Strategic Planning – The New Era
Financial Institutions
September 01, 2010
by
David Saber, Terry Saber
David Saber
Senior Business Development Manager
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Strategic planning has never been more critical to the continued success of any financial institution. After all, these are not ordinary times. Many core assumptions in the financial services marketplace have come into question, and the extraordinary uncertainty in our industry has dominated recent headlines. Over the past year, we have facilitated discussion of numerous issues—funding, cost containment, regulatory mandates, talent retention, succession planning, and of course, maximization of shareholder value—that demand immediate attention and require ongoing, fluid strategic solutions.
Empirical evidence indicates that most board members and financial institution executives know implicitly that their institutions could be more effective at developing strategy and implementing/executing strategic planning outcomes.
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Length: 2 pages (PDF 91 kB)