At a management conference, the Executive Board discussed the Bank’s strategic options with the senior managers of the business units at Central Office and the presidents of the Regional Offices. The conference rested on two pillars: top-down guidance outlining the Executive Board’s fundamental approach and a discussion paper based on a scenario analysis.
This discussion paper was prepared in advance by the Controlling Department in consultation with the responsible business units of the five core business areas. This management conference laid the groundwork for the future strategy. The Executive Board then set up working groups and tasked them – alongside Controlling – to develop strategic and development objectives as well as corresponding measures and indicators.