Your Plan Won’t Save You in a Merger—But This Will
Your plan won’t save you. A strategic planning system designed for high-stakes execution will. Here’s how top community banks avoid merger collapse.
A teacher read a story to her second grade class about a village of fishermen. “Take out a sheet of paper,” she said, “and I’d like you each to draw a picture of the lake and the fishermen from the story.”
The class began drawing big blue lakes with boats scattered across the water. As the teacher walked around, she noticed the work of one girl. Instead of scattering the boats across the water, the girl had drawn all of the boats clustered in one small cove of the lake.
“That’s interesting,” said the teacher. “But why are they all bunched together like that?”
The girl looked at the teacher with weary patience. “Because,” she said, “that’s where the fish are.”
Smart girl! She knows what many marketing professionals seem to forget: You don’t catch the most fish by fishing every square foot of the lake. You do it by figuring out where the fish are—and dropping anchor.
There has never been a better time to fish where the fish are than right now.
Here are seven secrets to finding and catching the hungriest fish—the customers who will add to your bottom line instead of nibbling from it:
This is the information that can define your perfect fishing hole. Here’s hoping you catch your limit.
Oh, and PS: There is no limit!
Your plan won’t save you. A strategic planning system designed for high-stakes execution will. Here’s how top community banks avoid merger collapse.
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