Role of the Board in Strategic Planning

Course Objectives:

Describe the high-level issues the board must consider in
thinking strategically to establish the credit union’s mission
vision and values
Define the distinct role of the board and management in
strategic planning
Explain why the strategic planning process must move
beyond an annual cycle to deliver the best possible value to
member/owners
List the questions the board must consider in evaluating and
adopting the strategic plan
Discuss how the board and management work together to
ensure that the entire credit union is aligned to the strategic
plan and how to maintain the strategic discipline needed
to achieve long-term success.

Target Audience: Credit union board members

Study time: 2 hours

Author:
Ted Thames, CCE, and Dan Clark, CCUE

© 2008 Credit Union Executives Society, all rights reserved