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2. Strategic Challenge Value Time Long Term Re-invention
- Achieve strategic portfolio
- Transform costs by
embracing new technologies
- Prepare for new Paradigm
Medium Term Growth
- Grow core businesses
- Build e-Commerce strength
- Invest in growth businesses of
the future
Short Term Performance
- Hold costs
- Focus on core, eliminate tail
- Consistency, reduce risk
- Manage Capital
1 Deliver Performance and Optimise Portfolioand risk - 53% CI target
Grow EVA (concept embedded throughout organisation see NAB’s announcement)
Further reducing risk - Portfolio and business
Cost Management – 53% CI target this year
Turning around sub-optimal segments particularly in International
Optimising capital structure
Making progress towards 20% ROE target for 2001
Implementing stretch performance disciplines through out the group
(main focus of last two years, centre role now resource allocation, execution left to managers,
2 Reinvent Business
Straight through processing
Web based Sales and Service Platform
Web based origination platform
* Achieve Strategic Portfolio
Options
Banking – 4 Pillars stays/ 4 Pillars goes {
Alfinanz { Driven by Shareholder Value
Offshore Expansion - cannot find value {
4 Invest in future Growth Businesses and Options
Funds Management
e-Businessses
Time

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