The environment for community financial institutions has changed drastically in the past five years due to shifts in interest rates, emerging technologies, evolving consumer preferences, market changes, and recent institution failures. These factors necessitate a fluid and adaptable strategic plan.
Additionally, the industry faces numerous challenges, new competitors, and uncertainties, which also present unprecedented opportunities. This highlights the need for a dynamic strategic plan that enables financial institutions to thrive and grow.
Whether your institution lacks a cohesive strategy or wants to review existing plans, this webinar will address critical questions about your institution’s vision, employee alignment with that vision, cultural and brand consistency, risk identification, and having the right people in the right roles.
After attending this webinar, you will be able to clarify your vision, mission, and core values, understand the importance of a well-defined strategic plan structure, and identify key components common to successful strategies. You will also learn about the role of enterprise risk mitigation and management in your strategic plan, learn four key growth strategies, establish best practices with board governance, and manage the strategic planning and implementation process.
Additionally, you will gain tools and ideas to integrate your Enterprise Risk Management and Talent Management Programs into your strategic plan, ensuring it is actively implemented and not just a document on the shelf.
