Strategic Planning
Build your roadmap to success, today
Rochdale’s approach to strategy includes the creation of a powerful plan that unifies and aligns the organization around intended results. As a critical element of success, a strategic plan through a unified and unbiased understanding of where you are today, where you are going and what you hope to achieve, will lead to sustained and long-term success.
Three key promises:
- Customization – Every engagement is tailored to the unique culture and needs of the individual client.
- Challenge – Assumptions and goals will be challenged to ensure there is a clear and unbiased view with which to make decisions and that strategies can truly fulfill the desired outcomes.
- Inclusion and unification – Participant engagement and group consensus are keys to a strong strategic plan.
Strategic Planning Approach
We work with you to make sure your plan is customized to meet your specific competitive and business model demands. We believe no two credit unions are alike, and this drives the development of unique strategic plans for each of our clients.
While tailoring our approach, Rochdale uses a strategic planning methodology in which we strive to identify projected environments in which your credit union can thrive. We have expertise in enterprise-wide risk and a deep understanding of the credit union and financial services industry, which enables us to analyze, interpret, challenge and propose different strategic directions.
And our experience with hundreds of credit unions across the country allows us to offer best practice alternatives and potential pitfalls.
Project Scope
Program efforts include governance and organizational management in the strategic planning process to achieve complete alignment and a common set of expectations.
Through a series of virtual and in-person interactive sessions, we’ll partner with your team to establish a comprehensive and executable plan. Not only are we involved up-front, we’ll stay engaged with your team, creating accountability and making adjustments as required.
Sessions are designed to assess:
- Current capabilities
- External challenges
- One-to-three or three-to-five year visions
- Uncertainties that could threaten your organization’s survival
- Risk factors that could derail your strategic plan
- Growth opportunities
- Environmental factors
- Risk-reward trade-offs
- Strategic risks associated with strategic plan
The planning process will seek to develop valuable growth strategies and validate existing efforts. We believe being a good partner requires being brutally honest and not just throwing out the old to demonstrate a perception of value.
We view project success on the delivery of a unified leadership team, a strong sense of vision, an actionable plan and meaningful results!
