246) #ExponentialInsights - Data Strategy: Maximizing Digital Growth for Your Credit Union

Credit unions have a significant opportunity to use data to help and educate their members, yet 70 percent of credit unions don’t have a data strategy.

Many executives may point to the monetary cost of implementing such a plan, but what are the hidden costs of ignoring it?

Anne Legg , Founder of Thrive Strategic Services , tells us why more credit unions should implement a data strategy to ease their members’ friction points.

Join us as we discuss:

• The typical timeline for implementing a successful data strategy (14:27)
• Benchmarking institutional data culture and consumption (20:19)
• Cost of action versus inaction when budgeting a data strategy (27:44)

Check out these resources we mentioned during the podcast:

• Anne Legg
• Thrive Strategic Services
• Twitter

You can find this interview and many more by subscribing to Banking on Digital Growth on Apple Podcasts , on Spotify , or here .

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