Bankers: Circle the Wagons Around Your Strategy
Jeff For Banks
JANUARY 6, 2013
'Whether you are a bank, thrift, or credit union, I hope you have a strategy for 2013 and at least three to five years into your future. If not, you better assemble the troops and determine the bank you want to be, or you run the risk that your customers don''t see you as anything but just another bank (or thrift, or credit union, what have you). So often, though, FIs develop specific objectives, like mentioned below, and limit the input on how exactly to accomplish the objective to a few people
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