FICCO prepares for 2016 Breakthrough

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“There is only one thing that makes a dream impossible to achieve: the fear of failure.”

The FICCO Board of Directors, Head Committee Officers, Key Management Officers and staff gathered last December 26-27, 2014 at FICCO Tiano Training Hall to revisit FICCO’s Strategic plan. They aim to hit FICCO’s Breakthrough on 2016 with Financial Target expected, listed as follows:

Assets P14.5
Deposits P8.0
Loans P9.0
Share Capital P5.5
Net Surplus P1.0
Dividend 12%
Patronage Refund 12%
Delinquency Rate 8%

Five teams were formed, with each team being asked to restate the FICCO Vision and Mission into concise phrases in order to identify the ‘Reached-Scope’, ‘Time-Target’ date to accomplish and ‘Focused- Target Market’.

The two-day strategic plan which was facilitated by Dr. Dixon Yasay, was filled interactive discussions and output applications.  The workshop is one of FICCO’s actions into bringing the cooperative to further success.