December 18

Effective strategic planning keeps key players in the loop

first_imgby: Shazia ManusIn an article I recently wrote for Credit Union Business, I examined the challenges and changes occurring in the realm of strategic planning. In the article, I highlight the characteristics I believe are key for an effective strategic planner to possess.In my last blog post,  I took a closer look at Trait #2: Get Oriented to the Future. The excerpt below covers the third trait.Trait #3: Open the Door WiderConsider including, or at a minimum consulting with, those key employees who will have a hand in achieving the financial institution’s (FI’s) desired goals. Once those goals are firmly in place, be sure the premise for each goal is communicated alongside the expectation for what success looks like. When people understand the context of a new tactic, they are more inclined to buy into the strategic vision of the FI. Change is difficult for many people. Yet when they can see the potential impact of that change and understand their role in it, they are more open to making the necessary adjustments.Any potential confusion that may come from a strategic plan’s goals can be eliminated with specificity. When you draft the plan, be clear. Avoid ambiguity in language, outcomes and processes. Plans that provide clarity facilitate accountability, providing a hard link between planning and execution.It is important to remember plan execution happens at the day-by-day task level. Building the proper governance to support, monitor and control the outcomes of the strategic plan is critical. As they say in leadership circles, inspect what you expect. continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

October 20

Where does Cuomo get power to spend?

first_imgThe Federal government shutdown closed the Statue of Liberty. Gov. Andrew Cuomo has the New York budget $4.5 billion in the red, but he had proposed “providing state money” to keep it open.He continues to campaign with taxpayer money.Further, how does Cuomo just spend money that’s not budgeted with no legislative approval?It’s not state money. It’s taxpayer money.John MetalloAlbany More from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Find a way to get family members into nursing homesFeds: Albany man sentenced for role in romance scamEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Beware of voter intimidation Categories: Letters to the Editor, Opinionlast_img read more