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Three groups of people credit unions should listen to as part of their strategic planning process are members, staff and executive team/ board of directors.
It equally provides at each stage templates for assessing the effectiveness of the strategic planning process as well as the key players.
When UW-Stout was recognized for the award, the examiners noted several key strengths or outstanding practices, including: * a focused mission and related educational offerings * an inclusive leadership system * a comprehensive strategic planning process * a range of listening methods, relationship building processes * efficient resource management * effective information management, technology management Five years later, many of these strengths are still evident; however, there have been notable changes and challenges in several areas.
It guides members through an analytical, six step strategic planning process.
The Planning Process A good strategic planning process should be all-inclusive, with input from a wide range of stakeholders.
Those opportunities should be vetted in Dryden's strategic planning process.
A mechanical engineer with a master's in business administration, he recently facilitated a new strategic planning process at the foundry supply company, which incorporated some of the thought processes shared within this article.
Strategic Plan 2002 focuses on these relationships, their alignment and interdependencies, with the fundamental understanding that the organization's success lies in using a coordinated, holistic approach to the strategic planning process and its execution.