Premium Essay

Ill Seek to Increase the Efficiency of Back-Office Processes.

In:

Submitted By koolbelle
Words 816
Pages 4
Rising competitive pressures will force Banking industry to differentiate itself more aggressively, whether through its product mix, market focus, or branding proposition. Restructuring will focus on entrenching existing areas of strength, not developing entirely new ones.

Cost-efficiency will remain key factor. Expect a further acceleration in the outsourcing of non-core functions and greater emphasis on performance improvement as the bank will seek to increase the efficiency of back-office processes.
POSTED BY MYBLOG AT 12:02 AM
NO COMMENTS:

Post a Comment

LINKS TO THIS POST

Create a Link

Newer Post Home
Subscribe to: Post Comments (Atom)
USEFUL INFORMATION

ANALYSIS OF THE GLOBAL CAPITAL MARKET
Learn Excel Quick & Easy
MBA Quick Reference
MY HEADLINES

FUTURE OF OIL AND RISING OIL PRICES

Blood and oil: How the West will profit from Iraq's most precious commodity
7/17/2008

The 'IoS' today reveals a draft for a new law that would give Western oil companies a massive share in…
Oil for War
7/17/2008

After invading one of the most petroleum-rich countries on earth, the U.S. military is running on empty. Napoleon famously…
Future of Iraq: The spoils of war
7/17/2008

How the West will make a killing on Iraqi oil riches Iraq's massive oil reserves, the third-largest in the world,…
Headlines by FeedBurner
FUTURE OF OIL AND RISING OIL PRICES
↑ Grab this Headline Animator

SUBSCRIBE NOW: GOOGLE

Add to Google Reader or Homepage

BLOG ARCHIVES

▼ 2008 (5)
▼ Jul 2008 (5)
New Product Development
Brand Identity Prism (Kapferer)
Porter's 5 Forces - Case Study
Porter's Five Forces - Assessing the Balance of Po...
PORTERS 5 FORCE ANALYSIS

Rising competitive pressures will force Banking industry to differentiate itself more aggressively, whether through its product mix, market focus, or branding

Similar Documents

Premium Essay

E-Business

...compels a response focused more on revenue and strategic advantage than on pure cost savings. Among the difficulties faced by providers is choosing among various models of connectivity and component function. Emerging models include “freefloating” personal medical records largely independent of the office-based physician, systems with compatible and intertwined physician and consumer relationships using an application services provider office practice system, and systems that connect patients and providers through e-mail, office triage, prescription refills, scheduling, and so on. This article discusses these and other combinations of technology that significantly overcome the barriers involved and that may be woven together to provide solutions uniquely suited to various competitive situations. KEYWORDS • Consumerism • Patient-provider relationship • Data ownership • Application service providers • Time and cost savings The Internet has created both opportunities and threats that providers of all stripes must eventually confront to remain viable businesses in the new economy. Although business-to-business (B2B) innovations offer great hope in reducing costs and providing other efficiencies, electronically connecting with patients is a particularly challenging frontier where technical hurdles are generally exceeded by political, legal, workflow, and other barriers. However, the rise of consumerism compels a response—one focused on the needs and demands of the patient. JOURNAL OF HEALTHCARE...

Words: 5462 - Pages: 22

Premium Essay

Strategie

...Treasury Insights 2015 As the Dust Settles . . . The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-forprofit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 82 offices in 46 countries. For more information, please visit bcg.com. BNP Paribas has a presence in 75 countries and has more than 185,000 employees, including 145,000 in Europe. It ranks highly in its two core activities: Retail Banking & Services (comprised of Domestic Markets and International Financial Services) and Corporate & Institutional Banking. In Europe, BNP Paribas has four domestic markets (Belgium, France, Italy, and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Mediterranean region, in Turkey, in Eastern Europe, and throughout a large network in the western part of the United States. In its Corporate & Institutional...

Words: 5737 - Pages: 23

Premium Essay

Military Supply Chain Management and Just-in-Time

...Running Head: Military SCM & JIT Military Supply Chain Management and Just-In-Time Lionel O. Wright Integrated Logistics Management – LGMT682 February 15, 2011 Professor Joseph Garmon [pic] TABLE OF CONTENTS Abstract ……………………………………………………………………………………. 3 Introduction …………………………………………………………………………………4 Traditional Military Supply Chains …………………………………………………………4 Military Supply Chains and the New Environment …………………………………………6 Why Move Towards Lean (JIT) Initiatives? ……………………………………………….16 What is JIT Management? ………………………………………………………………….20 Military Supply Chains since JIT ….………………………………………………………..23 Adopting an Integrated Approach …………………………………………………………..26 Conclusion…………………………………………………………………………………...31 References…………………………………………………………………………………...34 ABSTRACT According to Van Creveld, “Strategy, like politics, is said to be the art of the possible; but surely what is possible is determined not merely by numerical strengths, doctrine, intelligence, arms and tactics, but, in the first place, by the hardest facts of all: those concerning requirements, supplies available and expected, organization and administration, transportation and arteries of communication…before a commander can even start thinking of maneuvering or giving battle, of marching this way and that, of penetrating, enveloping, encircling, of annihilating or wearing down, in short of putting into practice...

Words: 8424 - Pages: 34

Free Essay

Women and Globalization

...corporations. How does economic globalization work? Economic globalization is fueled by international trade agreements signed between nations. The goal of these agreements is to get rid of barriers to trade by allowing companies to move their factories to countries with the lowest labour and environmental standards, countries where they can produce their products the cheapest and therefore sell them for the lowest price, earning them the highest profits. What free trade means in real terms is that whichever country can produce the cheapest product, wins. Through the North American Free Trade Agreement (NAFTA), factories in Canada and the United States move to Mexico because they can produce cheaper goods Globalization also encourages cut-backs to government...

Words: 3698 - Pages: 15

Premium Essay

Strategic Management

...KENYATTA UNIVERSITY, SCHOOL OF BUSINESS, DEPARTMENT OF BUSINESS ADMINISTRATION MBA: STRATEGIC MANAGEMENT Company Mission, Social Responsibilities and Ethics External Environment Internal Environment Strategic Analysis and Choice Possible? Desired? Long Term Objectives Generic & Grand Strategies Short Term Objectives Functional Tactics Policies Organizational Structure, Leadership and Culture Strategic Control and Innovation IMPLEMENTATION OF STRATEGY TOPIC: STRATEGY IMPLEMENTATION WAMBUGU JOHN KAMAU STRATEGY IMPLEMENTATION THROUGH SHORT-TERM OBJECTIVES, FUNCTIONAL TACTICS, REWARD SYSTEMS, AND EMPLOYEE EMPOWERMENT Introduction Strategy implementation is the manner in which an organization should develop, utilize, and amalgamate organizational structure, control systems, and culture to follow strategies that lead to competitive advantage and a better performance. Steps in Implementing the Firms Strategies Managers shift focus from strategy formulation to implementation successfully by doing the following right: * Identify short-term objectives: * Initiate specific functional tactics. * Outsourcing nonessential functions * Communicate policies that empower people in the organization. * Design effective rewards. How are Short-Term objectives used in Strategy Implementation? Short-term objectives are measurable outcomes achievable in one year or less. Short-term objectives provide much more specific...

Words: 4634 - Pages: 19

Premium Essay

Homehealthcare

...HOME HEALTHCARE TENCY THOMAS AMERICAN SENTINEL UNIVERSITY HOME HEALTHCARE Home health care helps seniors live independently for as long as possible, given the limits of their medical condition. It covers a wide range of services and can often delay the need for long-term nursing home care. More specifically, home health care may include occupational and physical therapy, speech therapy, and even skilled nursing. It may involve helping the elderly with activities of daily living such as bathing, dressing, and eating, or it may include assistance with cooking, cleaning, other housekeeping jobs, and monitoring one’s daily regimen of prescription and over-the-counter medications. At this point, it is important to understand the difference between home health care and home care services. Although they sound the same (and home health care may include some home care services), home health care is more medically oriented. While home care typically includes chore and housecleaning services, home health care usually involves helping seniors recover from an illness or injury(Eldercare.gov, 2012). That is why the people who provide home health care are often licensed practical nurses, therapists, or home health aides. Most work for home health agencies, hospitals, or public health departments that are licensed by the state. When purchasing home health care directly from an individual provider (instead of through an agency), it is even more important to screen the person thoroughly. This...

Words: 2368 - Pages: 10

Premium Essay

Professional Presence

...It focuses on the realization that your mental state of mind can affect the physical state of your body. In addition, Era III considers the influence of other humans through the use of prayer and the influence that can have on the body even without the patient being aware that they were being prayed for. Era III is referred to as the “Boundless Mind Era”. It takes the belief from Era II that diseases are influenced by a person’s feelings and emotions and goes a bit further to say that disease can be influenced by the mind of another person at a distance through the use of prayer. (Dossey, “A Conversation about the Future of Medicine”: Larry Dossey’s 3 Era’s in Healthcare). Research has been done on the influence of prayer on disease processes and patients receiving prayer had fewer side effects than those that were not prayed for. 2. I have been an Emergency Room and Critical Care nurse for 16 years. I feel my professional presence model is a mixture between Era I, physical body and Era III body-mind-sprit, depending on the situation. In both the critical care and emergency environment we have a...

Words: 3325 - Pages: 14

Free Essay

Workplace Environmen

...Open University of Malaysia WORKPLACE ENVIRONMENT AND ITS IMPACT ON EMPLOYEE PERFORMANCE A study submitted to Project Management Department in Saudi Aramco BY Nowier Mohammed Al-Anzi Open University of Malaysia 2009 i Open University of Malaysia WORKPLACE ENVIRONMENT AND ITS IMPACT ON EMPLOYEE PERFORMANCE A study submitted to Project Management Department in Saudi Aramco Nowier Mohammed Al-Anzi 51060418 Project Paper Submitted in Partial Fulfillment of the Requirement for the Degree of Master of Business Administration Open University of Malaysia 2009 ii DECLARATION Name Student's Number : Nowier Mohammed Al-Anzi : 51060418 I hereby declare that this project paper is the result of my own work, except for quotations and summaries which have been duly acknowledged. I hereby verify this research has not been submitted in substance for any other degree. Signature:‫ــــــــــــــــــــــــــــــــــــــــــــــ‬ Date: ‫ـــــــــــــــــــــــــــــــــــــــــــ‬ Supervisor Name: Mr. Iqbal Singh Kaundali Signature:‫ــــــــــــــــــــــــــــــــــــــــــــــ‬ Date: ‫ـــــــــــــــــــــــــــــــــــــــــــ‬ iii APPLICATION TO CONDUCT RESEARCH PAPER PART A: STUDENT PARTICULAR 1. Name Student’s Number : Nowier Mohammed Al-Anzi : 51060418 PART B: PARTICULARS ABOUT THE PROJECT 1. Title of the project : Workplace Environment and Its Impact on Employee Performance : To determine the...

Words: 25542 - Pages: 103

Premium Essay

Corrections

...-Corrections is a booming business prisons + crime = profitable industry we have an Increasing number of people under correctional supervision 6 million people under the correctional system by the end of the century - Tough on Crime Political Stance popular public policy 20 million victimizations in 2009 repeat violent felons off of the streets treat minors as adults create mandatory sentencing laws reduce time-off-for-good-behavior - Shift in Public Opinion 4.3 million violent crimes 33 million personal theft crimes - 7.2 million 3% (1 in 33) of adults in the U.S. are under some sort of correctional supervision -Probation (community sentence) and parole are NOT the same thing -1.3% average annual increase from 2000 to 2009 But declined 1.3% in 2010 to 2009 “has the correctional population supervision increased or decreased from 2000 to 2009?” Answer: INCREASED - the majority of people in the corrections system are on PROBATION - Percentage breakdowns for types of offences: 9% Public Disorder (35% federal) DUI, indecent exposure, drunken disorderly, prostitution, etc. 18% Drug Offence (51% federal) 19% Property Offense (less than 10% federal) 53% Violent Offenses (less than 10% federal) - Regions highest to lowest South West Midwest Fed? North East - Top 5 States Federal Texas California Florida New York Notes From Ch. 1 in Textbook- - Penology the study of the use of punishment for criminal acts - Penitentiary typically used...

Words: 4157 - Pages: 17

Premium Essay

Crm Notes

...CRM 11- Performance measurement Important stakeholders of a company - Shareholders / Board of directors - Customers - Employees/Management An organisation must maximize the main sources of revenue, profit and growth within the context of both business and customer strategy. The three key stakeholders group are: Employee Value Employee value needs to be considered from two perspectives. #1 the value employees deliver to the organization - This is usually measured against a number of performance objectives, where employees are appraised against performance targets #2 the value the organisation delivers to the employees - Comprises the benefits the work force receives in exchange for the opportunity cost, time and labour expended in performing their job. Customers Value The value the customer receives from the organisation is defined by the perceived benefits of the offer made to the customers, which extend beyond the core product or service. These higher level benefits can come from intangible factors, such as the provision of better customer service or association with a quality brand image. The value of the organisation receives from the customer is determined by the profits obtained from the customer over the lifetime of their relationship with the organisation. Shareholder Value Shareholder value is created by achieving a favourable rate of the return on capital invested. The board of director may expect the following...

Words: 3196 - Pages: 13

Premium Essay

Analysis on American Well

...American Well To make health care coverage more affordable, the country must address the soaring cost of medical care that continues to increase at a dangerous rate. A greater focus is needed on the main drivers of medical cost growth: soaring prices for medical services, new costly prescription drugs and medical technologies, unhealthy lifestyles, and an outdated fee-for-service system. More than one-sixth of the U.S. economy is devoted to health care spending and that percentage continues to rise every year. Regrettably, our system is not delivering value commensurate with, for example an estimated $2.5 trillion in 2009 spend on health care.1 These costs punish us on multiple fronts. For American families, the soaring cost of medical care means less money in their pockets and forces hard choices about balancing food, rent, and needed care. For all businesses, employers alike, it makes it more expensive to add new employees, more difficult to maintain retiree coverage, and harder to compete in the global economy. For federal, state, and local governments, rising health care costs lead to higher Medicare and Medicaid costs, and funding cuts for other priorities, such as infrastructure, education and public safety. Thus, the net results of rising health care costs are far-reaching: higher costs for health insurance, the fraying of the nation’s safety net, an erosion in our global competitiveness, nauseating political positioning and long-term fiscal insolvency. While the health...

Words: 3128 - Pages: 13

Premium Essay

Accountable Health Care Organizations

...Organizations represent a strategy outlined within the Affordable Health Care Act to control costs and improve quality. They require partnerships between providers, hospitals, and communities. There are challenges in health systems where private practice is the predominant practice structure. Key issues and challenges to an effective ACO are cost reduction and utilization management, business model shifts, risk sharing and population management, consolidation, a changing role of IT and value of data, physician integration, clinical process improvement, and consumerism and the patient. How to reduce cost is a question that has been pursued, and it needs to be looked at, as well as utilization of management. Does this mean that homes for critically ill children or a hospital that cares only for transplant patients is becoming the future of health care in the USA? Why Accountable Care Organizations? No one will dispute the high cost of health care in the United States. Critics often say that it is the result of how health care providers are paid. They claim that—with a fee for each service— this results in increased and wasteful spending. Critics say that this system rewards providers just for doing more procedures, rather than for providing efficient and high-quality care (Matthews, 2012). In an effort to handle this problem, the United States Government has passed legislation: The Affordable Care Act (Centers for Medicare and Medicaid Services, 2012). This act...

Words: 5043 - Pages: 21

Premium Essay

London: a National Healthcare Prospective

...London: A National Healthcare Perspective Kaye Leonard Pfeiffer University MHA 776 Dr. James Leist Dr. Gwendolan Swain Abstract This paper provides an overall impression of the United Kingdom’s health service, inception of the National Health Service, challenges the NHS faces regarding financial sustainability, providing effective and efficient care, and the move towards more privatization . Comparisons are made between the National Health Service and heathcare in the United States across multiple sectors that include acute care settings, skilled nursing facilities, primary care providers and regualtions governing nursing practice and the challenges faced by both systems. Table of Contents Introduction 4 Background 4 Impression of the NHS 5 Mr. John Smith Director, Civil Eyes Research 7 Mr. Andrew Cheesbrough, CEO Orders of St. John Care Trust 8 Mr. Robert Creighton, Transition Director and Government Advisor on Public Health 9 Dr. Elizabeth Fellows-Smith. Senior Policy Advisor, Mental Health 10 Dr. Rodney Taylor, Former Medial Director NHS Hospital 12 Professor Simon de Lusignan, Primary Care 12 Mr. Bernell Bussue, Director of London Region,Royal College of Nursing 12 Mr. Paul Holdom, CEO The London Clinic 14 Professor Duncan Empy, Group Medical Director of BMI Healthcare 14 Shirley Kramer, Chief Executive Institute of Healthcare Management 16 Strengths and Weaknesses 16 Summary 17 References...

Words: 4846 - Pages: 20

Premium Essay

Administration

...m...

Words: 5114 - Pages: 21

Premium Essay

Operations Management

...Operations traditionally refer to the production of goods and services separately, although the distinction between these two main types of operations is increasingly difficult to make as manufacturers tend to merge product and service offerings. More generally, Operations Management aims to increase the content of value-added activities in any given process. Fundamentally, these value-adding creative activities should be aligned with market opportunity (see Marketing) for optimal enterprise performance. According to the U.S. Department of Education, Operations Management is the field concerned with managing and directing the physical and/or technical functions of a firm or organization, particularly those relating to development, production, and manufacturing. Operations Management programs typically include instruction in principles of general management, manufacturing and production systems, plant management, equipment maintenance management, production control, industrial labor relations and skilled trades supervision, strategic manufacturing policy, systems analysis, productivity analysis and cost control, and materials planning. Origins The origins of operations management can be traced back through cultural changes of the 18th, 19th, and 20th centuries, including the Industrial Revolution, the development of...

Words: 6680 - Pages: 27