To Move Forward Look Backwards

To Move Forward Look Backwards

“When I hear about a company moving backwards, I get excited.” —Joey Reiman, CEO of BrightHouse, in the book Grow, by Jim Stengel Every bank or credit union wants to grow. Grow loans. Grow deposits. Grow checking accounts. That growth focus often means focusing on the...
Vision Statements in Six Words or Less

Vision Statements in Six Words or Less

Does your financial institution have a vision statement?  Is that vision statement so convoluted with jargon that you don’t really know what it means? You are not alone. In my experience, few people in any organization know that organization’s vision statement, and...

How to Focus Your Strategic Plan

In his book Launch, author Jeff Walker says, “Your most scarce resource is focus.” When it comes to strategic planning, you often examine your resources. Do we have enough staff, time or budget to complete a certain strategic initiative? Those are typical resource...

The Differences Between Strategies and Tactics

Strategic planning sessions are critical to your financial institution’s success. But all too often what starts as time devoted to examining big picture issues turns into a discussion about the minutia. This is the classic challenge of going from 30,000-foot issues to...
Seven Do’s and Don’ts of Strategic Planning

Seven Do’s and Don’ts of Strategic Planning

We’ve talked recently about the “Seven Do’s and Don’ts of Branding” and the “Seven Do’s & Don’ts of Marketing.” It’s the same way with strategic planning. There are several things you should absolutely do in your strategic planning sessions and there are...