O'Rourke, Mitchell and Associates: Compensation and Retention Analysis

The industry is changing and creating new businesses, restructuring, experiencing leadership succession and assimilating merging organizations. Our consultants help you drive the change, make the tough decisions and implement key organizational development strategies. We evaluate your membership value proposition and develop an integrated plan committed to achieving your brand promise, cost effectively . When you take away the people and look at the membership value proposition of a credit union, you have an integrated organizational structure committed to a brand promise. OMA will assess the organization’s commitment to the brand promise through its systems and initiatives, and will provide a gap analysis with future strategies for success.

Strategic Planning and Board Education

Every credit union is different and, therefore, every credit union’s needs are different. With that in mind, OMA facilitates the strategic planning process, allowing the credit union to develop the “nuts and bolts” of its strategic action plan. In that regard, OMA provides a customized, strategic plan for each organization. Furthermore, OMA provides the management team and Board of Directors with the necessary education, whether about the industry or specific to the credit union’s market or internal organization, to help make important strategic decisions for the future.

Leadership Coaching and Onboarding

OMA focuses on the entire leadership transition of the credit union, not just bringing in new talent. It is dedicated to helping the CEO and Board of Directors develop a Succession Plan, with emphasis on creating individual development plans for the talent within the organization as well as guidelines for CEO succession. OMA will also help the organization to implement CEO Mentoring, which establishes a 3-6 month contract with the outgoing CEO to be used as an offsite resource for the new CEO. Through an alliance partner, OMA offers “onboarding” for newly hired or promoted employees, providing them with the necessary tools and support needed to be successful in their new positions.

Compensation and Retention Analysis

The leadership challenge of the future will be retaining your stars and developing creative compensation strategies that link core organizational strategies with personal goals. We will educate your Board to eliminate “sticker shock” and build awareness for the future.