Why does strategic planning matter? Jim Fugitte, Director of Strategic Advisory Services, explains that banks with a strategy outperform their peers – when they execute the plan.
In his September 2017 contribution to the ICBA Magazine, on page 55, Jim outlines the 3 reasons strategic plans fail:
- Lack of a planning system
- Lack of accountability
- Lack of measurable objectives
“Execution fails because you can’t link, track, measure and communicate results across disparate systems.”
Jim is available to answer your questions about strategic planning, and how Plansmith can help your bank to successful plan execution. You can contact him via email firstname.lastname@example.org or book time directly on his calendar by clicking this link.