1 Rl organization Strategie Review Team (SRT) - progress report H Working advice 6 What'sNewS Issue 7' July 1999 The pictures used to illustrate this collection of stories show something of the way the SRT is working to involve as many international Rabobankers as possible in the review process. We sat in on this particular offsite in Noordwijk to find out how proposals for our revised strategy are being engineered. Customer perceptions The SRT's contribution to the short term measures in what we appear to be calling 'mini-Euroland' has been rather more time consuming that originally planned because it was necessary to obtain more inforniation than originally envis- aged and to ensure consistency in the fi- nancial figures. This means the team will continue its work into August, but will certainly be ready with proposals at the rather loose 'end of summer' deadline. At the time of writing, the team was round- ing off close to 1,000 discussions with staff and customers and was getting ready to start sifting through the accumulated information. 'We have an enormous amount of input trom staff and cus tomers,' team-leader Reinier Mesritz con- firms. 'McKinsey is also providing bench- mark information on what other competi- tors do, how they deal with the market- place, with their customers, what their cost structure versus revenues is in com- parison with ours. Now it is time to start choosing a direction.' As part of that process, the team has had several meetings with the managing board to get their feedback on the direction they are moving towards. 'In addition,' Mesritz says, 'we also have a group we call our Mesritz - 'we've gathered masses of input, now it is time to start choosing direction' sounding board. These are people from the Rabobank Clroup who attended the same Lausanne meeting I did. Hans Smits asked them if they would be willing to look at what we're doing and give their in put, based on their perspectives as part of the Group.' Mesritz does not want to an- ticipate the review findings or provide fuel for the very healthy rumour machine that is alive and well in Rl (and outside, if the In many of the Communications on current developments you will see references to decisions which will be taken after consultation with the Works' Council or 'OR' as it is know in Dutch. For many of our colleagues around the world, the concept of a works' council will appear somewhat obscure, especially when they come to understand how much influence the 'OR' (literally enterprise council) can have on an organization. This consultative body was introduced into the Netherlands in the early 1970s through legislation. Any company with more than 50 employees is required by law to install an OR. OR represen- tatives are elected by all staff, both full and part-time. The OR concept has since been intro duced into the EU, although it merited a guideline rather than a directive - the former is a recommendation for legisla tion, the latter is a 'must do'. In addi tion, the concept has been watered down for pan-European consumption and management in some countries is only obliged to inform their OR of plans and other developments. This is known as the 'right to information'. Not so in Holland where the OR has both advi- sory and consultancy powers, and must give approval for any measures affecting personnel. In many companies, an OR was often no more than a rubber stamp. Increasingly, however, that is changing as business is seen as a partnership between employers and employees, rather than the 'them and us' situation of past industrial relations. Obviously, as a cooperative organization, Rabobank has always had a strong OR culture. Rabobank International is represented in the OR of Rabobank Nederland (which is our parent). The member banks have their own ORs. Any organizational change must be submitted to the OR for recommendations. Although the body does not have decision- making powers as such, it has both real influence on how an organization evolves and what you could call 'moral authority'.

Rabobank Bronnenarchief

blad 'What's news' (EN) | 1999 | | pagina 6