The Strategic Planning Lie That’s Keeping Banks Mediocre [VIDEO]
Roxanne Emmerich exposes the toxic lie behind most strategic plans—and the second-order thinking top banks use to pull away from the pack.
A formidable organizational culture score is the foremost predictor of future growth and profitability, as demonstrated by hundreds of organizational development studies. In this episode, let’s delve into a system that, almost invariably, has assisted our clients in elevating their culture scores every…single…year to create a workplace where people can authentically say, “Thank God It’s Monday!”
If you believe your culture is already exceptional but wish to maintain its progress and safeguard it against potential threats, stay with me.
If, on the other hand, you are dispirited because your attempts to enhance culture have not yet manifested in remarkable performance and employee ownership, I’m here to offer hope.
If instead you have a decent culture but know it could be better, you’ve come to the right place.
To develop a culture with a consistently improving score, several challenges must be overcome. To tackle these challenges, we present a three-step system for advancing your culture and culture score:
Step 1: Acknowledge that culture is not solely driven by goals, training, or incentive pay. Instead, recognize that a peak-performance culture is established through a series of interconnected systems that promote an advancing workplace culture and, equally important, protect its progress. It’s about forging a resilient culture, much like a tree with deep roots that can weather any storm.
Step 2: Adopt an all-encompassing approach to a winning performance culture that integrates strategy, marketing, breakthrough results, continuous improvement of employee performance, and other systems to ensure long-term success. Constructing a robust culture, like cultivating strong roots, instills confidence and fosters alignment within your organization.
Step 3: Applaud the appropriate behaviors and metrics, and align everyone. Guarantee that your celebration and visibility systems bolster continuous improvement in both culture scores and the ambiance of the culture, just as a tree’s roots continue to grow and strengthen over time.
In summary, to construct a thriving culture…
Embrace the notion that culture is an extensive system, much like the roots of a tree, combined with suitable tools and visibility of leading and lagging indicators.
Enlist others to become leaders in the “this is how we do things around here” transformation.
Remember that although cultures will experience peaks and valleys, the objective is to attain higher peaks and elevated valleys, just as a tree’s growth is characterized by periods of expansion and consolidation.
A robust and advancing culture has been proven to be a leading indicator of future growth and profitability, just as a tree with strong roots is more likely to flourish.
By following this three-step system, you’ll be well on your way to cultivating a culture that not only supports but also propels your organization’s success.
In the next episode, we’ll explore how to create a “wow customer” culture.
– Roxanne Emmerich
Please watch the video above and share it with your exec team and board.
Roxanne Emmerich exposes the toxic lie behind most strategic plans—and the second-order thinking top banks use to pull away from the pack.
Your boardroom may be your biggest blind spot. Discover how elite banks fix strategy at the Breakthrough Banking Blueprint™ Bootcamp.
Great employees don’t automatically produce great bank results. Discover why Top 5% performance requires employees who understand profitability, create deeper relationships, command premium pricing, and become trusted advisors customers never want to leave.
Elite banks aren’t born elite. They build systems, practice the right behaviors, and continually sharpen how they create value. Discover what helps top 5% banks reach exceptional performance—and stay there.
What separates America’s top-performing community banks from everyone else? Discover the systems, culture, and performance disciplines that help extraordinary banks protect profitability and independence.
Most banks lose the pricing conversation long before rates are discussed. Discover how elite community banks command premium pricing while protecting profitability and independence.
Most banks never intend to compete on price, yet rate matching quietly erodes profitability every day. Discover the strategy that allows top-performing community banks to command premium pricing and protect net interest margin.
The best community banks don’t win pricing wars—they avoid them. Discover how stronger positioning leads to higher net interest margin and greater profitability.
The highest-performing community banks don’t waste months searching for their ideal customers. Discover the proven process they use to identify profitable relationships quickly and execute with confidence.
Most banks believe their market determines pricing. Discover why that belief destroys profitability—and how elite community banks command premium pricing instead.