Tom Spencer

JUNE 7, 2024

The root problem is the disconnect between strategy and innovation. Embed strategy into the innovation process Once a business’ strategic priorities and unique advantages are defined, the business can focus its resources on innovation projects that align with its priorities in a way that leverage its strengths.

Strategy 88

Strategy Strategy& Strategy Intellectual Property 88

Harvard Business

AUGUST 23, 2023

How one 200-year-old regional bank in the U.S. used intrapreneurship to compete with online lenders.

Banking 57

Banking Strategy Strategy& Strategy 57

Wakeman Consulting Group: Dave's Blog

JUNE 14, 2023

What is interesting is the struggles of Marcus, Goldman’s consumer facing bank face. ” Goldman is an investment bank. Consumer banking is an entirely different thing. Not having a background in consumer banking, Goldman had to acquire GreenSky® as a way to accelerate their entry into the consumer market.

Banking 40

Banking Marketing Groups Strategy& 40

Strategy+Business

JANUARY 15, 2017

Between 2008 and 2014, higher revenue growth correlated with a more focused strategy correlated with higher revenue growth for banks. Banks seeking to thrive in the future should act accordingly.

Banking 55

Banking Strategy Strategy& Strategy 55

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

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 64

Metrics Strategy Strategy& Strategy 64

Management Consulted

DECEMBER 16, 2008

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272

Banking Boston Consulting Group Consulting Management 272

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

Chad Barr

JANUARY 24, 2024

Spyware: Software that secretly records what you do on your device, often used for collecting passwords, banking details, and personal information. Deepfakes and AI-Generated Scams: These new-age deceptions are alarmingly convincing, capable of swaying opinions and emptying bank accounts. They pose significant risks.

Strategy 52

Strategy Strategy& Strategy Software 52

Wakeman Consulting Group: Dave's Blog

MARCH 13, 2023

I felt like after the failure of Silicon Valley Bank and the uncertainty that seems to be on the business pages that this would be a relevant thing to share with folks. Dave In the current uncertain environment, DAVE WAKEMAN advises how business owners can assess and adapt their management strategy. Are we in the rough middle stages?

Strategy 59

Strategy Strategy& Strategy Marketing 59

Management Consulted

MAY 28, 2017

In fact, the firm is already beating out heavyweights such as McKinsey, Bain, and Parthenon-EY for strategy projects in the tech sector due to better industry specialty. On the value creation side, Bulger Partners covers 13 different types of value assignments (growth strategy offerings, technical strategy, operations, etc.).

Software 165

Software Strategy Strategy& Strategy 165

BCG

JULY 5, 2016

For all the angst over the disruptive impact of financial technology providers, the smart money in corporate banking sees fintechs as strategic allies, not enemies. Over the past decade, the fintech market has become a hotbed of customer-centric banking innovation.

Banking 75

Banking Small Business Finance Operations 75

Harvard Business

SEPTEMBER 21, 2021

Does addressing structural racism in the financial system align with a major bank’s growth strategy?

Banking 53

Banking Financial System Strategy& 53

1 to 1

OCTOBER 14, 2022

The landscape of retail banking is rapidly changing. Physical banks are closing and the age of virtual banking is here. It is causing banks and financial services firms to adapt to a whole new way to provide personalized services. The shift to virtual banking.

Banking 32

Banking Financial Efficiency Retail 32

MishTalk

FEBRUARY 21, 2014

I seriously do not understand this "Bad Bank" concept. If for some reason you disagree, please note that Spain now needs a "Bad Bank" for "Bad Banks". Via translation from El Economista, please consider Another bad bank? Hopefully investors in "bad banks" in Spain have learned their lesson.

Banking 73

Banking Government Operations Finance 73

Tom Spencer

JANUARY 19, 2024

The Fed influences the world economy Professors in banking and finance often use the metaphor of the economy as a plane and the Fed as the pilot. The federal funds rate determines the cost of interbank borrowing in the overnight money market, which influences the interest rates that banks charge on consumer and business loans.

Banking 88

Banking Policies Government Tools 88

MishTalk

AUGUST 13, 2014

Chinese Credit Just Collapsed and shadow banking with it. Shadow Banking Aggregate social financing was 273 bn yuan versus 1500.0 bn expected and prior was 1970 bn implying that shadow banking credit contracted 112 bn in the month. trillion yuan from the previous month, the central bank said today. bn versus 780.0

Banking 78

Banking Finance Journal Report 78

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

MishTalk

AUGUST 23, 2014

I received an interesting question on bank lending just a bit ago. Would QE by the ECB spur European bank lending? Banks do not lend from excess reserves. Banks lend (provided they are not capital impaired), when credit-worthy borrowers want credit and banks perceive risks worth lending. Of course not.

Banking 71

Banking Course Management Strategy 71

Martinka Consulting

JULY 22, 2020

From June 4-10 Jessica and I interviewed bankers representing eight Puget Sound area banks.* This memo is a synopsis of those conversations about what’s going on in banking during the COVID crisis, with a focus on business acquisition loans. First, all the banks are, “Open for business” meaning they are considering making loans.

Banking 40

Banking Cash Flow Analysis Interviews 40

MishTalk

DECEMBER 4, 2013

Most understand the "too big to fail" banks have gotten bigger and bigger over time as they swallow up smaller banks bit by bit. Number of Banks Over Time by Type Total Number of Banks Percent of Banks Vs. 1990 Total Problem Banks as Percentage of All Banks Anyone feel any safer by this?

Banking 66

Banking Management Strategy Strategy 66

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 Real Estate Financial 97

Tom Spencer

SEPTEMBER 13, 2024

As a strategy consultant at various firms, including most recently at Strategy&, I would have argued that success as a manager means “leading a team to solve complex problems and deliver the best client outcomes”. Jason Oh is a Senior Manager at TD Bank’s Enterprise Strategy team.

Construction 78

Construction Banking Management Enterprise 78

Management Consulted

JULY 22, 2013

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Find it here: 5 reasons to choose strategy operations over financial advisory consulting. Missed part one?

Financial 194

Financial Consulting Strategy Strategy& 194

MishTalk

SEPTEMBER 8, 2014

Banks are in the business of making loans. Exploring Lending Club Bloomberg columnist Mat Levine explores the issue in Lending Club Can Be a Better Bank Than the Banks. There are a lot of ways in which [Lending Club] is not a bank, but the big one is that basically all (95.6 Is that the right model?

Banking 74

Banking Balance Sheet Financial Operations 74

MishTalk

DECEMBER 22, 2014

Chinese banks have experienced an outflow of deposits for the quarter for first time since 1999. To compete for funds, Chinese banks offer anything from fresh vegetables for small deposits to a Mercedes A180 for deposits big enough and long enough. The effective yield on the Mercedes is approximately seven percent!

Banking 74

Banking Benchmarking Finance Policies 74

MishTalk

AUGUST 9, 2013

The question on my mind today is "When will the Spanish banking system collapse?" The Spanish banking system passed a so-called "stress test" in 2012, but sovereign government bonds are are not included in the evaluation. It was Cypriot exposure to Greek bonds that collapsed the Cypriot banking system. Stress-Free Tests.

Banking 77

Banking System Real Estate Government 77

CaseInterview.com

DECEMBER 4, 2019

I recently wrote an article about the difference between Planned vs. Emergent Career Strategies. The emergent strategy sometimes reveals itself in the process of pursuing the original career plan. I met an investment banker, an equity research analyst, an EVP at Wells Fargo (one of the top 10 banks in the U.S.),

Strategy 66

Strategy Strategy& Strategy Engineering 66

MishTalk

NOVEMBER 6, 2013

Via translation, El Economista reports the Bank of Spain Discovers €20.50 Non-performing loans of Spanish banks to the end of September totaled €92.224 billion euros, 29% more than the €71.660 billion according to preliminary data included in the last Bulletin Financial Bank of Spain. Bank of Spain Translated. Banks lied.

Banking 74

Banking Financial Report Course 74

BCG

SEPTEMBER 20, 2016

To this end, ING aims to simplify the banking experience, making its services fast, easy, and accessible. Ralph) Hamers has been with ING for 25 years, becoming CEO in 2013 after a variety of roles in wholesale banking, lending, finance, credit risk management, and retail banking.

Banking 40

Banking Boston Consulting Group Industry Retail 40

Leadership Vision Consulting

OCTOBER 8, 2023

Bob Erickson, retired EVP of US Bank, highlights the importance of a tailored, human-centric leadership model, emphasizing key traits to foster empowered, cohesive teams. The post Inside the Mind of a Leader: A Talk with Former US Bank VP Bob Erickson appeared first on Leadership Vision.

Banking 26

Banking Conference Leadership Training 26

MishTalk

OCTOBER 26, 2013

Bank profits are. Banks cannot use the money and are not lending it. It proposes a new tool to pay banks even more interest on money banks don''t lend and cannot use (as an alternative to shrinking money supply). Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.'

Banking 75

Banking Tools Balance Sheet Policies 75

Harvard Business

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.

Banking 43

Banking Small Business Oliver Wyman Retail 43

MishTalk

FEBRUARY 26, 2014

Ukraine Seeks Help From IMF Reuters reports Ukraine Asks IMF for Help on New Financial Aid Program Ukraine has asked the International Monetary Fund to help prepare a new financial aid program, its central bank chairman said on Wednesday, adding that the new government would soon have its own anti-crisis program ready.

Banking 74

Banking Financial Report Government 74

Harvard Business

OCTOBER 10, 2018

The consumer banking industry is notoriously difficult to enter, not least because most customers rarely switch banks. In some countries, people change spouses more often than they change banks. It has now become the largest bank in the country. These areas were underserved by the traditional banks.

Banking 28

Banking Industry Insurance Insurance 28

MishTalk

NOVEMBER 27, 2013

In the wake of all the misguided pleas for negative interest rates in Europe (hoping to get banks to lend), comes news US banks warn Fed interest cut could force them to charge depositors. Most” officials thought a cut in the interest on bank reserves was an option worth considering. Excess Reserves Free Money Math The Fed pays.25%

Banking 73

Banking Insurance Insurance Course 73

Management Consulted

SEPTEMBER 26, 2012

Today we launch a killer combo that every consulting wanna be needs in their repertoire – our online Consulting Case Bank and The Consulting Bible 3rd edition – combining forces to rule over the consulting interview jungle! Starting today you can get BOTH for the price of the Consulting Case Bank.

Banking 113

Banking Case Interview Consulting Interviews 113