Midwest bank with $500 million to $1.5 billion in assets under management.
The bank lacked a strategy that included the viewpoints of each regional president of the organization. Leaders at the bank desired to create a strategy that encompassed the full organization and identified measurable objectives that would lead to success for all regions of the bank.
Bâton Global (B|G) supported the bank during the development and implementation of an enterprise strategy and balanced scorecard. This strategy was then developed down to regional components and to individual key objectives for more than 50 staff.
The work cultivated trust and buy-in from the bank’s regional branches and cemented a shared common vision. The bank now has measurable objectives, aligned from top to bottom, to guide it to future success.
The scope of this project includes four main areas of activity:
The Insight phase of the project was focused on identifying the current state of the business both at the organization level and in each of the bank branches:
B|G and the bank developed an organization strategy and unit level strategies that would provide the organization with clear strategic direction:
B|G ensured all members of the organization, including members located in rural branches had an understanding of the strategy developed during Innovation:
All areas of the bank had clearly articulated strategies that aligned to the vision of the organization: