Math problems to **help@teddycan.com** (camera phone photos are OK) ]

Boston Office (Near MIT/Kendall 'T'):

Cambridge Innovation Center,

One Broadway, 14th Floor,

Cambridge, MA 02142,

Phone: 617-395-8864

Dallas Office (Near Galleria):

15950 Dallas Parkway,

Suite 400,

Dallas, TX 75248,

Phone: 866-930-6363