Strategic Planning and Project Management: Delivering Change and Meeting Objectives 2022
Strategic Planning and Project Management: Delivering Change and Meeting Objectives 2022
Strategic Planning and Project Management: Delivering Change and Meeting Objectives
November 28 – December 1
Live Content sessions held: 8am–12pm (EST) | 1pm–5pm (GMT) | 9pm–1am (SGT)
Chair: Janet Cosier, former advisor on strategic planning and risk management, Bank of Canada
- How has the Covid-19 pandemic changed the way central banks work?
- How can central banks, as policymakers, and as institutions, systematically incorporate and prioritise climate risk?
- How can a central bank integrate diversity questions into their strategic plans?
It is a shifting world that strategic planners find themselves in. These are the dynamics that will shape central banks and central banking over the next decade. Understanding implications, identifying synergies and taking a long-term view will be essential. Yet, in a world of constrained resources, strategic planning cannot please everyone. Prioritisation and sequencing have to be balanced with awareness and agility.
This course is designed to equip central bankers to meet these challenges. Each day will feature three hours of expert-led Live Content to maximise the opportunity to share and learn. The chair will ensure participants have opportunities to network throughout the course, with time set aside for a workshop on implementing key learnings.
Agenda
Two weeks prior to your training course you will be emailed access to our content hub with course materials, including a trial to Central Banking if you are not already subscribed. There will be a combination of articles, reports and presentations that will contribute to two hours of preparation time for the live content. Presentations for the sessions will also be held here subject to the speaker approval.
New demands facing central banks
13:00 – 13:30
Strategic Planning and Project Management Course Introduction
Course introduction session led by the chair
13:00 - 13:30
- Introductions and welcome from the chairperson
- Overview of the training course
- Discussion of the delegate expectations
Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.
13:30 – 14:30
What challenges and risks do central banks face?
12:15 - 13:15
- External pressures facing central banks from policy, operational, governance and financial perspectives
- Steps to improve institutional management
- Obstacles encountered and setting key objectives
- Discussion: risks facing attendees’ home jurisdictions
Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.
14:30 – 14:45
Break
12:45 - 13:00
14:45 – 15:45
Operating in a multi-mandate environment: a governor’s perspective
03:00 - 04:00
- Overview of central banks evolving mandate in 2024
- Implication for external responsibilities and internal functioning
- Impacts of the evolving mandates and what this means for the central bank
- Discussion: experiences from participants’ home jurisdictions
Marko Škreb is a former governor of the Croatian National Bank. Currently he is Central banking lead on a Financial sector reform project (FINRA) in Bosnia and Herzegovina, financed by USAID. Before that he was resident project manager for Canada-IMF Capacity building project at the National Bank of Ukraine. He moved to Kyiv from his position as advisor at the International Monetary Fund’s Regional Technical Assistance centre in Accra, Ghana. Before that, he was chief economist and strategist at the second largest commercial bank in Croatia. Mr. Skreb started his professional career teaching at the University of Zagreb. Following academic vocation he joined the Croatian central bank, first as research and statistics director and later on as governor (from 1996 to 2000). In 1997 he was awarded the Central European Annual Awards for Excellence - Best Central Bank Governor by the Banker. Since 2000 he worked as a consultant for the International Monetary Fund and the World Bank in numerous countries, mostly in South-East Europe. He also worked at the Independent Evaluation Office of the IMF in Washington DC in the period 2004-2005. Mr Škreb published a number of articles and edited books, focusing on transition questions and financial issues.
15:45 – 16:00
Networking break
15:30 - 16:00
16:00 – 17:00
Towards sustainability: strategic perspectives on greening central banking
13:30 - 14:30
- Understanding the connection between central banking and climate-related risks
- A framework for thinking about climate-related risks and their impact
- Implications for policymaking, operations and governance
- What this means for strategic planning: short, medium and long term
Antonieta Campa heads the Projects and Risk Analysis Division at the Central Bank of Mexico, where she works on enhancing risk management for the Central Bank's operations in both the national and international markets, its insurance schemes for current operations and new projects, and develops risk management models and methodologies for the institution's internal activities. Ms. Campa joined the Central Bank of Mexico in 2004. Prior to her current position, she served as Financial Risk Manager, in charge of valuation, risk management and compliance activities for the foreign currency reserves. She holds a BSc. in Mathematics from UNAM in Mexico City and a MSc. in Mathematical Finance from Universitat Autonoma de Barcelona.
Dealing with disruption
13:00 – 14:00
Building organisational resilience: the role of strategic planning
12:00 - 13:00
- Key features of organisational resilience as a strategic goal
- Impact of factors such as corporate culture, risk appetite and risk tolerance
- Examples of tools and frameworks for strategic monitoring and continuous assessment
- Role of interdepartmental cooperation and coordination
Kanagalingam is currently a Deputy Director in the Business Technology Department of Bank Negara Malaysia. He is responsible for strategy and governance matters, with a focus on planning, performance and change management. Before this he was responsible for the Central Bank’s organisational strategy and business planning function. He joined the Bank in 1990 and over the 30 years has served in several capacities, including bank supervision, crisis management, international capacity building and organizational development. He holds an MBA from London Business School.
14:00 – 14:15
Break
12:45 - 13:00
14:15 – 15:15
Strategic planning: how to be agile in an evolving world
13:00 - 13:45
- Overview of the ways in which the pandemic has changed the way central banks work
- Developing a more agile strategic plan
- Challenges and opportunities for central banks going forward
- How to measure progress and make an impact
Coralia Bulhoes was appointed Chief Financial Officer (CFO) and Managing Director (MD) of Financial Services, effective March 2020. In this capacity, she is responsible for the Bank’s financial framework: from implementing the corporate planning cycle to delivering all accounting and financial reporting services. She provides business support to the Executive Leadership team and is a member of the Management Council.
Ms. Bulhoes brings to the Bank more than 18 years of leadership experience in corporate services and business management. She was previously Chief Operating Officer (COO) at the Federation of Canadian Municipalities (FCM), a role she had held since 2006. Prior to assuming the COO role, she was FCM’s Director of Finance.
Ms. Bulhoes is a Chartered Professional Accountant and has a Bachelor’s degree in Accounting from the Université du Québec en Outaouais.
15:15 – 15:45
Networking break
15:30 - 16:00
15:45 – 16:45
Strategic planning and risk management: the mutual enablers
14:30 - 15:30
- Synergies and overlaps between the risk management and strategic planning function
- Emerging opportunities and unavoidable trade-offs
- Examples of methods and tools for systemic coordination and cooperation between the two functions
- Tips for engagement in the planning process: options and choices to address key areas of risk
Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.
Enabling new tools and key policy functions
13:00 – 14:00
Making the most of big data and advanced analytics
13:45 - 14:30
- State of the art of big data and advanced analytics
- Examples of applications in central banking and supervision
- Overview of opportunities for strategic planning and management
- Implications for resourcing and institutional organisation
Per Nymand-Andersen has over 25 years of Central Banking Experiences and was part of creating and developing the European Central Bank from scratch. Per has developed his expertise in banking and financial markets, fintech, data science, communications, securities settlement systems, statistics and Management.
Per holds several Fintech/data science Advisor Board positions in private and simi-public organisations. Per is a Lecture at Goethe-Universität Frankfurt and is a frequent speaker at international events and author of several publications/articles regarding financial markets, data science, communication and statistics. His recent renown book “Data science in Economics and Finance for Decision Makers” was published by Riskbooks.com.
Prior to joining the ECB, he provided market research consultancy services for the European Commission, Luxembourg.
Per has an MBA in Economics and Management Science from Copenhagen Business School, Denmark and has a Fintech certificate from Harvard University.
Per speaks four languages (English, German, French and Danish).
Further details: https://www.linkedin.com/in/per-nymand-andersen-81609913
14:00 – 14:15
Break
12:45 - 13:00
14:15 – 15:15
Designing the strategic plan: key building blocks, focus areas and performance indicators
15:00 - 16:00
- The evolution of strategy planning and management as an internal function
- Key features of the building blocks of strategy design
- Examples of innovative approaches to strategic planning and management
- Indicators and matrixes for continuous assessment of strategic objectives
Mrs. Andrea Clarke, Chief Strategy Officer, Bank of Jamaica is a seasoned central banker with over thirty years’ experience working in both private and public sectors.
Andrea holds the position of Chief Strategy Officer tasked with the principal responsibility for leading Bank of Jamaica’s strategic planning and project management functions. Since her assignment to this role in 2019, she has been successful in formally developing the operations of the Strategic Planning and Project Management Centre, formalizing strategic planning and project management standards across the Bank, as well as currently leading several critical strategic projects to include Jamaica’s transition to the Twin Peaks financial regulatory model.
Amongst her accreditations are a Master of Business Administration Degree from the University of New Orleans; a Bachelor of Science Degree in Management Studies & Accounting from the University of the West Indies; Senior Certified Professional in Human Resources designation (SHRM-SCP); Balanced Scorecard Professional (BSP) designation from the Balanced Scorecard Institute, USA and the Project Management Professional (PMP) certification.
15:15 – 15:45
Networking break
15:30 - 16:00
15:45 – 16:45
Interdepartmental coordination: communication in focus
13:15 - 14:15
- Key features of effective internal communication
- Trends and dynamics of internal department coordination
- The roles and responsibilities of communication and coordination facilitators
- Examples of innovative methods and frameworks for communication and coordination
Pamela is a journalist with a Bachelor´s Degree in Social Communications and graduated from Master Degree Program of Strategical Communications. She has 20 years of professional experience in different public institutions of Chile. She has worked in PR and internal communications fields for the Communications Secretary of the Government of Chile, as well as the Ministry of Health and the Ministry of Finance. Pamela is currently is Coordinator of Internal Communications of the Central Bank of Chile.
Strengthening institutional resilience
13:00 – 14:00
Linking strategy to the talent pool
14:30 - 15:30
- Macro perspective of how strategy links to talent
- Talent demand and talent supply
- Managing jobs and job fit
- Strategic planning as a job
Kanagalingam is currently a Deputy Director in the Business Technology Department of Bank Negara Malaysia. He is responsible for strategy and governance matters, with a focus on planning, performance and change management. Before this he was responsible for the Central Bank’s organisational strategy and business planning function. He joined the Bank in 1990 and over the 30 years has served in several capacities, including bank supervision, crisis management, international capacity building and organizational development. He holds an MBA from London Business School.
14:00 – 14:15
Break
12:45 - 13:00
14:15 – 15:30
What’s next for strategic planning?
14:15 - 15:15
- Key expectations in relation to the strategic management functions for 2022 and beyond
- Trends and dynamics of roadmaps and frameworks helping to adjust the medium and long term strategy
- Challenges and opportunities for leaders
- Building a strategic plan for 2022
Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.
15:30 – 16:00
Closing remarks and delegate action plans
Concluding session led by the chair
13:00 - 13:30
- Summary of the course
- Discussion of the observed trends and case studies
- Application of learning points in the delegates’ home organisations
- Preparation of action points
At the conclusion of the training, participants will be able to:
- Gain insight into new variables and dynamics shaping the work of strategic managers in 2023
- Identify processes for onboarding new responsibilities and tasks
- Understand how to coordinate risk management and strategic planning
- Incorporate lessons from the Covid-19 pandemic
- Develop roadmaps climate, CBDC and fintech
Chair
Janet Cosier
Former Adviser on Strategic Planning and Risk Management
Bank of Canada
Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.