Bank and credit union strategic planning should be “FAST”

by Mark Arnold, On The Mark Strategies

No, I don’t mean “fast.” Bank or credit union strategic planning takes time. Planning is more than a day on the calendar, and your plan is more than a dusty document to stick on a shelf.

But it should be “FAST.” In other words:

  • Focused
  • Achievable
  • Simple
  • Transparent

What do these characteristics mean for your planning session? Here’s what each element entails.

 

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