NAIFA has finalized its 2021 Business Implementation Plan (BIP), which provides tactics for achieving outcomes and implementing strategies established by the NAIFA 2025 Strategic Plan.
Future BIPs will be developed in concert with the annual budget process, with both being presented to the Board of Trustees for review and approval in Q4 for the following year. That way our executional plan, resource spending plan, and staff goals will all be in alignment and done at approximately the same time.
The BIPs are important to ensure NAIFA is making progress toward our established goals, identifying needed adjustments to the strategic plan, and providing transparency and accountability to our members and other stakeholders.