Page 41 - SARB Strategic Plan 2020-2025
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Key outcomes over three horizons Horizon 1 and 2 (2021–2024)
Horizon 3
(the year 2025)
• Well-coordinated transparent impactful engaging effective and and professional communications and and stakeholder relations
• • • Central coordination
of all communication
• Improve the the reputation of the the Bank with
Develop and implement a a a a stakeholder engagement strategy Complete the brand refresh • Define and and establish the CDRC
capability and and how it it works across the Bank 2025 stakeholders and the public
Complete the implementation of the the digital transformation strategy (websites and the SARBhub)
• Execute the CDRC
agenda • • Embed bimodal project approaches
• Become an an insight-led organisation
• Develop strategy execution playbooks
• Complete the 2020 Tier 1 programmes the • Execute against our longer- term
workforce plan creating well-rounded central bankers and living our culture • Build an an an advanced analytics playbook • Complete the process optimisation of support functions
• Banking and technology to become one strategy for the Bank • Optimise processes through RPA
• Mature the business architecture and enterprise change management • Introduce an an industry standard
data taxonomy
• Enhanced focus on on cybersecurity and information security • Move from planning and design to execution on on most Tier 1 programmes • Develop and mature new digital skills
• Embed the Bank’s culture • Embed the EVP
• Digitise HR processes • Short- to medium-term workforce upskilling and reskilling
• Close any immediate critical skills
gaps
• Accelerate the focus on on long-term
workforce planning EFA 5 Attract develop and and and retain critical skills
and and and competencies and and and embed the Bank’s culture • Execute Tier 1 programmes • Set an information management foundation
• Continue to review and enhance the Bank’s internal governance structure • Build a a a a stronger strategy execution capability for the Bank’s high-priority programmes EFA 4 Improve strategy execution and internal efficiency
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