The OGO Blog

5 Lessons Learned from AXFI 2018

This week I had the honor of speaking at the 2018 AXFI (Analytics and Financial Innovation) Conference for Credit Unions in Minneapolis. I spoke on the Credit Union 2.0 DREAM methodology. First off, this is a great event that attracts an abundant group of Credit Union thinkers, innovators, and has truly great content. Here are…

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Preparing your Credit Union for a Hurricane

Hurricane season is upon us. After a nightmarish 2017 hurricane season featuring monster storms such as Harvey, Irma and Maria, many in the U.S. are hoping for a quieter year. However, if we learned anything from these super storms, we have learned that we need to be prepared and have a plan in place in…

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Probably is the enemy of BCP (and your organization)

How many times have you heard, “IT probably has that documented” or “The snow plow company will probably do it?” We’re beginning to hear that phrase more and more across our engagements this year and it has been put on OGO’s blacklist of words. My parachute will probably work. My airbag will probably work. My…

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Ongoing Operations Launches Organic Cloud Platform

Ongoing Operations is pleased to announce the launch of its cutting edge and completely organic cloud platform. How did we bring this revolutionary solution to the market?  What does it mean for your Credit Union? Learn these things and much more by watching below! Want to know more about this exciting new platform? Contact us…

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What can credit unions learn from Amazon’s acquisition of Whole Foods?

Whole foods has scale. In fact, they have 1.7% of the US market (according to Statista). Given that credit unions account for approximately 7-8% of the US market, Whole Foods is kind of like the Navy FCU of grocery stores. Great brand. Great return. Loyal consumers. Then you have Amazon, an E*commerce juggernaut that accounts for over 40% of all…

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Will The Internet of Things (IoT) Affect Credit Unions?

Robbie Wright and John Szeglin, two Senior vCIOs at Ongoing Operations recently sat down to discuss an increasingly popular topic: The Internet of Things (IoT). This post dives into what exactly the Internet of Things is and how IoT impacts your Credit Union. It is exciting to see so many new and innovative technologies coming…

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How will autonomous vehicles impact your credit union?

Few would claim that they could have predicted the impact a technology company (Uber) would have on credit union balance sheets.  If you envisioned this future – well played!  For the rest of us, it was a surprise as Uber took off and destroyed value in taxicab medallions, a hit credit unions took on the…

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When should you fire a consultant?

Last month, I wrote an article about when to hire a consultant. There’s no doubt that bringing on a consultant is a big decision, but knowing when to fire one can be even more important. Generally, consultants fulfill skill gaps or solve specific problems for your credit union.  Unfortunately, they can tend to hang on…

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When should a credit union hire a consultant?

Credit Unions love investing in their people, but that doesn’t stop them from hiring consultants. Lots of consultants. Consultants can be great, and sometimes, they can prove not so great. With ever increasing threats from regulation, cyber security, fintechs and underling business model challenges – The question of when to hire a consultant arises more…

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