Strategy and Organizational Development

Core Values

Integrity without Compromise

Open Honest Communication

Respect All Customers and Employees

Teamwork and Collaboration

Personal Accountability

Make Principled Decisions that Provide to both the Company and our Customers

Run it Like You Own It

Organizational Development

Organizational Development includes several factors that help the organization continue to grow and execute strategic objectives. It is mainly about iimproving performance through processes, developing leaders, focusing on customers, while ensuring that all activities are aligned with the culture of the organization. Finally, it is important that the effectiveness of individual performance and that of the organization are measured.

One of the five goals in the Corporate Strategic Plan is implementing succession planning and future leadership. A comprehensive talent management model designed as a best practice by the American Society of Training and Development (ASTD) has been used as a tool to evaluate our programs and identify areas that we want to improve and develop. Over the next three years will we be expanding our programs in the eleven areas of the model listed below:

• Job Analysis
• Attracting
• Recruiting
• Selecting
• On-Boarding
• Performance Management
• Learning & Development
• Pipeline Planning
• Succession Planning
• Career Planning
• Retention

One of the most important strategies of the Company is focusing on the business model that has made 1st Franklin Financial Corporation successful for over 70 years. This business model places our customers, community, and, you, our employees, in the highest regards.

As the videos below emphasize, we pride ourselves in our service and helping our customers " do life". We partner with our Trade associations, American Financial Services Association (AFSA) and National Installment Lending Association (NILA) to continually educate members of Congress and federal regulators about our industry and business model.

Welcome to the Strategy and Organizational Development Department at 1st Franklin Financial! 

This webpage is designed to introduce you to how this department supports the Company and serves our employees through growth and development. Let's take a look t the different areas that make up the department.

What is Strategy?

Strategy is more than just "good ideas." it is about getting results and drawing success from a vision. That  happens when a vision is broken down into workable "chunks" that our people understand and accomplish. The purpose of this site is to provide you with information about 1st Franklin's Strategy, as well as it's Mission, Vision, and Values... and the elements that have made the company successful for over 70 years.

Our Strategic Plan is based on the basic fundamentals of a  traditional loan business model, not some fad or "flavor of the month." Our planning process includes four main areas found in basic Marketing analysis. A SWOT acronym is used to describe the planning process that  we use to take a critical review of our company,  business environment, and the markets in which we operate. This SWOT analysis  helps us to identify all of the critical elements that can either help the business be more successful or make it challenging to operate... even sometimes fail. The Strengths, Weakenesses, Opportunities, and Threats are carefully considered and a plan of action is developed to provide guidance and direction for emerging GOALS or strategies that should be developed.Generally speaking strengths and weaknesses are internal factors in the business, such as the employees, customers, and company.The opportunities and threats come in the form of competition, the environment , such as politics and government regulations, or even economic climate, or cultural or techonological changes. There are many factors that can change quickly that could affect our strategy, which makes it important to keep it reviewed and  updated periodically.

From our Strategic Plan our Mission Statement, Vision Statement, and Core Values are developed and communicated.