BUY WITH CONFIDENCE
DESCRIPTION
Seeking a return to pre-recession levels of profitability and growth, banks are embarking on a Transformation process which touches every corner of the operation—from providing new tools to its sales force to consolidating back-office operations. Research finds that Banking Transformation projects are over budget 41% of the time, behind schedule 29% of the time, and often cancelled midway.
Transformation programs must rely and leverage the best-in-class business Process Strategies in order to be successful through a combination of
• Process ownership
• Tailored methodologies
• Highly trained process delivery professionals
• Enabling technology
• Focused value capture
The 6 Process Strategies for achieving a fast and successful Banking Transformation are:
1. Empowering process owners and holding them accountable for the success of the Transformation
2. Selecting the Transformation approach based on the strategic intent
3. Dedicating teams of process architects to support the project through its lifecycle
4. Applying Business Process Management tools
5. Implementing process-based quick wins to kick-start value realization and gain momentum
6. Creating a Business Process Management Center of Excellence to improve value capture
This deck also includes slide templates for you to use in your own business presentations.
Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Business Transformation, Business Process Management, Financial Services Industry PowerPoint Slides: Banking Transformation: Process Excellence PowerPoint (PPT) Presentation, LearnPPT Consulting
Did you need more documents?
Consider a FlevyPro subscription from $39/month. View plans here.
For $14.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
OVERVIEW
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
[read more]
ABOUT FLEVYPRO
FlevyPro is a subscription service for on-demand business frameworks and analysis tools. FlevyPro subscribers receive access to an exclusive library of curated business documents—business framework primers, presentation templates, Lean Six Sigma tools, and more—among other exclusive benefits.
Click here to learn more about FlevyPro and its benefits.
Banking Integrated Financial Model Growth Strategy KPI Project Management Information Technology Maturity Model Sales Service Transformation Porter's Five Forces Current State Assessment Organizational Design Financial Management Valuation Model Example Process Analysis Breakout Strategy Fourth Industrial Revolution Portfolio Strategy PMI (Post-merger Integration) Business Process Outsourcing Sales Deck Augmented Reality Strategy Development
Download our FREE Strategy & Transformation Framework Templates
Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S, Balanced Scorecard, Disruptive Innovation, BCG Curve, and many more. |