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.”

Download a copy or visit Independent Banker to read the complete article and learn more about executing a strategic plan.