Reasons to Complete the Strategic Planning Process

• Develop long-range management tool that will guide the company to success
• Establish tangible goals that can be defined, action plans developed, measurements created, consequences projected and rewards provided
• Clearly establishes goals and management’s accomplishments for board recognition
• Gives management and staff a clear common direction
• Provides a base for each staff member to build their personal goals
• Expresses the financial institution’s business acumen to the regulators
• Greatly enhances communications between board members and senior executives by establishing common understanding
• Offers an opportunity for senior management to "teach" board members about the financial industry

More Info

"When Glenn Christensen facilitated our strategic planning retreat, he did a good job of adapting to our process.  During the session, he used his expertise to help us focus on the important areas...he did a good job of including everyone in the discussion"

Bill Hayes, President/CEO
NW Federal Credit Union

• "Our capital ratio is growing and we have a unified strategy for managing growth"

• "When current results are questioned relative to previous years results, I can now reference the directions from the planning session"

• "My relationship with the Board has improved"

• "We were able to work though decisions in the planning session that we were unable to reach a decision on previously"

• "Both the Board and I have a much better sense that what we are doing is a professional thing, it is now less ‘what’s in it for me’"

• "Loan demand has finally picked up"

• "The auditor and examiner are very pleased, the plan leaves the impression that we know what we are doing"