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Lloyds Banking Group

Added by Anne Archer · last edited by Anne Archer · on Jul 04, 2013 (view change)

Activity Outline

Consider the activity you would like to examine and build a business case for during this mashup. You could have a tight focus on the activity your mashup developer is looking at, or you could take a broader consideration for the activity of your team, unit or department. We'll be building a business case to convince the powers that be that your work deserves to be funded. So you could outline a completely new activity or project.

< Enter a short paragraph here to outline the activity that you will consider during these business plan development activities >

Benefits Analysis and Alignment with Institutional Objectives

< Begin by brainstorming the different benefits relevant to your activity, then expand on these in the Detailed Benefit Description column. When these benefit descriptions are complete, enter which objectives from your institutional strategy the benefit aligns with >

Generic or high level benefit	Detailed benefit description	Aligns with Institutional Objective
See these example benefits for ideas to help you get started. Describe the benefit in one sentence or less	Describe the benefit in more detail and how it relates to the activity	Enter the institutional strategic objective(s) that the benefit aligns with
Business value of retaining evidence of past actions	By preserving access to digital records of archival value, we ensure that we have access to past actions that can inform current business decisions	Aligns with Group Values
Financial savings	Financial savings through the ability to retrieve key records when required - for regulatory requirements or to defend against possible litigation.	Aligns with point 3 of the Codes of Responsible Business: 'we work responsibly with our external stakeholders'
Ensure access to key records	There is an increased reliability on being able to retrieve records at short notice. By managing and preserving key digital records we can ensure quick and reliable access to them when required.	Records management policy: ‘ensure the authenticity, reliability, integrity and usability of our digital records’
Reputational benefits of preserving the Group's history	By preserving records that are historically valuable, we demonstrate that we care about our heritage and the preservation of material for future historical research.	Aligns with point 4 of the Codes of Responsible Business: we invest in communities and help them prosper and grow'
Allows Group Archives to meet policy aims	It is within Group Archives’ policy to preserve and provide access to records of Archival value. Putting a digital preservation system in place will allow them to meet this remit.	Group Archives Policy
Promotion through use of historical material	By preserving digital records of historical value, we ensure future access, which can be used for promotional purposes and to inform branding decisions	Aligns with Group Values
Internal engagement through use of historical material	By preserving digital records of historical value, it ensures future access and engagement / building of staff pride for the organisation	Aligns with point 2 of Codes of Responsible Business: 'we aim to be a great company to work for'