Strategic Plan Module

8/7/2019 Strategic Plan Module

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LPMPCStrategic Planning

Workshop

Jan. 7 9, 2011

Apolonia Hotel, J. Panganiban

Camarines Norte


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OBJECTIVEOBJECTIVE

To bring the Officers,To bring the Officers,Management and staffManagement and staff

Of LPMPCOf LPMPCto think and actto think and act

TOGETHERTOGETHER

on what matterson what matters

to their COOP and theto their COOP and thecommunitycommunity

which they servewhich they serve


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OWNERSHIP OF THEOWNERSHIP OF THE

PROCESSESPROCESSES FocusFocus

Participate activelyParticipate actively

ListenListen

Express oneselfExpress oneself

Reconcile all ideasReconcile all ideas


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STRATEGIC PLANNING

formal consideration ofan organization's future course

a process for determining where an organization is

going over the next year or more -typically 3 to 5years, although some extend their vision to 20 years

deals with at least one ofthree key questions: "What do we do?

"For whom do we do it? "How do we excel?

In business strategic planning, the third question isbetter phrased "How can we beat or avoidcompetition?".


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In order to determine where theorganization is going, the organization:

needs to know exactly where it stands

then determine where it wants to go

and how it will get there

The resulting document is called the"strategic plan".


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Whereare we now???


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2009 & 2010

Accomplishment Report Performance Highlights

Members

Lending Operation

Share Capital

Deposits

Net Surplus

Challenges

Why???Why???


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Opportunitiesexternal conditionsexternal conditions

that are helpfulthat are helpful

to achievingto achieving

the objectivethe objective

Weaknessesattributes ofattributes of

the organizationthe organizationthat are harmfulthat are harmful

to achievingto achieving

the objectivethe objective

Strengths

attributes ofattributes ofthe organizationthe organizationthat are helpfulthat are helpful

to achievingto achievingthe objectivethe objective

Threats

external conditionsexternal conditionswhich could do damagewhich could do damage

to the business'to the business'

performanceperformance


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Internal FactorsInternal Factors

MembersMembers OfficersOfficers

StaffStaff

ResourcesResources

Programs andPrograms andservicesservices


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Internal FactorsSTRENGTHS

What advantages do we

have?

What do we do better

than others?

What unique or lowest-

cost resources do we

have or we have access

to? What do people in our

market see as our

strength?

WEAKNESSES

What could we improve?

What must we avoid?

What are people in our

market see as ourweakness/es?


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External FactorsExternal Factors

Community

people, economy

Government

National and

international

situ

ation Competitors

Technology


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External Factors

OPPORTUNITIES

What are the

chances available?

What are the

interesting trendswe are aware of?

THREATS

What obstacles do we face?

What is our competitors

doing?

Is technology affecting us?


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SWOT Analysis

Internal Factors (s/w)

Group I

Members

Officers

Staff

Group 2

Resources

Programs and services

External Factors (o/t)

Group 3

Community people andeconomy

Government

Group 4National /international

situation

Competitors

Technology


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Creative Use of SWOTs: Generating

Strategies

How can we Use each Strength?

How can we Improve each Weakness?

How can we Exploit each Opportunity?

How can we Mitigate each Threat?


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Matching & Converting

Matching is used to find competitive

advantages by matching the strengths to

opportunities.

Converting is to apply conversion strategies toconvert threats or weaknesses into strengths

or opportunities

Ifthe threats or weaknesses cannot be

converted, try to minimize or avoid them


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Do not eliminate too quickly anycandidate SWOT entry.

The importance of individual SWOTs willbe revealed by the value ofthe

strategies it generates.

A SWOT item that produces valuable

strategies is important.

A SWOT item that generates nostrategies is not important.


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2011 Work and Financial PlanPROGRAMS ACTION PLANS TARGET DATE BUDGET RESPONSIBLE PERSON


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WhereWheredodo

wewegogo

fromfromhere?here?


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REVISITING

OUR VISION-MISSION

STATEMENT


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VISION STATEMENT

Outlines what the organization wants

to be. It describes a future identity. It

concentrates on the future.

A source of inspiration

Describes what will be achieved ifthe

organization is successful


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Effective vision statement

Clarity and lack ofambiguity

Vivid and clear picture/Description ofa brightfuture

Memorable and engaging wording

Realistic aspirations

Alignment with organizational values andculture


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To become really effective

must become assimilated into theorganization's culture

Leaders have the responsibility ofcommunicating the vision regularly

creating narratives that illustrate the vision

acting as role-models by embodying thevision

creating short-term objectives compatible

with the vision and encouraging others to craft their own

personal vision compatible with theorganization's overall vision.


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MISSION statement

concentrates on the present defines the customer

informs you ofthe desired level of

performance

provides a path to realize the vision

Defines the fundamental purpose ofanorganization or an enterprise, basically

describing why it exists.

serves as an ongoing and time-independent guide


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Format of mission statement

We provideWe provide [[what product orwhat product or

serviceservice]] toto [[target customer basetarget customer base]]

forfor [[endend--user benefitsuser benefits] .] .


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Goal-setting

Membership

Regular

Associate

Asset

Share Capital (outstanding)

Deposits (outstanding)

Savings

Special savings/Time deposits

Kiddie Savers


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Goal - Setting

Loans

Loan releases

Regular loans/Number ofborrowers

Microfinance loans/Number ofborrowers

LABMO loans /Number ofborrowers

Outstanding loans

PAR ratio Others

- Agri-business projects


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How do we go there?


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FOCUS ON YOUR VISION!

Annualize your plans

2011 Work and Financial Plans

5 year Performance Targets

1-year Strategic plan


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2011 Proposed Budget


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The journey continues

Act and think together

Draw the future ofLPMPC

Managing Future Growth Communicate

Implement

Monitor

Review

Update (catch up plan)


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Congratulations!

God BlessLABO PROGRESSIVEMULTI-

PURPOSE COOPERATIVE

(LPMPC)

Strategic Plan Module

Documents

Transcript of Strategic Plan Module