Speeches by Davies.

“I absolutely applaud the ambition, but how do you get to a point where you can validate and measure that? What are the key indicators that you will be looking at?”

“Thanks—that is great. I have one other thing to ask about the plans. A number of proposed savings are marked green. Does that mean that those proposals will immediately impact savings?”

“In your written evidence, you refer to your aim for the savings program to be “bold and transformative”. That is quite a bold statement, isn’t it? How would you define “bold and transformative”? What does that look like?”

“Okay, so this is an enabler that is crucial to achieving the overall plans?”

“What will that look like in the next year in cost savings? What will that achieve?”

“What will that look like in the next year in cost savings? What will that achieve?”

“What are the key cost savings to be achieved through technology change and advances in using technology?”

“Okay, so this is an enabler that is crucial to achieving the overall plans?”

“In your written evidence, you refer to your aim for the savings program to be “bold and transformative”. That is quite a bold statement, isn’t it? How would you define “bold and transformative”? What does that look like?”

“And that is part of the cost-saving plan?”

“What are the key cost savings to be achieved through technology change and advances in using technology?”

“So we will be able, very quickly, to understand what outcomes you are looking at, the impact and the changes.”

“Is that an active recruitment process that you are running?”

“You have talked a bit about technology, IT and its role as an enabler of efficiencies and improvements, so I will not dwell on that. I think you covered some of that. To achieve it, however, do we have the resources internally to help us to do so, or are you focusing on external resources? If there are external resourc…”

“And that is part of the cost-saving plan?”

“One final question from me: what are the key barriers to achieving that?”

“Thanks—that is great. I have one other thing to ask about the plans. A number of proposed savings are marked green. Does that mean that those proposals will immediately impact savings?”

“Is that an active recruitment process that you are running?”

“So that will be clearly linked; we will be able to see that very clearly.”

“So we will be able, very quickly, to understand what outcomes you are looking at, the impact and the changes.”