How Strategic Planning can Build a Strong Board
Howard Bufe, CU Resources, Inc.
One of the primary functions of a board member is to set policy, plan the credit union’s course and make sure the credit union maintains its sound financial condition. Once specific duty includes working with the President and Management Team to develop objectives and goals for the credit union. Bottom line, it’s your responsibility and duty to formulate a strategic plan for the future success of the credit union. A strategic planning session is not only an opportunity to enhance the performance of the credit union, but it’s also an opportunity to strengthen the knowledge and performance of the board.
About Howard Bufe
Howard Bufe is Assistant Vice President of OnBalance, a department of Credit Union Resources Inc., a subsidiary of the Cornerstone Credit Union League. OnBalance provides professional planning, consulting and training. Howard also works as a Financial Analyst for ALM Resources a department of the Cornerstone Credit Union League providing analysis, commentary and guidance for individual credit unions. Howard has also provided consultation and training for management and staff of both the Barbados and Jamaica Co-operative Credit Union Leagues. Howard has worked in the Financial Services Industry 30 years. His experience includes Assistant Controller, Financial Analyst, and Trainer. Howard earned his Bachelor of Science degree in Accounting from Lubbock Christian University.