NASHVILLE-For credit unions to succeed into today's choppy financial waters, it's not a bad idea for leaders to embody traits of former President Dwight D. Eisenhower.

Tim Harrington, president of Team Resources, in the opening general session of NAFCU's Annual Conference stated it takes "enlightened leadership" not only to get staff to follow the CEO and the CU's vision, but to navigate through changing times.

Citing some of Eisenhower's key traits-personal integrity, deflecting praise to others, humility, and thoughtful planning-which helped the five-star general guide U.S. forces to victory during World War II, Harrington emphasized that Eisenhower always had a strong vision for the future but expected to adjust plans. Harrington said that is exactly what happened when U.S. troops hit the beaches at Normandy.

"Eisenhower said, 'Plans are worthless but planning is everything," noted Harrington, who said financial institutions must have a vision for the future but be ready to change tactics because market forces are unpredictable.

Harrington has authored the book "Eisenhower on Enlightened Leadership."

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.