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Banking Transformation: Process Excellence

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.

10 Principles of Managing Strategy through Execution

Linking strategy with execution is crucial for the success of organizations, driving innovation, quality, and growth. If they don't align in a coherent way, a firm potentially risks losing its focus. Leaders need to be expert at both strategy and execution. For organizations to become successful global business, they need to organize a clear winning value proposition, underpinned by unique capabilities, by linking their strategy with execution to everything they accomplish.

Lean-led Business Transformation

Big cross-organizational change can be difficult and not all organizational transformation is the same. Rapid advances in technology, a growing global creative workforce, and market with fewer and fewer barriers to entry are driving a hyper-creative volatile marketplace. New ideas are making established business positions obsolete at an increasing rate. Products and services that survive are exposed to commodifying price pressure.

Who’s the Boss: 9 Ways to Start Taking Control

If you don't take charge of your own life, someone else is bound to try. This is much easier said than done, since this involves extricating yourself from a relationship where you’ve really been a passive participant. There may be a lot of protest and challenges from others who like things just the way they are and wish to keep the status quo. You may have to put up with this for a while before you learn to stand your ground.

Price War Strategy

Many companies are competing on the basis of low prices. Yet, Price Wars represent a fundamentally different dynamic than simply trying to get an edge on price. These begin when competitors aggressively and repeatedly set prices below established levels. In many cases, companies that initiate Price Wars engage in self-destructive behavior, which can lead to downward pricing spirals.

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