Networking Can Improve Your Financial Management
by Mark Johnson, ECCU Executive Vice President
(Originally published as a post within ECCU’s former e-publication, The Buzz.)
Ask any of ECCU’s ministry development officers—we call them MDOs—what’s the best part of their job, and they’ll tell you it’s meeting with ministry leaders. That’s when they get to hear people’s stories and learn about the mission and vision of their ministries. (For context, MDOs are the members of our staff who help develop banking solutions for ministries.)
Meeting with ministry leaders is one of the best parts of my job, too. This fall I enjoyed some significant face time with many of them as I presented a banking update at two of our 2009 Financial Forums for Ministries. Those who came seemed to find value in the forums, but it was the networking time before and after each session that made it such a valuable experience for all of us.
For example, after talking about the vital importance of practicing financial transparency, especially in this changing economy, I heard from many who resonated with this best practice and said they were already communicating more clearly and more often with their stakeholders. As I saw attendees having similar conversations with one another, it reminded me of a key benefit of membership in ECCU—the regular opportunities it provides ministry leaders to learn from and even teach their peers.
I have to say that another favorite part of my job is that it allows me to facilitate this kind of networking. The same goes for our MDOs. When we hear a ministry story, we love being able to pass along the name of someone at another ministry (with their permission) who’s had a similar experience and might be able to offer some helpful insights.
In the spirit of networking, here are two resources you might find helpful and worth sharing with your peers:
- In two weeks you’ll find a summary of the key learnings from the Forums I mentioned above at 2009 Financial Forums for Ministries.
- Follow this link to find information about a November 19 webinar called “High Priority Strategies for Managing Ministry Funds” offered by the Christian Leadership Alliance. A benefit of ECCU membership is automatic CLA Affinity Membership, which provides free registration for this webinar.
(Pass this information along to your peers easily with the Share with a Friend feature at the bottom of this page. It allows you to share with up to 10 people at one time.)
During such a challenging time in our nation’s history, I don’t take for granted the privilege of being able to say that I work at a very unique financial institution and have good reasons to love my job. Frankly, in this economy we can all be grateful that we even have a job. And when your job is focused on a kingdom-advancing mission like yours and mine, our gratitude can be even greater.