Tom Spencer

AUGUST 2, 2024

When it comes to tech innovations, the banking sector is usually ahead of the curve. Banks are buzzing with excitement over Gen AI, and its future in the sector looks even brighter. Banks are buzzing with excitement over Gen AI, and its future in the sector looks even brighter.

Banking 88

Banking Data Trends Analysis 88

Successful Independent Consulting

DECEMBER 28, 2024

Contrary to what you might think, going to market as a jack-of-all-trades usually backfires. Nail Your Niche Most successful solopreneurs find work by being known as a specialist within a certain niche. This is key for getting referrals. Clients want to hire an expert so its vital you position yourself as one.

Consulting 195

Consulting Insurance Insurance Resumes 195

Tom Spencer

OCTOBER 13, 2023

In the previous article , we looked at how banks make money and how they must meet capital requirements. In this article, we will explore the importance of profitability ratios and valuation metrics that are crucial when analyzing banks. We will examine each in turn. That is, net interest income divided by assets.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Tom Spencer

FEBRUARY 10, 2023

Investment banking forms part of the financial services industry involved in the underwriting, distribution, and trading of securities. What Investment Bankers Do There are several key roles within investment banking, including corporate finance, sales and trading, and research.

Banking 88

Banking Industry Finance Cash Flow 88

Tom Spencer

OCTOBER 6, 2023

How do banks make money? What is a bank really worth? Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. Where does this money ultimately go?

Banking 88

Banking Balance Sheet Operations Financial 88

Harvard Business

MAY 14, 2018

A higher “Volume” of data has led to more efficient decision-making in numerous instances, such as in programmatic marketing and in banking. In the field of data-driven marketing, an answer to addressing this limitation lies in blockchain technology. Data-Driven Marketing. Distributed Database. Insight Center.

Marketing 139

Marketing Advertising Data Hotels 139

BCG

NOVEMBER 7, 2016

The financial technology (fintech) phenomenon first started to evolve in the capital markets (CM) industry more than 40 years ago. This shortfall is partly due to the highly specialized and regulated nature of capital markets, which may hinder outside investors. Focus Monday, November 07, 2016.

Marketing 110

Marketing Banking Financial Industry 110

Harvard Business

MARCH 8, 2017

This initial lack of commercial players and interests was critical — it allowed the formation of a network architecture that shared resources in a way that would not have occurred in a market-driven system. The “killer app” for the early internet was email; it’s what drove adoption and strengthened the network.

Media 189

Media Banking Financial System 189

Successful Independent Consulting

JANUARY 28, 2025

Realistically, it can take months for the money you earn to reach your bank account. strategy development, market research, transformation initiatives). Here's how to tap into this market: Find the Right Firms Start with internet searches that combine your area of expertise and location (e.g.,

Cash Flow 195

Cash Flow Consulting Intellectual Property Resumes 195

David A Fields

FEBRUARY 20, 2024

Which marketing vehicles will help you most when you’re in a hurry? Winning clients is a bit like securing a loan: if you already have a lot in the bank, it’s easier to get more. Your consulting firm need clients fast. As in right now. In fact, yesterday would be preferable.

Consulting 221

Consulting How To Banking Groups 221

Successful Independent Consulting

NOVEMBER 29, 2024

Do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Note: Another logical time is on your company’s anniversary; if you don’t know what day your business was founded, make one up — maybe the date you opened your business bank account or you signed your first contract.

Policies 195

Policies Examples Benchmarking Consulting 195

Harvard Business

NOVEMBER 20, 2018

It is their control and use of this data that has enabled the likes of Google, Amazon, Alibaba, and Facebook to dominate online markets. Perhaps the best-suited institutions to manage digital data are banks. In a sense, banks are already data guardians. And if you’re unhappy with one bank, you can always switch to another.

Banking 105

Banking Data Trends Airlines 105

Harvard Business

NOVEMBER 22, 2016

Smart, always-connected devices and anytime/anywhere interactions are now givens, particularly among millennials, who expect such conveniences in banking and financial services. Mapping this group to its customer base, the bank can make targeted offers to customers who could be in the home or auto market in the next 30 to 90 days.

Banking 114

Banking Data Financial Media 114

Tom Spencer

MARCH 28, 2025

LLMs also enable hyper-personalization, whereby recommendations, marketing messages, and user interfaces can be tailored to the preferences of each individual user. According to Accenture , more than 50% of work in the banking sector has a high potential for automation.

Productivity 88

Productivity McKinsey Data Training 88

Harvard Business

JUNE 1, 2023

It points toward a continuation of the current tight labor market, even as the economy cools in response to the Federal Reserve’s interest rate hikes and the ongoing banking turmoil. For that reason, many aren’t anticipating layoffs and some are even still hiring.

Survey 177

Survey Banking Marketing Trends 177

Tom Spencer

AUGUST 16, 2024

Despite many current applications being small-scale pilot projects, the promise of Gen AI to revolutionise banking operations and enhance customer experiences is becoming clear. Real-time market analysis There is a rich potential for Gen AI tools to considerably assist in strategic decision-making. Data-driven decision-making 2.1

Banking 78

Banking Financial Operations Data 78

Steve Shu Consulting

SEPTEMBER 2, 2022

a subsidiary of M&T Bank (NYSE: MTB) as part of his podcast series, Capital Conversations. So while investment markets are not currently very volatile, it is a good time for many people to get a fresh start and re-assess their situations. Last month I chatted with Tony Roth, Chief Investment Officer at Wilmington Trust, N.A.,

Interviews 259

Interviews Management Finance Banking 259

Harvard Business

JULY 9, 2020

Mitigate, don’t litigate.

Banking 172

Banking Financial Marketing Management 172

Harvard Business

OCTOBER 1, 2018

Blockchain has important implications for marketing and advertising. But according to The CMO Survey , only 8% of firms rate the use of blockchain in marketing as moderately or very important. This combination creates a natural barrier to entry and has likely caused marketers to take a “wait and see” approach.

Marketing 129

Marketing Advertising Media Video 129

Successful Independent Consulting

JULY 28, 2022

If I see money in my bank account, I get looser with my spending. Knowing this and knowing that I had to make big tax payments four times a year, I set up a "sweep account" with an online bank, not my day-to-day bank. I was lucky to invest early in the longest bull market in history, but I'm not a sophisticated investor.

Cash Flow 195

Cash Flow Banking Small Business Travel 195

Tom Spencer

JUNE 30, 2023

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78

Banking Management Real Estate Insurance 78

Harvard Business

JUNE 30, 2022

It’s hard to call yourself a green company if your cash assets are underwriting global warming.

Banking 148

Banking Company Financial Marketing 148

Harvard Business

MAY 8, 2020

Research finds that these fees are an outsized source of revenue for banks in poor communities.

Banking 91

Banking Research Financial Marketing 91

Tom Spencer

AUGUST 29, 2020

Much less emphasis has been placed on developing tools suitable for emerging markets and the businesses in these economies. Obstacles in Emerging Markets. Emerging markets face a unique challenge when it comes to deploying technology to fight COVID-19 due to the large role that informal markets play in these economies.

Marketing 103

Marketing Boston Consulting Group Government Transportation 103

Tom Spencer

AUGUST 12, 2022

Marketing is an incredibly important function of any growing business. Marketing is generally the initial point of contact in a customer’s purchasing journey. In this article, I would like to share a few tangible pieces of advice that may benefit you if you are planning to jump into a marketing related venture.

Tools 88

Tools Marketing Media Data 88

Tom Spencer

OCTOBER 17, 2020

Digital currency may also help to lower transaction costs, and make it easier for central banks to intervene in the economy. While it is not explicitly used in the monetary system, it is widely held by central banks, and is easily convertible into cash. Trust and Confidence. With Bitcoin, this problem does not appear to exist.

Banking 142

Banking Government Policies Financial 142

Harvard Business

JANUARY 20, 2017

Much has been made of the fact that a new breed of financial technology (or fintech) companies is unbundling banks in the developed world. Startups are attacking all of the components of the traditional bank value proposition (e.g., Sidian Bank in Kenya has a similar program. However, there are signs that this is changing.

Banking 70

Banking Company Financial Finance 70

Consulting Matters

JANUARY 5, 2021

You may think you need a lot of money in the bank and a "rolodex" of potential clients and referrals. Guides : Specialized support that can help you specific things you need such as finances, web development, legal issues, social media marketing, etc. Allies: People who are seeking the same type of success you are.

Consulting 294

Consulting Case Study Case Studies Finance 294

Management Consulted

NOVEMBER 20, 2013

Two, you solve them the same way you solve a market sizing question (see below) – by breaking down the solution into component parts. . The market for lead pencils has been declining at 4%/year for the last 3 years. The original market was $24M/year. What is the market in year 3 (now)? Market Sizing.

Case Interview 236

Case Interview Interviews Study Cover Letters 236

Consulting Matters

JANUARY 29, 2020

The presence of money fears can be good if they act as alerts to be strategic about investments and with marketing and sales. When I started my business, I was a single mom with only $200 in the bank. Money Fear: "I'm not good at marketing so I'll find other more successful consultants or coaches who will hire me as a subcontractor".

Consulting 177

Consulting How To Talent Training 177

Harvard Business

APRIL 12, 2018

.” Embracing market risk in our careers is a high-percentage move. We are increasingly aware of the importance of assuming market risk when it comes to starting or growing a business, but assuming market risk is also a critical accelerant of the personal disruption that fuels individual career growth.

Chemicals 134

Chemicals Banking Film Fashion 134

CaseInterview.com

APRIL 1, 2020

Now, let me elaborate on why, despite coronavirus, a drastic drop in many consumer sectors, and stock market values plummeting, I don’t think we will have another Great Depression. In the case of the Great Depression, Black Monday 1987, and the Great Recession of 2008, the assets in question were stock market prices. It’s lent out.

Banking 119

Banking Insurance Insurance System 119

Successful Independent Consulting

FEBRUARY 28, 2025

Typical start-up costs include office supplies, market research, advertising, and consultant fees to help with your business plan. Tip: Every time a client pays you, siphon off 40 percent into a separate bank account. The hardest part is figuring out which plan is best for you and setting aside the funds every year.

Insurance 195

Insurance Insurance Consulting How To 195

Harvard Business

DECEMBER 6, 2016

As marketing continues to shift and improve, we’ve come to rely on IT to provide expertise on current technology and, perhaps more importantly, to provide a road map that shows where technology will lead, where integration is critical, and how to make the best use of increasingly sophisticated tools. This means being more strategic.

Marketing 70

Marketing Data Banking Tools 70

Successful Independent Consulting

MAY 31, 2018

Yet my bank account says I’m a millionaire. If I see money in my bank account, even if it’s my savings account, I get looser with my spending. Knowing this and knowing that four times a year I had to make big tax payments, I set up a “sweep account” with an online bank, not my day-to-day bank. How did I do this?

Consulting 150

Consulting Cash Flow Banking Knowledge Base 150

Successful Independent Consulting

DECEMBER 4, 2018

Third, do some market-rate benchmarking to learn what other consultants are charging, or what clients are paying. Note: Another logical time is on your company’s anniversary; if you don’t know what day your business was founded, make one up — maybe the date you opened your business bank account or you signed your first contract.)

Consulting 354

Consulting Policies Benchmarking Examples 354

Harvard Business

AUGUST 29, 2016

But our interviews with board members and CEOs in the banking industry—and decades of research on experts and teams—point to three factors that can compromise the effectiveness of expert-dominated boards, at least in some circumstances. Common sense might suggest that the more experts, the better.

Telecommunications 125

Telecommunications Banking Industry Research 125