Tom Spencer

APRIL 25, 2025

Imagine spending months crafting a detailed, data-driven strategy , only to watch it gather dust on a shelf. In these cases, strategies become what I call ‘strategically useless’ brilliant in theory but ineffective in practice. Three Reasons Why Strategies Become Useless 1. For example, J.C.

Resources 88

Resources Strategy Strategy& Strategy 88

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

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

Tom Spencer

AUGUST 30, 2024

While Gen AI holds big promise for banking , most of the current deployments are limited to just a few areas or don’t go beyond the experimental phase. Though early pilots appear impressive, it will definitely take time to realize Gen AI’s full potential for the banking industry. Five Challenges for AI in the Banking Sector 1.

Banking 88

Banking Ethics System Data 88

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. It provides insights into how effectively a bank utilizes shareholder capital to generate profits.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

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. That data shaped the company’s future strategies and offerings. Digital is reconfiguring the world. Data underpins digital’s disruptive promise.

Banking 117

Banking Data Financial Media 117

Successful Independent Consulting

NOVEMBER 29, 2024

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. Your business anniversary is also a good opportunity for some social media exposure but I digress.)

Policies 195

Policies Examples Benchmarking Consulting 195

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). Even if you start working tomorrow, you might not see any money for 45-60 days after submitting your first invoice.

Cash Flow 195

Cash Flow Consulting Intellectual Property Resumes 195

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. This helps banks to quickly identify profitable investment opportunities and risks so as to maximise investment returns and minimize losses. Risk Management 3.1

Banking 78

Banking Financial Operations Data 78

Harvard Business

DECEMBER 27, 2016

What repayment strategy is most likely to motivate them to get them out of debt? HelloWallet enables clients to track their bank accounts, including both savings and debt, to create financial goals and track progress toward those goals, and to receive customized financial guidance based on their salary, benefits, and spending behavior.

Research 133

Research Strategy Strategy& Strategy 133

Tom Spencer

APRIL 25, 2025

5 Strategies for Advancing Your Career To translate soft skills into tangible career growth, its essential to adopt a deliberate approach. The following five strategies provide a way for you to advance your career. The strategies outlined above provide guidance for positioning yourself as a top candidate for your next opportunity.

Leadership 88

Leadership Emotional Intelligence Interviews Deloitte 88

Harvard Business

JULY 12, 2018

As a startup founder, I’m constantly struggling to recruit top talent without breaking the bank. Here are some of the strategies that we’ve used, which are hopefully helpful for your business whether it’s an early-stage startup with limited funding or a more mature organization that has a restricted budget.

Strategy 131

Strategy Strategy& Strategy Recruitment 131

Tom Spencer

JUNE 16, 2018

The financial services industry has seen drastic technology-driven change over the past few years, and digital has fundamentally reshaped consumer behaviour in banking. According to Oliver Wyman, a global management consulting firm, 90% of Canadian banking customers use digital channels and more than 30% are now banking exclusively virtually.

Oliver Wyman 79

Oliver Wyman Banking Insurance Insurance 79

Tom Spencer

JUNE 16, 2018

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Usage of AI in the Banking Sector. Table 1: AI applications across Canadian and US banks (Source: Financial Post, Techemergence).

Banking 84

Banking Financial Transportation Data 84

Harvard Business

JANUARY 18, 2018

Recently, the CEO of Deutsche Bank predicted that half of its 97,000 employees could be replaced by robots. Such new thinking will generate a whole new human resource development agenda, one quite probably emphasizing those innate human capacities that can provide a renewed strategy for success that is both technological and human.

Strategy 134

Strategy Strategy& Strategy McKinsey 134

Tom Spencer

NOVEMBER 10, 2023

In this article, we will start to unravel the mysteries surrounding hedge funds, exploring their nature, workings, and the strategies they employ to generate profits. This relative lack of regulation allows hedge fund managers to implement complex investment strategies and respond quickly to market opportunities.

Strategy 88

Strategy Strategy& Strategy Financial 88

Strategic Planning and Management Insights

MARCH 29, 2023

As a business leader, you know that creating and implementing an effective strategic plan can be overwhelming. There are so many things to consider: The field your company operates in, and how quickly it changes, affects the complexity, length, and scope of your strategic plan.

Banking 98

Banking Strategy& Strategy Strategy 98

Harvard Business

MAY 16, 2016

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. How well does your business strategy support the fulfillment of your company’s purpose?

Banking 132

Banking Film Strategy Strategy& 132

Management Consulted

APRIL 20, 2014

He has a really cool history – international i-banking, college football, and more – and THEN he spent 2 years networking his way into a job at PwC. I also explored other areas of finance and ultimately decided that I wanted to give investment banking a shot. Talk about tenacity! I also worked very long hours.

Consulting 204

Consulting Interviews Recruitment Recruiting 204

Harvard Business

JUNE 13, 2016

Basically, a handful of asset management firms have become the most powerful shareholders of the nation’s largest banks. In “ Ultimate Ownership and Bank Competition ,” José Azar, Sahil Raina, and I looked at banks across different parts of the United States. Take a look at this table.

Banking 70

Banking Airlines Government Industry 70

Management Consulted

AUGUST 1, 2013

Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. Now a subsidiary of Marsh & McLennan, Oliver Wyman is known to give MMC its strong reputation as experts over other insurance providers because of the firm’s focus on strategy. Public Policy.

Oliver Wyman 201

Oliver Wyman Interviews Mercer NERA Economic Consulting 201

Steve Shu Consulting

JULY 1, 2018

Lloyds Banking Group: Behavioural Economics Specialist – Digital Banking. Steve Shu specializes in incubating new initiatives with a primary focus on strategy, technology, and behavioral science. Ipsos: Behavioral Science Principles for Better Digital Advertising. Mercer: Personalised Pension Videos.

Examples 150

Examples Boston Consulting Group Mercer Company 150

Tom Spencer

JANUARY 4, 2025

A look into her personal social media account (@aimeesmalex on Tiktok) can help determine her strategy. Here are 3 actionable strategies that you can use to get started. She has a strong passion for strategy consulting, investment banking, business, and entrepreneurship. million the following year.

Marketing 88

Marketing Video B2C Media 88

Successful Independent Consulting

FEBRUARY 28, 2025

You may be able to reduce those taxes by setting up an LLC and filing your taxes as an S-corporation , though thats a long-term strategy, not a yearly decision. Tip: Every time a client pays you, siphon off 40 percent into a separate bank account. Use these funds to pay quarterly taxes and to feed your retirement plan.)

Insurance 195

Insurance Insurance Consulting How To 195

Harvard Business

SEPTEMBER 14, 2018

Ever since the forced bankruptcy of the investment bank Lehman Brothers triggered the financial crisis 10 years ago, regulators, risk managers, and central bankers around the globe have focused on shoring up banks’ ability to withstand financial shocks. Peter Dazeley/Getty Images.

Financial 130

Financial Banking System Resumes 130

Harvard Business

DECEMBER 23, 2016

In order to create value in India in the coming decade, companies must have a mobile-first strategy. Banking : India is a cash-based economy and most Indians don’t have active bank accounts, so setting up brick and mortar banks is a challenge.

Strategy 70

Strategy Strategy& Strategy Banking 70

Management Consulted

APRIL 2, 2017

Strategy& (PwC). Ask any consultant about the Middle East, and Booz (now Strategy&) will be the first name on their lips! A little later, Booz was acquired by PwC and rebranded as Strategy& Now that our little history lesson is complete, let’s continue. Here we go!

Oliver Wyman 160

Oliver Wyman Consulting Deloitte Real Estate 160

Harvard Business

DECEMBER 20, 2018

I’m working with a CEO who’s in the midst of rethinking her company’s strategy so it can better meet customer demands and thrive financially. The following strategies can you help you better understand your employees’ perspectives. A large European retail bank modeled this well during an organizational overhaul.

Interviews 133

Interviews Banking Retail Survey 133

LSA Global

JUNE 3, 2024

Top 10 Steps to Better Design Strategy Success Metrics Workplace metrics impact workplace behaviors and performance. Strategic buy-in and strategy execution hinges on the ability to measure success accurately and transparently. Designed properly, strategy success metrics provide clear direction, motivation, and accountability.

Metrics 68

Metrics Strategy Strategy& Strategy 68

Seth Godin Blog

MARCH 9, 2025

You have a strategy. You have a strategy problem. Borrowing tactics from someone with a useful strategy isn’t going to help because it’s their strategy that’s better, not their tactics. Going to the same bank as Charlize Theron isn’t going to make you a movie star. The problem is simple.

Banking 45

Banking Sales Strategy Strategy& 45

Management Consulted

OCTOBER 3, 2012

The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you. New ideas and strategies while working on the projects, finding different ways of doing things more effectively; I started feeling enthralled.

Consulting 204

Consulting Case Interview Interviews Engineering 204

Harvard Business

AUGUST 31, 2016

When my daughters were little, each time one of them received a birthday or holiday card from their grandparents with a crisp $20 in it, I silently vowed that I would finally get around to opening a savings account for them at our local bank so they could start learning the virtues of saving and compounded interest. That got old quickly.

Productivity 122

Productivity Banking Financial Tools 122

Tom Spencer

FEBRUARY 28, 2021

As a result, many consultants shift to industry and join the client’s side so that they can not only offer solutions but also take more ownership to formulate, execute, and implement a strategy from start to finish. BizOps / Strategy & Operations at tech firms. Corporate Strategy. What is corporate strategy?

Interviews 68

Interviews Case Interview Strategy Strategy& 68

Consulting Matters

JUNE 1, 2023

We also delved into her networking strategies for introverts, leveraging unique advantages, and establishing credibility through content and publications. ” A frequent contributor to the Harvard Business Review , she consults and speaks for clients including Google, Microsoft, and the World Bank.

Consulting 156

Consulting Journal Small Business Education 156

Tom Spencer

MARCH 24, 2023

On March 10th, Silicon Valley Bank went bankrupt. Due to the Federal Reserve’s determination to curb inflation it has consistently hiked interest rates for the last 12 months, an outcome that SVB and many other banks failed to anticipate. As the size of SVB’s losses became known, this startled anyone with money in the bank’s coffers.

Banking 97

Banking Industry Financial Real Estate 97

Tom Spencer

JANUARY 12, 2024

In recent years, the news has been filled with stories about the impending collapses of the banking system. In this article, we will explore a brief history of central banking in America, the Fed’s dual mandate, and the internal structures that determine its functioning. to charter its first central bank. banking system.

System 88

System Banking Policies Financial 88

Harvard Business

OCTOBER 9, 2017

In the second study we tracked 363 supervisor-subordinate dyads at a commercial bank, extending the lag between each survey to six weeks. Our research reveals two effective strategies. The second strategy is coalition formation. Consider the example of Anne, who applied this strategy to stop hostile comments from her supervisor.

Research 178

Research Real Estate Study Resources 178