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RFG can facilitate your
institution’s strategic planning effort by combining
a unique blend of objectivity, market intelligence
and industry expertise.
RFG incorporates a
phased “building block” approach to the planning
process utilizing relevant industry research, local
and regional market data and comparative financial
and industry metrics. In this fashion, RFG will
explore both the internal and external “drivers” –
market, economic and financial that will have the
most significant impact on your strategy, business
model and financial performance during a three year
timeframe. The strategic planning process entails
phases that include off-site analysis, on-site
interviews, group participation and finally,
adoption of the plan.
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“Our Strategic Planning session this year
was an overwhelming success. In my 20 years
of industry experience, it was by far the
best I have encountered...I highly recommend Raddon for the
facilitation of your annual strategic planning process and the
development of the planning document.”
Joe Mirachi,
CEO/President
Tucson Old Pueblo Credit Union |
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The key questions
underscoring the planning process are:
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“RFG facilitated our strategic planning retreat, and I would highly
recommend them to any financial institution. Many of my Board and
management team felt that it was our most analytical and productive
session yet.”
Bob Bruns,
CEO/President
Charlotte Metro
Credit Union |
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Key elements
of the planning process:
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Create an environment
for discussion through open and candid dialogue
among
all participants. This requires that everyone leaves
their rank and title at the doorway.
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Facilitate and
stimulate conversation regarding the bank’s current
and proposed strategies and
initiatives by asking challenging and probing
questions substantiated by market and financial
data.
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Challenge the current
status and business model with results-oriented
analysis.
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Develop and obtain
consensus on numerous, clearly defined initiatives.
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Prioritize tactical
initiatives and action plans assigning sponsorship,
accountability,
responsibility and target dates for implementation.
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Obtain consensus and
commitment across the organization to implement the
plan.
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Establish
monthly/quarterly review dates and planning update
meetings to monitor progress and offer changes as
required.
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“I highly recommend RFG for the Strategic Planning Process! The
facilitators do a fabulous job of keeping all participants on task
and very engaged in the process. Our Board was ecstatic about the
results. I usually dread the strategic planning process, but I must
say that I am
now excited about the prospect of next year's
session.”
Todd Pearson,
Sr. Vice
President/COO
Arizona Central
Credit Union |
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