Directors and Officers Review the 2015-2017 Integrated Plans for
Growth and Competitiveness of FICOBank

On July 30 to August 2, 2014, at the Fontana Convention Center in Clark, Angeles City, Pampanga, the Board of Directors, Senior Management, Chief Officers, Department Heads, Area Managers and selected Branch Managers, totalling to 38 persons, took a glimpse of the past and a glance at the future of FICOBank. Through the assistance of Mr. Rene Hapitan and Ms. Jennifer Reyes of the Business Group of Guthrie-Jensen Inc., the four-day Integrated Planning for Growth and Competitiveness, from planning to execution, was undertaken to determine what the business of FICOBank will look like in a three-year time.

As has been agreed upon, Guthrie-Jensen will submit a terminal report, together with the final draft of the 2015-2017 Integrated Plans for Growth and Competitiveness of FICOBank. The said requirements were submitted to the Bank by Guthrie-Jensen. It was unfortunate, however, that the final draft of the said integrated plans, which was supposed to be presented to the Board of Directors, is hollow.

Following the directive from the Board of Directors, the Senior Management, with the support of the Business Development Department and the Accounting Department, worked out for the details of the 2015-2017 Integrated Plans for Growth and Competitiveness that will be subjected for review by the directors and officers alike in a plenary session.

As soon as the draft of the integrated plans was finalized, a one-day review of the same was scheduled in El Nido, Palawan on January 23, 2015. This time, all the directors and officers (from top to lower echelon of management) were enjoined to participate, so as to enable them to imbibe the right business mindset and a sense of ownership. Aside from the support staff, a total of 55 participants with plenary authority had been registered for this review activity.

Right after the simple opening ceremonies, the plenary session, which was presided over by the Chairman of the Board, Atty. Estalker A. Argonza, took place. The proposed draft of the integrated plans vis-à-vis the output during the four-day planning session in Clark was presented by the Senior Vice President for Treasury & Corporate Services, Atty. Hubert E. Molina. Comments and questions were raised, and clarifications were given, during the plenary session. The same were all documented to form part of the final draft of the integrated plans that will be submitted to the Board of Directors for approval.

The Bank’s three-year integrated plans have the necessary elements to inspire and engage people to commit to a cause. The same have also the characteristics to: provide direction; give guidance for decision-making; define what will and what will not be done; align people and activities across the organization; provide purpose and a source of inspiration; and bring change and hope for the future. 

Through the 2015-2017 Integrated Plans for Growth and Competitiveness, the Bank can easily capture the hearts and minds of its people—thus, creating a desire for everyone to sign up to its cause.