What Is Business Development? This includes increasing revenues, growth in terms of business expansion, increasing profitability by building strategic partnerships, and making strategic business decisions.
Strategic Planning is the process of developing a long-range plan for the direction and goals of an organization. We ensure any new initiatives meet objectives toward one or more of these goals: Employee Engagement We believe employees are a key component of our success.
The name reflects not just the desire to retain and recognize our employees, but also to keep them actively engaged in the Credit Union. Board Development It is important technology development business plan our Board continue their education, understand industry trends, and be provided with the resources needed to make sound decisions.
Organizational Effectiveness and Efficiency We will continue working on improving processes and making investments that help employees do their jobs, and members manage their finances, in a manner that is both effective and efficient. Embrace Technology In addition to exploring new technology, this goal encompasses providing employees and members with the most up-to-date technology offerings possible.
We are aware that technology is constantly changing, and it is important for us to keep pace with the industry. Facilities Master Planning Maintaining the physical infrastructure of our facilities is important.
We want to ensure buildings are accessible, safe, welcoming, and comfortable for members and employees. This goal reflects the desire to examine facilities at all CFCU locations and make necessary improvements. It is important to continue establishing strong relationships with each member, and helping identify our products and services that meet their needs.
Maintain Financial Health This goal reflects the need to consider all aspects of the balance sheet when making decisions. Each year, the Board of Directors approves a budget that includes financial goals and desired ratios. The budget is set by taking into account past history, market potential, and upcoming projects.
Market Expansion and Retention We have a strong presence in our two-county market. The name of this goal recognizes the desire to maintain or grow our current market share, being open to new possibilities, and retaining our current members. Establish Vision, Mission, and Values As we move towards a billion dollar credit union, one of our next steps is to develop a vision statement, mission statement, and set of values that clearly articulate who we are and what we stand for.
We will seek input from employees, members, volunteers, and community leaders as we work toward this goal.
Hilton and Associates, a top provider of credit union services, to work on strategic planning. Executives, the Board of Directors, and members of the Supervisory Committee met for a day-long retreat where we discussed numerous aspects of the Credit Union and objectives for the future.
These ideas were compiled into 10 goals.
From that point forward, all budgetary and programmatic decisions were related back to the Strategic Goals. Sincewe have also implemented a series of meetings and retreats for employees, managers, and volunteers to revisit strategic objectives, discuss necessary adjustments to the goals, and track progress on projects tied back to the Strategic Plan.
Members have been informed during the Annual Meeting, through newsletter articles, and now through this website! We see Strategic Planning as a collaborative, cyclical process that involves everyone connected to CFCU, with all paths leading back to the member.
For example, members share ideas with employees and the Board of Directors. Employees take these requests to project managers, who bring them to the Executive Team. The Executive Team and project managers often work with vendors, or critical business partners, who provide the product or service needed.
The Board of Directors approves policies and votes on strategic decisions and goals, and members see the outcome of these decisions through their interaction with employees. The process can begin at any point in the circle, and all stakeholders are critical to our success!Mar 13, · The purpose of a local educational agency (LEA) educational technology plan is to guide the use of technology, by establishing clear goals and a realistic, comprehensive strategy to improve education through technology.
The strategy should include how professional development will support staff in.
A Business Plan is crucial for starting and running your business successfully. Sound business plans can help you get a loan, keep you on track toward your goals, and provide a reference for benchmarking, reviewing results and making adjustments in your business.
Development of a business continuity plan includes four steps: If a facility is damaged, production machinery breaks down, a supplier fails to deliver or information technology is disrupted, business is impacted and the financial losses can begin to grow.
Sample Business Plan IT ADVISERS (EXAMPLE IT BUSINESS PLAN) - technology and hi-tech products in international markets. Its founders are former marketers of quality alternative to in-house resources for business development, market research and channel development on an international scale.
The business plan is the key ingredient for a successful business and is often ignored.
This session shows you how to create an individualized business plan, and provides the tools to make it easy. The primary value of your business plan will be to create a written outline that evaluates all aspects.
‘BRIEF’ TECHNOLOGY PLAN TEMPLATE (To Aid Charter Schools in Technology Planning) Plan Author: _____ Planning Team: (names, positions) School Address: (School Name) ‘BRIEF’ TECHNOLOGY PLAN: YEAR 20XX 2 TABLE OF CONTENTS BUSINESS STAFF 8 What will the school provide each person as a standard set (PC, printer.