Tom Spencer

DECEMBER 9, 2017

The Maintech Summit at the Frankfurt School of Finance and Management (co-sponsored by Excon , a local start up instigator) is the first real academic-based “shark-tank” environment for disruptive start-ups in Frankfurt. The concept of medical cannabis covered under health insurance has just become law in Germany. Have a Story to Tell.

How To 121

How To Insurance Insurance Productivity 121

Harvard Business

FEBRUARY 15, 2017

A new survey conducted by my team at Fractl found that, after health insurance, employees place the highest value on benefits that are relatively low-cost to employers, such as flexible hours, more paid vacation time, and work-from-home options. But what should a business do if it can’t afford Google-sized benefits?

Insurance 136

Insurance Insurance Survey Policies 136

Tom Spencer

JUNE 9, 2023

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147

Data Operations Efficiency System 147

Harvard Business

AUGUST 9, 2016

Almost every organization today is putting customer experience (CX) at the core of its strategy, aiming to provide products and services that meet customers at every touch point. Marketing can look at this data and decide to test a hypothesis: Is that color product selling best because it’s in an image featured on the homepage?

Marketing 109

Marketing Insurance Insurance Data 109

Management Consulted

OCTOBER 3, 2012

For instance, we examined predatory pricing in the airline industry and illegal product tying by Apple, Microsoft, and AT&T. What I found particularly fascinating was the number of variables that needed to be taken into account while making strategic decisions on governance, production or any other function.

Consulting 204

Consulting Case Interview Interviews Engineering 204

The Fearless Marketer

APRIL 15, 2019

Here’s the opening of an email to executives in the Insurance Industry interested in increasing sales: We’ve all seen this opera a thousand times: Yes, insurance salespeople have been the victim of vicious stereotypes. This opening relies on the stereotype of the obnoxious insurance salesperson. Then call on Dilbert, of course.

Insurance 88

Insurance Insurance Industry Course 88

Harvard Business

NOVEMBER 7, 2018

The challenge, she said, was that these managers were highly proficient in their own disciplines such as finance, marketing, research, clinical care, and insurance reimbursement — and had demonstrated that they could manage people in these areas — but she needed them to be “bigger” leaders.

Leadership 132

Leadership Handbook Healthcare Emotional Intelligence 132

Harvard Business

NOVEMBER 23, 2016

First, small businesses tend to be more productive than larger ones and may be especially unlikely to invest in risk management that diverts resources from production. Firms applied for credit to finance recovery. Here are some initial priorities for small businesses, insurers, and public policymakers.

Insurance 70

Insurance Insurance Small Business Finance 70

BCG

DECEMBER 15, 2016

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.

Insurance 40

Insurance Insurance Cash Flow Management 40

Harvard Business

OCTOBER 25, 2018

We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value. Productivity can help; but it is not enough to achieve superstardom.

Industry 132

Industry Company Metrics Real Estate 132

Management Consulted

JULY 2, 2017

Both the Boston and New York offices work in conjunction with industries across the northeast regions in area such as telecommunications, financial services, private equity, e-commerce, consumer products, and healthcare, among others. Like Deloitte, its presence in Boston is quite strong even though EY’s US headquarters is in NYC.

Oliver Wyman 72

Oliver Wyman Mercer Consulting Deloitte 72

Harvard Business

DECEMBER 16, 2016

In response, these companies made three significant shifts in their offerings: (1) they turned services into products; (2) they improved convenience while lowering cost; and (3) they leveraged big data to provide tailored customer solutions. Turn services into products. Insight Center. Innovating for Value in Health Care.

Financial 70

Financial Healthcare Insurance Insurance 70

Harvard Business

JANUARY 20, 2017

While their innovative products have been a boon to consumers in mature economies, the resulting efficiency and security benefits have largely bypassed the 2 billion consumers in the developing world who lack formal banking services altogether. As the company put it in a blog post , “The key to flexible earnings is flexible financing.”

Banking 70

Banking Company Financial Finance 70

Harvard Business

JULY 24, 2017

So four years ago, when I was CEO of GE Capital Retail Finance and tapped to lead a mega change initiative — splitting off our unit into a new, publicly traded company, Synchrony Financial — I’ll admit I viewed it as a huge challenge. Would our health insurance programs include their doctors and hospitals?

Management 132

Management Change Management Culture Leadership 132

Harvard Business

APRIL 11, 2017

Self-driving capabilities can boost safety and driver productivity. What products will be relevant in this evolving future where fleets and product liability become more important? How can we finance fleets through leasing and/or mobility securitization? What is our role in a fleet-led urban future? Financial services.

Automotive 103

Automotive Transportation Energy Retail 103

Harvard Business

JULY 5, 2017

Lacking capital, truckers purchased new vehicles through financing provided by these very same trucking companies. For starters, a person who should be considered an employee but is misclassified as an independent contractor does not contribute to unemployment insurance or workers compensation.

Case Interview 136

Case Interview Government Insurance Insurance 136

Management Consulted

SEPTEMBER 30, 2013

The firm advises government divisions, law firms, and major global corporations on governmental regulation (like anti-trust rulings), public policy implications, public, competitive forces, and private financing. Finance: Bankruptcy, Consumer Protection in Financial Services, Financial Institutions and Banking, Financial Risk Management. .

NERA Economic Consulting 147

NERA Economic Consulting Interviews Oliver Wyman Consulting 147

Tom Spencer

MAY 18, 2019

Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes. Retail asset managers will offer a variety of products including mutual funds, index funds and specialized pools. What does this mean exactly? Asset Management Business Model.

Industry 113

Industry Real Estate Management Retail 113

Tom Spencer

JUNE 24, 2022

Blockchain has already had a significant impact in the finance industry with the global cryptocurrency market cap now exceeding $1 trillion. Supply chain tracking also makes it possible to pinpoint the origins of products, and so ensure that goods are sourced from safe and sustainable suppliers. In 2017, Protokol estimated that $1.2

Government 88

Government Insurance Insurance System 88

Harvard Business

APRIL 4, 2016

” These services include the ability to deposit and withdraw their earnings, transfer money to friends and family, open and manage savings accounts, and insure their businesses. Without any insurance or the ability to receive an infusion of funds to sustain his household, the farmer and his family slip back into poverty.

Banking 70

Banking Insurance Insurance Financial 70

Harvard Business

OCTOBER 30, 2017

Whereas new technologies, competitors, and business models have made products and services more affordable and accessible in media, finance, retail, and other sectors, U.S. Employers and insurance companies — not end consumers — call the shots on what kind of care they will pay for. This shift is long overdue.

Insurance 73

Insurance Insurance Management Methodologies 73

Harvard Business

AUGUST 22, 2016

They have defied assurances by market regulators that they offer fair products and services in the exchanges. The premium charged by the insurer will track the risk profile of the auditor’s work. The premium charged by the insurer will track the risk profile of the auditor’s work.

Insurance 70

Insurance Insurance Financial System 70

Harvard Business

APRIL 26, 2017

Recent analysis by Bain and SAP found that only 7% of bank credit products could be handled digitally from end to end. These low-cost and reliable sources of funds are from taxpayer-insured deposits and the Federal Reserve’s discount window. The marketing, underwriting, and servicing of SME loans have largely taken a backseat.

Banking 135

Banking Small Business Oliver Wyman Retail 135

Harvard Business

OCTOBER 3, 2016

Good statistics on immigrant entrepreneurship are exceptionally difficult to assemble, and therefore it’s challenging to create productive policies. states, with more being added as their unemployment insurance (UI) filings data become available. We have merged in data on the firms backed by VC financing.

Government 132

Government Policies Examples Insurance 132

CaseInterview.com

JANUARY 28, 2019

I spent a lot of time in risk-management-based businesses such as insurance, re-insurnace (the insurance companies used by insurance companies), and subprime lending. Examples of this include: Minimum Viable Product (from Eric Ries, author of Lean Startup ). Using Kickstarter to finance a business.

Insurance 59

Insurance Insurance McKinsey Finance 59

Harvard Business

MAY 16, 2017

Collaborated with University Facilities, Safety & Risk, Risk Manager; ServPro; and Insurance Adjuster to plan and execute clean-up and equipment replacement. Accelerate growth with new product/service lines that generate predictable, recurring revenue. Expand from U.S. into multiple global markets.

Transportation 136

Transportation Real Estate Financial Operations 136

Management Consulted

OCTOBER 18, 2013

Finance Risk. Consumer Products. Areas like finance, accounting, communications, HR and marketing. IBM Global Business Services is broken down into 2 primary practice areas: Business Consulting and Systems Integration Application Management Services. There are 6 specialty areas of Business Consulting: Business Strategy.

IBM GBS 203

IBM GBS Interviews Consulting Case Interview 203

Harvard Business

JULY 17, 2018

The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. As I have explained elsewhere , a finance committee is critical for a board in complex public companies like GE, which are involved in a broad range of retirement plans, stock buybacks, and large acquisitions.

Cash Flow 70

Cash Flow Finance Financial Company 70

Harvard Business

SEPTEMBER 5, 2016

Pearson, the educational publisher, measures the efficacy of its products to improve educational outcomes. Cigna is the first insurance company to get pharmaceutical companies to agree to value pricing based on results for certain cholesterol-lowering drugs. ” Health care. Required Capabilities.

Education 70

Education Insurance Insurance Analysis 70

MishTalk

DECEMBER 26, 2013

China''s Central Bank Discusses Deposit Insurance On December 9, Caixin Online noted PBOC Said to Be Talking to Major Banks about Deposit Insurance. Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent.

Balance Sheet 65

Balance Sheet Marketing Banking Financial 65

Harvard Business

APRIL 6, 2016

These conflicting pressures are especially present when the product provided by the asset is not very differentiating (think, for instance, of commodity steel products or container shipping services). For example, Ageas, a large European insurance company, has been using this model for its successful expansion into Asia.

Operations 70

Operations Examples Insurance Insurance 70

Tom Spencer

AUGUST 16, 2024

This allows banks to enhance their service operations by offering hyper-personalized recommendations based on each customer’s specific circumstances, creating customized financial plans, and providing tailored financial advice and product suggestions. Operational Efficiency Gen AI will boost the productivity of operational staff.

Banking 78

Banking Financial Operations Data 78

MishTalk

FEBRUARY 21, 2014

January 9, 2008 : Telephone Conference Meeting of the Federal Open Market Committee Staff Report : The incoming data on spending and production have, on net, led us to revise up our estimate of real GDP growth in 2007:Q4 by about 1-1/4 percentage points relative to the December Greenbook. I didn’t quite get that.

Construction 77

Construction Conference Meeting Policies 77

Management Consulted

MARCH 29, 2015

I majored in accounting, finance and supply chain management at a college in the state (Miami of Ohio). I was going down the route of finance, asset management, investment banking, or something like that. One of the guys does mostly investment banking, and he gave me a tough insurance case. That was rough.

McKinsey 100

McKinsey Interviews Case Interview Consulting 100

Harvard Business

JUNE 16, 2016

by both insurance companies and cardiologists to a new and expensive drug (which costs more than $4,000 a year, compared to pennies a day for existing drugs). Avoiding a $500 million mistake is surely just as valuable as launching a $500 million product. The failure stemmed from resistance in the U.S.

Pharmaceuticals 70

Pharmaceuticals Sales Insurance Insurance 70

Tom Spencer

JULY 16, 2015

It can help to assess the business situation in the context of entering a new market, M&A, product development, and starting a new business. For example, a doctor may prescribe medicine, paid for by an insurance company, and used by the patient. What products and services do they offer? Customer Segmentation.

Case Interview 60

Case Interview Industry Productivity Interviews 60

Harvard Business

JUNE 8, 2017

During the past decade, business analytics platforms have evolved from supporting IT and finance functions to enabling business users across the enterprise. An example of this was the data science team, made up of repurposed actuaries, at a national auto insurance company. Indeed, this seemed to have made compensation more equitable.

Methodologies 73

Methodologies Data Analysis Retail 73