A well-developed strategic plan is a fundamental tool to assist in the delivery of long term sustainability, operational resilience and enhance member value.
The development of a strategic plan takes time and requires a step back from day to day operations and an examination of both the external macro environment and the internal capabilities of the credit union.
It involves analysing key trends, risks, competitive pressures, regulatory expectations, and organisational performance. The Board must then define the Credit Union’s purpose, vision, objectives, and priorities, and agree clear, measurable strategies over a defined planning horizon.
Strategic planning should be constructive, engaging and forward looking allowing the Board and management team to be energised and with clarity of direction.
RBK’s specialist team have facilitated and completed a number of independent strategic planning sessions.
We can assist you in this process with:
While the duty to prepare the strategic plan rests firmly with the Board of Directors, RBK will act as an independent facilitator of the process. We provide structure, challenge assumptions constructively and deliver both qualitative and quantitative analysis. Our objective is to help your Board achieve the right balance between ambition and prudence while retaining ownership of the strategy and vision.
For further information or to discuss how RBK can address your specific needs, please contact a member of our team.
At RBK, we provide our clients with high-quality technical and commercial solutions that are responsive, relevant and practical.
