Our strategy to move from good to Great by building enduring,
rewarding relationships is supported by people, innovation and efficiencies. Read more...
‘g’ stands for good – it is an acknowledgement of where we are and
that there is a lot of work to do if we want to become great. ‘G’ stands
for great – it signifies what we want to become.
Together g2G stands for good to Great: a flexible, non-prescriptive
phrase that allows anyone to contribute towards making FNB a better business,
in their own way. g2G can also be a simple and valuable assessment tool –
it asks us to honestly assess whether something is good or whether it can
wear the highly prized title of ‘Great’.
‘2010’ represents our aim to become the number one bank in South Africa
by 2010, measured in terms of how profitable we are. If we become the most
profitable bank in South Africa by the end of 2010, we will have fulfilled g2G2010.
Enduring, rewarding relationships
Enduring, rewarding
relationships with our customers, suppliers and colleagues are at the heart
of what will make us a great bank, and a force for good in the world.
Read more...
‘Enduring’ means the relationship is not limited to a once-off
interaction. Rather, it stands the test of time, day after day, year
after year.
‘Rewarding’ means the relationship is profitable for us as a bank.
It also implies rewards for our customers in terms of quality products,
value for money and fantastic service. Beyond this, it refers to the
deep personal satisfaction we get from doing a great job, and from
winning appreciation and respect from our customers, suppliers and colleagues.
To our customers, we communicate our rewarding attitudes through our
slogan: “How can we help you?”
The three pillars
The three pillars to us achieving our
strategy are people, innovation and efficiencies. Read more...
The ‘people’ pillar focuses on empowering our people, promoting
diversity and rewarding excellence. ‘Innovation’ speaks to our aim to
be innovative and creative in everything we do and in all the solutions
and products we create, to provide better service and solutions to our
customers. The ‘efficiencies’ pillar relates to how effective our
processes are in supporting what we do cost- effectively.
Measurement of our focus areas
A vision will only
be words and good intentions unless it is made measurable. For this reason,
we have developed tools to measure the success of the different areas of our
vision. Read more...
Briefly, we measure these focus areas against the following indicators:
Focus area |
What we measure |
To be a great business |
- Highest sustainable profit growth
- Return on equity
|
Helping to create a better world |
- Financial Sector Charter targets
|
Enduring rewarding relationships |
- Buzz barometer
- Market share
- Cross sell ratios
|
People |
- People satisfaction index
|
Innovation |
- Innovations that support g2G2010
|
Efficiencies |
|