What are Strategic Building Blocks (SBBs) in the context of building a strategy?

Key elements that a company needs to focus on to achieve its strategy

What are value drivers in the context of a business strategy?

Value drivers are aspects or activities that create the most 'value'

How are the 10 Strategic Building Blocks in our FCRP 28’ Strategy distributed across our value drivers?

3 Effectiveness, 2 Customer Centric, 5 Efficiency

Who are represented in the Core Lead Groups?

Leaders and employees from Risk, Solution (tribes) and FCP KYC and FCP M&S

What are the four strategic focus areas of the Bank’s Forward 28’ strategy?

Advisory, Digital, Sustainability and Simple, Efficient & Secure

What is the role of a Core Lead Group in our FCRP 28’ Strategy?

Working groups that are connected to the different SBBs

What are the three key value drivers in the FRCP 28’ strategy?

Effectiveness, Customer Centric, Efficiency

studbud

FCRP 28' Strategy

12 termsStudBud Administration416 plays

Imported from external platform

Flashcards12 cardsFPractice quizPHost liveL

Questions 12

Answers

1
What are Strategic Building Blocks (SBBs) in the context of building a strategy?
The team members assigned to different tasks in the execution of a strategy
They are the financial resources to implement a strategy
Key elements that a company needs to focus on to achieve its strategy
Physical parts like bricks, cement, and wood for constructing a building
2
What does the acronym CLGs stand for in the context of our strategy?
Core Lead Groups
Corporate Logic Guidelines
Centralized Leadership Grains
Comprehensive Learning Goals
3
What are value drivers in the context of a business strategy?
Value drivers are aspects or activities that create the most 'value'
Value drivers help our company have the coolest company parties
Value drivers help us make our office look nicer
Value drivers make our coffee taste better at work
4
How are the 10 Strategic Building Blocks in our FCRP 28’ Strategy distributed across our value drivers?
5 Effectiveness, 3 Customer Centric, 2 Efficiency
3 Effectiveness, 2 Customer Centric, 5 Efficiency
1 Effectiveness, 1 Customer Centric, 1 Efficiency
3 Effectiveness, 4 Customer Centric, 2 Efficiency
5
What does the acronym SBBs stand for in the context of our strategy?
Systematic Business Basics
Structural Business Blueprint
Strategic Building Blocks
Standard Building Blocks
6
What is the endpoint year for the FCRP strategy?
2029
2028
2025
2026
7
What does the acronym MYPs stand for in the context of our strategy?
Maximum Yearly Projections
Multi-year plans
Minimum Yearly Performances
Major Yield Processes
8
What does the acronym OKRs stand for in the context of our strategy?
Optimal Knowledge Repositories
Official Key Resources
Operational Key Responses
Objectives and Key Results
9
Who are represented in the Core Lead Groups?
Only leaders from Risk, Solution (tribes) and FCP KYC
Leaders and employees from Risk, Solution (tribes) and FCP KYC and FCP M&S
Only leaders from Risk, Solution (tribes) and FCP KYC and FCP M&S
Leaders and employees from Risk, Solution (tribes) and FCP M&S
10
What are the four strategic focus areas of the Bank’s Forward 28’ strategy?
Compliance, Financial Stability, Product Development and Customer gain
Innovation, Customer Service, Risk Management and Global Expansion
Advisory, Digital, Sustainability and Simple, Efficient & Secure
Profitability, Market Penetration, Employee Engagement and Tech progress
11
What is the role of a Core Lead Group in our FCRP 28’ Strategy?
Responsible for financing and budgeting of the strategic plan
Responsible for overseeing daily operations in line with the strategic plan
Responsible for marketing and promoting the strategic plan externally
Working groups that are connected to the different SBBs
12
What are the three key value drivers in the FRCP 28’ strategy?
Innovation, Global reach, Teamwork
Effectiveness, Customer Centric, Efficiency
Technology, Co-operation, Risk Based Approach
Profitability, Speed, Competition

FCRP 28' Strategy Flashcards | StudBud