WHAT'S NewS Issue 11 November 1996
ri organization
POLICY COMMITTEE VERSUS
MANAGEMENTTEAM STRUCTURE
As not every activity needs the sa me
approach there has been made a difference
between activities with a Group policy
committee and with a Group management
team. A policy committee is a loser form of
management with an emphasis on
coordination, whereas the management
team approach is a model with a more
direct management responsibility.TheTask
Forces will propose to the Managing Board
early december how to proceed with the
businessplans, the composition and the
functioning of the policy committees and
management teams.
(Continued from page 7)
cross-border committees and teams will
relate to the general manager and
management teams within each office.
'Because,' says Arthur Arnold, 'we will all
be working on the basis of shared
responsibility, shared accountability and
shared renumeration.' The Task Forces
will also be proposing which offices could
serve as centres of competence or support
centres. Once identified - although,
clearly, some are obvious choices, such as
the IT-centre for International Private
Banking in Luxemburg - these Centres of
Competence will be making specific
expertise available to any other office that
may require it.
BOARD DEADLINE
The managing board is committed to
decision-making on these
recommendations by mid-December 'or
sooner, if the Task Forces report is early,'
says Arnold. 'We have allowed ourselves
time to get this as right as we can, to
avoid as many mistakes as possible. But
now that we know what has to be done,
DYNAMISCHE
(RE {ORGANISATIE
Onze reorganisatie vergt
aanzienlijk meer
inspanning dan de berichten doen
vermoeden. Achter de schermen wordt hard
gewerkt onder andere door de diverse Task
Forces'aan een resultaatgerichte structuur.
Een belangrijk uitgangspunt is het
hoofdkantoor zo klein mogelijk te houden,
terwijl een optimale ondersteuning van de
kantoren gewaarborgd blijft. De vijf
directieleden van Rabobank International
hebben ieder hun eigen aandachtsgebied en
zijn daarnaast gezamenlijk verantwoordelijk
voor de resultaten en ontwikkelingen van
Rabobank International als geheel.
we won't delay in implementing the
decisions taken at the Meeting last
October.'
RABOBANK INTERNATIONAL MANAGEMENT MODEL
Policy committee
Food&Agribusiness
Policy committee
heaith care
Policy committee
international corporates
Policy committee
corporate finance
Managing board
management team:
investment banking group
management team:
private banking group
managementteam:
administration group
General managers/management teams in the offices
Administration Group
(including dient management Rabobank Organization)
Client management
Corporate finance group
Investment banking group
Private banking group
groups F&A/Health care/
(including dient
(including dient
International corporates
management financial
management high-net
institutions)
worth individuals)
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