MADISON, Wis.—CUES has introduced its new Strategic Innovation Institute, a two-year program designed to drive greater strategic thinking and innovation within the credit union community.
The two-year executive education program will be held at MIT’s Sloan School of Management in Cambridge, Mass., and Stanford’s Graduate School of Management in Palo Alto, Calif. The first class begins next year at MIT in mid-September and runs for one year before shifting to Stanford.
The goal, said CUES President and CEO Chuck Fagan, is to broaden strategic thinking about both large- and small-scale innovation, build organizational capacity for continuous innovation and develop strategic organizational leadership skills.
“MIT is classroom learning,” said Fagan. “However, when the program moves to Stanford it quickly becomes hands-on. Students will ideate and design solutions for consumer challenges, applying what they have been taught.”
Fagan said growing interest in CUES CEO Institute, which is already sold out for 2014, was the impetus for the new school. “We are seeing a great deal of interest from credit unions in investing in their talent,” he added.
There will be room for 55 to 60 students in the first Strategic Innovation Institute program, according to Fagan.
