Page 2 - Strategic Plan 4th Six-Month Report
P. 2

Overview

                Hooray!  The  Deposit  Insurance  Corporation  (“the  DIC”)  is
                on  the  final  leg  of  its  Strategic  Plan  2018  –  2023  (“the
                Plan”)!

                The primary objectives of the Plan are:

                    •   Align DIC’s presence with international standards;
                    •   Engage  Effectively  With  All  Stakeholders  And  In
                        So  Doing  Contribute  Meaningfully  To  The
                        Financial Safety Net; and
                    •   Enhance Organizational Effectiveness.

                How has the Plan lived up to its themes: Enhancing
                Protection Capability and Institutional Strengthening
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                of People and Process in the 4  6-Months?
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                Over the 4  6-Month period, staff leveraged the groundwork
                completed on the key projects and increased the focus on the
                remaining  initiatives  aimed  at  aligning  operations  to
                international   standards   and   enhancing   organization
                effectiveness.    Individual  goals  and  workplans  reflected  the
                Plan’s  objectives  and  were  reinforced  on  an  ongoing  basis
                with relevant training to build organizational capacity.

                The momentum achieved was evidenced by the completion of
                one  (1)  additional  strategic  milestone,  while  significant
                inroads were made in a second milestone viz:

                     Strategic  Initiative  No.  1  -  Review  the  Deposit
                       Insurance   Model:    Identify   and   implement
                       improvements. This  project  focused  on  assessing  the
                       impact of the DIC’s role in resolutions for the period
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