PSCU, the St. Petersburg, Fla.-based credit union service organization (CUSO), will sponsor the Filene Research Institute’s Center of Excellence for Organizational Entrepreneurship, the second of five Centers of Excellence being launched by Filene in 2016 and 2017.
The research center, headed by Filene Fellow Dennis Campbell, professor of Business Administration at Harvard Business School, explores cooperative strategies for sustained competitive advantage and business model evolution.
The announcement was made at a Colloquium held at Harvard University earlier today.
The Center of Excellence for Organizational Entrepreneurship will work ahead of the year-to-year business cycle of credit unions by routinely assessing their organizational culture and performance against new research. The goal is to help credit unions achieve favorable business results, scale, and most importantly value for their members.
“Acting as an advocate for our credit unions’ member owners is a cornerstone of PSCU’s mission,” said Chuck Fagan, PSCU president/CEO. “As the nation’s leading CUSO, we have a responsibility to our owners and the industry to have a strong presence in this regard. One way we meet this responsibility is by contributing to research that benefits all credit unions.”
In February, CUNA Mutual Group announced it will contribute $1 million to fund Filene Research Group’s Center of Excellence for Consumer Decision Making.
Filene’s new Centers of Excellence will produce research and engagement opportunities for Filene members and the credit union movement. Designed to address the changing needs of credit unions and their members, the Centers of Excellence will explore critical and emerging topics within the financial industry to inspire credit unions.