Cornerstone's Profit Improvement Plan analyzes your organization's current strategic plan and identifies opportunities to improve net interest margin, fee income, expense control, and market growth.

The Profit Improvement Plan seeks to discover and define profit improvement opportunities based upon financial data, internal company information, and market research. Key areas covered in the Profit Improvement Plan include:

• Bank strategy
• Stock price performance
• Market area
• Net interest margin
• Non-interest income
• Non-interest expenses

Based on the opportunities identified in a Cornerstone Best Practices Assessment, the Profit Improvement Plan focuses on detailing specific, actionable recommendations, which are ordered by function and prioritized by their financial impact, required resources, and availability of systems to support the improvements. Cornerstone works closely with senior management to structure and select profit improvement teams.

Cornerstone conducts a formal facilitation process that involves four milestone steps: Vision, Assessment, Planning, and Presentation. As a final step, we provide senior management with a worksheet to prioritize any recommendations that require bank resources. These identified projects can then be integrated into an ongoing project approval and management process. In addition, we supply a scorecard to track how well the proposed changes are improving productivity and delivery within the organization.

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