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Archive for: June, 2010
Sanat RaoInfosys Technologies Ltd - London

Strategy No. 4: Agility for the long running bank.

29 June 2010  |  4422 views  |  0  |  Recommends 0

It’s simple. Winning a race means “getting there first”. The same rule applies to banking, with a small corollary, which is that the most agile (and not necessarily the fastest) usually wins. Is there a difference? You bet! Agility is not pure speed; nimbleness and flexibility play a large part in it. Agility is more “how far” than “how fast”. An...

TagsOnline bankingRetail bankingGroupInnovation in Financial Services
Sanat RaoInfosys Technologies Ltd - London

Strategy No. 3: Keep customers, beat competitors!

14 June 2010  |  3129 views  |  0  |  Recommends 0

Although the worst may be over, banks are still fighting a meltdown in customer loyalty brought about by a lack of consumer confidence and excess of competitive offerings. Since it costs a lot more to acquire customers than hold on to them, retention is nothing short of a magic mantra for gaining competitive advantage. Regrettably, that famed lo...

TagsOnline bankingRetail banking
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