Strategic planning methods are as different and varied as there are credit unions.
Some credit unions invite the board in for a three-hour meeting to discuss possibilities for the future, keep the same objectives, bump financial goals incrementally, have lunch and call it a plan well done.
On the other extreme, some credit union executive teams meet monthly to review strategic progress, have metrics dashboards that update routinely while connecting executive incentives to strategy and objective accomplishments. They also involve the board in continuous strategic discussions throughout the year.
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