Strategic Planning for your Chapter

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Strategic Planning for your Chapter
Frederick Rheaume, MSM, MPP 03 Eta-Eta,
Bridgewater State College Chapter
Director Theta-Iota, Bentley University ThetaIota
CD_at_sigmapi.org Principal Licensing
Examiner Non-Depository Supervision Commonwealth
of Massachusetts Division of Banks
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The ground floor

• What is strategic planning?
• Vision, Mission, and Goals

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Personal Finances Understanding Credit Before
its Too Late
Strategic Planning and chapter growth

• Leading management tool
• Failing to plan is planning to fail
• Better results

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Personal Finances Understanding Credit Before
its Too Late
Getting ready to plan

• Elements of a strategic plan
• Where are we now?
• Where are we going?
• How will we get there?

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Personal Finances Understanding Credit Before
its Too Late
Getting ready to plan

• Process and timeframe
• Establish you process
• Instill planning as a habit, not an event
• Planning smoothly

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Personal Finances Understanding Credit Before
its Too Late
Getting ready to plan

• Selecting your team
• Visualizing the future

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Personal Finances Understanding Credit Before
its Too Late
Evaluating the past

• Review the previous year
• Achievements, failures, problems
• SWOT Analysis
• Understanding your finances

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Personal Finances Understanding Credit Before
its Too Late
What do you do best?

• Know your competitive advantage
• Using your advantages now

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Personal Finances Understanding Credit Before
its Too Late
What is your current situation

• Connecting your capabilities and resources
• View your chapter from the outside looking in
• Analyze your competition
• Analyze your potential rushes

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Personal Finances Understanding Credit Before
its Too Late
Moving towards the future

• Strategizing how to grow
• Executing the strategy

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Personal Finances Understanding Credit Before
its Too Late
Evaluating your priorities

• Evaluating your opportunities
• Balancing your priorities
• Turning priorities into strategies, objectives,
  and goals
• Pegging your measures

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Personal Finances Understanding Credit Before
its Too Late
Assembing your plan

• Assembling the plan
• Visualizing your plan with a strategy map

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Personal Finances Understanding Credit Before
its Too Late
Implementation

• Implementation
• Communication
• Accountability
• Progress
• Keeping the plan alive

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Personal Finances Understanding Credit Before
its Too Late
Olsen, E. (2007). Strategic Planning for Dummies.
Indianapolis, IN Wiley Publishing, Inc.