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Article: Strategic planning for superior bank performance
- Article from:
- Hoosier Banker
- Article date:
- January 1, 2003
- Author:
CopyrightCopyright Indiana Bankers Association Jan 2003. Provided by ProQuest LLC. (Hide copyright information)
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Directors/Senior Management
Nothing about strategic planning is easy Data collection and analysis require time, attention to details and a willingness to ask the hard questions. The planning phase takes commitment and a good measure of business sense, enhanced by imagination. Implementation does not happen without discipline, drive and determination. For effective followthrough, dedication and the ability to honestly evaluate results are necessary.
"It's all demanding," admits Line Wiley, president and chief executive officer of Citizens Business Bank, Ontario, Calif. However the difficulty of the strategic planning process is an indication of its inherent worth to the organization, its ...