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Q1 Credit Union Strategic Plan Reminders: 3 Things To Stay On Track

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It’s a new quarter, and it’s a new year, but maybe you’re off to a rough start with accomplishing those tasks in your credit union strategic plan for 2023. Fires have popped up, and the urgent is taking priority over the important.

Here are three things you should do right now to make sure you don’t fall back into the hole of bad habits that keep you from success this year:

  1. Move on. It’s common for Q1 strategic priorities to take a back seat to the autopsy of failures from the previous year. By all means, DO IT! Make sure you look at what went wrong and plan ahead to avoid it, but don’t let it suck all of the air out of the room. Don’t let looking in the rearview mirror over-intrude into what is right in front of you now. Discuss it, learn from it, and get back to work on Q1.
  2. Don’t go back. When you start working on the tasks from your strategic plan, it’s going to make some of your team uncomfortable. Change isn’t comfortable for them, and there’s going to be a natural inclination to push back on what has already been approved and discussed. Or worse, arsonists who say they are on board but do everything they can behind your back to sabotage your strategic plan. As leaders, it’s your job to hold your team accountable for working on the strategic plan. That means high levels of quality communication with those who are getting outside of their comfort zone and dealing swiftly with any arsonists.
  3. Be ready to adjust. Not to appease the arsonists or coddle the uncomfortable but be flexible in adjusting your strategic plan when you encounter wrong assumptions. During strategic planning, you may have set strategies or goals on certain assumptions you find out may be a bit off or even totally incorrect. You’ve had time to gather data and gain perspective. The sooner you uncover this and deal with it, the more successful you will be when you reflect back at the end of the year.

“There’s plenty of time left.”

Those are the most disastrous words you can say at this point in Q1. You’ll repeat those words throughout the year until your next strategic planning session and find that you didn’t accomplish most of what you wanted or needed to accomplish. Feeling stuck? Not sure how to move forward? I’m just an email away

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A Nashville native, Mandy is intimately familiar with the profound effects of great art and stellar design. Especially influenced by the city’s music scene, one of her lifelong ambitions – besides trips to Italy and Japan – is to professionally create album covers. When she isn’t practicing her craft, you might catch her out and about enjoying matcha boba tea or at her favorite dining establishment: Mas Tacos. That, or obsessing over her Persian cat, Benny!

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Although originally drawn to marketing for its lack of math, Reh now finds himself doing more math than he would’ve bargained for. But his self discipline and positive attitude make it easy for him to laugh and take it in stride. Hoping to one day visit Japan and enjoy some premium Sushi, Reh lives life by his creed: Be a good human. Do good work. And above all, just keep going.

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Whether he’s enjoying a cup of coffee in the morning or the occasional Pale Pilsen in the evening, Dexter is eager to work with the talented professionals of YMC, and we’re just as eager to add his talent to the team as well! His marketing words of wisdom? “Be creative, and just do what you want!”

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When she isn’t jamming out to T-Swift, she’s happy to impart some marketing words of wisdom, “Aim to create something unforgettable.” For day-to-day inspiration, she would remind you of two fundamental truths: You decide your happiness, and Ice cream is its own food group—not just a dessert.

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