Five essentials of strategic planning

first_imgHere’s a bonus tip!Now more than ever, understand that flexibility is critical. As you learned in 2020, things change every day. Your strategic plan is a guidebook, but it is also a fluid and adaptive document. Out of the hundreds of tasks you outlined to accomplish over the 12 months in 2020, many changed and evolved, just like circumstances changed due to economic fluxes and shifting priorities caused by the COVID-19 pandemic. As you close out this year, your strategic plan helped by keeping track of where you are. Now, you can refer to the plan for guidance, and look forward.If you’ve gotten this far, you clearly recognize the need for a partner when working through your financial institution’s strategic plan. As you work through the above steps, your leadership team will be ready to embark on creating your organization’s strategic journey. Fill out this form to receive our strategic planning guide to get the ball rolling for your 2021 plan.For free strategic planning analysis and recommendations, email [email protected] 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Hilary Reed Hilary Reed, founder of EmpowerFi, is an innovative thought-leader who has been involved in various aspects of strategic sales and marketing for 15 years. Her career began in 2000 when … Web: www.empowerfi.org Details Strategic planning is so much more than just a weekend exercise. Potentially, it could mean the difference between being run-of-the-mill or being an innovative organization forging a new path within your community.Developing a leadership team that believes in planning is critical not only in surviving a project but thriving long after all of the dashboard gauges register 100% and your credit union is reaping the rewards of a new initiative. Strategic planning leaps from the pages of a static plan and takes ideas, inspiration, and hard work to transform words into action by being free and flexible using solid direction and guidance.While the spreadsheets and charts are critical for your planning process, it’s important for credit unions to use their untapped potential through leadership initiative and ownership, which provides the external facilitator with a means to develop a framework for aligning priorities, making decisions, allocating resources, and measuring impact. Once your plan is in place, you will see results that include purpose, direction, value-driven goals, a thorough master plan, and increased collaboration among staff.Here are the five essentials of strategic planning that financial institutions of any size can use to transform their organization.Take inventory. If you haven’t actually looked at the plan you made for 2020 in a while, let’s start there. So many teams make a plan only to lose sight of it throughout the year; however, this being 2020, you probably want to take a match and burn it! With strategic planning for 2021 in your sights, maybe that original plan should be brushed off and brought back to the table, then, enroll your team in a collective pulse-check.  Identify your biggest achievable goals. You have less than 60 days in the calendar year to make these happen. Call an audible, run your 2-minute offense, hit a grand slam … whatever your sports analogy might be, kick hard to close the gap on these goals like it’s the last 1/10th of a mile to the finish line. These are the opportunities you have the resources ready to close the space around the quickest. This is where you leverage your collective strengths to get from wherever you are now, to the place you want to be by the end of the year.  Then, identify your areas of opportunity (pain points). As if you didn’t have enough pain during 2020, now is the time to get real and be honest about the things you’re not best at and what you’re struggling with. What work needs to be done to lean into these opportunities? Shoot straight with yourselves and focus on the stuff that you know you can do really well in the time you’ve got left this year.  Make a 60-day plan for the final quarter push. Use all of the information you glean from the evaluation of your end-of-the year 60-day plan to create a strategy to bring it home for the year.Review and Recap: How did your organization perform in 2020?Exercise:Where can we improve?Which successes can we expand upon?Is there anything that we left on the table in 2020 that should be addressed in 2021?last_img read more

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Facing stiff sentence, Trump advisor Stone seeks new trial

first_imgBut Stone’s supporters recently accused one of the jurors of having been prejudiced against Stone before the trial began.Earlier this week Trump himself tweeted in support of his longtime political advisor.”Now it looks like the foreperson in the jury, in the Roger Stone case, had significant bias. Add that to everything else, and this is not looking good for the ‘Justice’ Department,” Trump wrote.The judge in the case, Amy Berman Jackson, told both sides to file their arguments on the motion on Tuesday. Topics : Convicted of lying to Congress Stone, part of Trump’s successful 2016 presidential campaign, was arrested in January 2019 on charges brought by then-special counsel Robert Mueller as part of the Russia investigation.He was accused of lying in testimony to Congress about acting as an intermediary between the Trump campaign and WikiLeaks, which released hacked documents that embarrassed rival Hillary Clinton during the White House race. Stone was convicted on all seven counts in November, and was scheduled to be sentenced on Feb. 20.Stone’s supporters alleged on social media that the head of the jury, Tomeka Hart, had not been truthful about alleged anti-Republican biases when interviewed during jury selection.”This juror should get the same treatment that anyone deemed a Trump supporter would get for committing perjury,” Trump’s son Donald Jr wrote Thursday on Twitter.But the court transcript depicts Hart providing straightforward answers to questions about her political leanings and prior knowledge of the Mueller investigation.It was not clear whether Stone’s lawyers were aware of her social media postings strongly critical of Trump, but she told them she could judge Stone’s case with an open mind.Given a chance by the judge to strike Hart from the jury list, Stone’s defense team accepted her with no objection.In a Facebook post this week Hart, who lives in Tennessee, defended her role.”As foreperson, I made sure we went through every element, of every charge, matching the evidence presented in the case that led us to return a conviction of guilty on all 7 counts,” she wrote.The post is no longer online but was confirmed with Hart by the Daily Memphian newspaper.Furor over Trump tweets Stone’s push for a new trial came after a week of turmoil that shook the Justice Department.On Monday prosecutors recommended a stiff seven-to-nine-year prison term for Stone, saying he threatened a witness in the case and implicitly threatened the judge as well.After Trump called the proposed sentence a “miscarriage of justice” in a late-night tweet and Attorney General Bill Barr intervened for a lighter sentence, the Justice Department attorneys who prosecuted the case resigned in apparent protest.Barr called the sentence proposal “excessive” but denied allegations that he was doing Trump’s bidding and politicizing the justice system.Barr said Stone’s case was a “righteous prosecution” and that he was “happy that he was convicted.”But he also criticized Trump’s comments.”I cannot do my job here at the department with a constant background commentary that undercuts me,” Barr said in an interview with ABC News.”I think it’s time to stop the tweeting about Department of Justice criminal cases.”center_img Republican political consultant Roger Stone requested a new trial Friday just days after President Donald Trump’s criticism of his proposed jail sentence sparked an uproar over political influence in the justice system.Six days before he was to be sentenced, Stone filed a motion to the federal district court in Washington for a new trial on charges of lying to Congress and witness intimidation.The motion was sealed so his arguments for a new trial were not clear.last_img read more

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