Creating a Unique Strategic Plan for Your Financial Institution

Your credit union is unique, and so should be your strategic plan. The environment for community financial institutions has changed drastically in the past five years due to shifts in interest rates, emerging technologies, evolving consumer preferences, market changes, and recent bank failures. These factors necessitate a fluid and adaptable strategic plan. Additionally, the industry faces numerous challenges, new competitors, and uncertainties, which also present unprecedented opportunities. This highlights the need for a dynamic strategic plan that enables financial institutions to thrive and grow. Whether your institution lacks a cohesive strategy or wants to review existing plans, this webinar will address critical questions about your institution’s vision, employee alignment with that vision, cultural and brand consistency, risk identification, and having the right people in the right roles.

After attending this webinar, you will be able to clarify your vision, mission, and core values, understand the importance of a well-defined strategic plan structure, and identify key components common to successful strategies. You will also learn about the role of enterprise risk mitigation and management in your strategic plan, learn four key growth strategies, establish best practices with board governance, and manage the strategic planning and implementation process. Additionally, you will gain tools and ideas to integrate your Enterprise Risk Management and Talent Management Programs into your strategic plan, ensuring it is actively implemented and not just a document on the shelf.

Key Learning Objectives: 

• Define Your Path: Clarify Your Vision, Mission, and Core Values
• Blueprint for Success: Learn the Importance of a Clearly Defined Strategic Plan Structure
• Unlock Success: Identify Key Components Common to Winning Strategies
• Risk-Proof Your Plan: Understand the Role of Enterprise Risk Mitigation and Management
• Growth Mastery: Identify and Implement Four Key Growth Strategies
• Governance Excellence: Establish Best Practices with Board Governance
• Strategic Leadership: Develop and Manage the Strategic Planning Process
• Risk-Ready: Conduct a Strategic Risk Assessment for New Initiatives
• Seamless Integration: Incorporate Your Enterprise Risk Management Program into Your Strategic Plan
• Talent Alignment: Integrate Your Talent Management Program into Your Strategic Plan
• Action-Oriented: Ensure Your Strategic Plan is Actively Implemented

Who Should Attend: 

This informative session is designed for the Board of Directors, Leadership Team, Supervisors with planning responsibilities, and everyone involved in the Strategic Planning process.

For more information and to register, click here.