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Banking Transformation: Process Excellence (PowerPoint PPT)
PowerPoint (PPT) 25 Slides FlevyPro Document
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.
This comprehensive PPT deck delves into the critical barriers to successful banking transformation, highlighting key challenges such as lack of process leadership, enterprise delivery, and cross-functional collaboration. It provides a detailed analysis of these barriers and offers actionable insights to overcome them, ensuring that your transformation initiatives are not derailed by common pitfalls.
The PPT also emphasizes the importance of process excellence in banking, focusing on customer acquisition, retention, and the need for enhanced technologies. With practical examples and case studies, this resource equips you with the knowledge to drive significant improvements in profitability and operational efficiency.
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Source: Best Practices in Business Transformation, Business Process Management, Financial Services Industry PowerPoint Slides: Banking Transformation: Process Excellence PowerPoint (PPT) Presentation, LearnPPT Consulting
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