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  • Writer's pictureVinny Clevenger

New Year's Resolutions for Your Institution

New Year's Resolutions for Your Institution

ALM Strategy

As with the dawn of every new year, many people look in the mirror and decide there is an area of themselves they’d like to improve. The excesses of the holiday season generally lead to self-introspection and some specific action plan for the betterment of their health. Typically, you hear about changes to diet (no more sugar/carbs), folks finally joining gyms (or purchasing Pelotons), or maybe a less quantifiable goal such as spending more time with friends. Whatever the declaration, on January 1, people set out determined to make this year better than the last.

But what about your Institution? What are your resolutions for this approaching year? Are there areas for improvement and altering of prior strategy? The following is a short list of resolutions for your consideration in 2021.


From the Editor

Happy New Year and welcome to the first edition of the 2021 Bulletin! The turn of the calendar is a perfect time to recalibrate and set goals for your business. Accordingly, the theme of the January article is all about resolutions. What are your institution's “resolutions” for the current year? Could it finally be time to change up your “routine” and challenge long-held business practices?

Similarly, a change has occurred in this very space. Keith Reagan, the former editor of the monthly Bulletin, has taken a more active role in internal management and, therefore, is stepping away from the Bulletin. We thank Keith for his tremendous work and ability to produce valuable content over the past 12 years. In this case, my only resolution is to maintain the high standard he has established for this column.