spot_img

Successfully Implementing a New Appraisal Management System

Date:

By Clint Cornett

Screen Shot 2013-08-15 at 4.36.37 PM

Implementing any vital new process, system, or technology provides an opportunity to significantly improve business efficiency, productivity as well as other strategic outcomes. However, any such implementation can also create challenges and may adversely affect business performance.

A successful new technology implementation in particular, requires a well-conceived and executed process that includes:

  • The appropriate definition of the problem
  • Clear support from top management
  • Assembly of a technology selection and implementation team
  • Establishment of a comprehensive plan
  • A clear plan for communication
  • Vendor management and support

This article is designed to identify a specific framework for implementing an appraisal management technology solution, including real world commentary from a credit union that has just reached the one-year anniversary of its project’s implementation.

This content is for CU BUSINESS eMagazine , Special Deal: 2 websites , and NEW! The Leadership Team Builder Group Subscription members only.
Log In Register

Share post:

Popular

More like this
Related

14,000 Members Returned to Credit Unions

SAN DIEGO, CA. (December, 2022) CU Revest announces the...

Credit Unions and Credit Cards Can Help You Beat Inflation

We all know the story. Inflation is at its...

A Tribute To A “Problem Solver”, Rex Johnson

Publisher’s Note:  We all lost a good friend with...

What Do Borrowers Really Want? Why Interest Rates Are No Longer Enough

Loans are a basic part of life – they...