Society of Actuaries - 2003 Archived Yearbook

Strategies
High-level planned approaches, which collectively advance the organization toward achieving the Society’s
mission.
Goals
Targets driven by customer needs stated in optimal terms. What the optimal end state will look like.
Strategic Initiatives
The combination of strategies and associated goals.
Strategic Initiatives
The following 12 strategies define what the SOA will do to deliver the value propositions. The supporting
goals corresponding to each strategy describe what successful implementation of the strategy will look like.
Goals are stated in ideal terms and from the customer’s perspective; they are designed to provide the basis
for evaluating progress.
MAINTAIN PROFESSIONALISM
1. Strategy:
Promote life long learning and continuing education to all members.
Supporting Goals:
1.1 Members report they are completely satisfied by continuing education offerings.
1.2 People are up-to-date and responsive to changing industry trends.
1.3 Educational offerings are based on members’ needs and developed both internally
and through outsourcing.
1.4 Involvement by universities in certain elements of basic education, continuing
education and research is dramatically increased.
2. Strategy:
Define and maintain a core skill set that provides the tools for the modeling and
management of the economic consequences of contingent events. Provide
certification and membership in the Society of Actuaries to those who demonstrate
mastery of the specified core skill set.