Plansmith Blog

Strategic Planning in Community Banks 101

Posted by Shawna Brauer on 2/11/14 6:00 PM

This past year, I sent my oldest off to college for the first time. Amid the tears (ours) and shouts of joy (hers) there was much hard work, paperwork and check writing involved to get her to this point. And while we want her to celebrate what she has already accomplished, we also want her to focus on the details needed to get her to the next milestone - College Graduation. Fortunately, she does have a mandatory Strategy 101 class that – among other things - requires her to map out her course schedule for the next four years. The focus is not to create a roadmap that she should not deviate from, but rather to get her thinking about how to build in nice-to-haves (study abroad), plan for some "what-ifs" (change of interests), and to regularly check back in to see if she is staying on course or needs to alter her path.

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