Management broadly agreed with many of IEG’s conclusions, which provide valuable input to the Bank’s ongoing Modernization and Knowledge Agendas. Management cautioned that the matrix should not be considered in isolation, and that management is implementing measures that reach far beyond the matrix, which are designed to create a more agile, responsive, and innovative Bank culture. The essential building blocks of such cultural transformation are talent and performance management; global mobility and connectivity; uniformity across the Regions; lending reforms; review of delegation of authority to establish clear accountabilities and uniformity across the institution; consolidating processing issues to more clearly define the roles of the anchors; and aligning sectors across the Regions. The Knowledge report, considered by CODE in September, sets out the agenda for changing the management of knowledge products.
Anna Brandt
Chairperson’s Summary
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