Awards

2009 Society Excellence Award for Strategic Planning

The CFA Minnesota entry clearly met the category's criteria.  Specifically, the judges appreciated how "Minnesota's strategic plan included SMART goals and had a clear connection between the mission, vision and objectives and addressed specific results.  The results are truly visible, as identifying issues within a society and finding a proactive solution is no small feat.

CFA Institute values its Member Societies and the work they do to help lead the investment profession globally by setting the highest standards of education, integrity, and professional excellence.  The Minnesota society's award-winning efforts are a shining example of this leadership."

Award Criteria

Effective operation of a Member Society requires detailed planning and execution. A mission, vision, goals and objectives, and policies and procedures all are needed. This category recognizes the member society that has “planned their work and worked their plan” by developing an annual business plan and/or longer‐term strategic plan, and implementing systems to ensure successful execution of the plan(s).

Includes:

• The society's annual business plan and/or longer-term strategic plan was developed (the process followed)
• How the elements of the plan(s) relate to specific activities of the society (e.g. plan implementation)
• The method and frequency for evaluating achievement of plan objectives and goals, and modifying plan elements as necessary
• How success is measured
• Results to date in achieving the goals and objectives set forth in the society's plan(s)
• If applicable, compare and contrast the current business and/or strategic plan to previous versions of the document(s)