The future strategies of UK building societies are put under the microscope by Aspace Consulting in two documents which explore the role of technology and the branch network and the importance of mutuality in maintaining competitive differentiation.
Building societies, in common with other players in the market, have found it increasingly difficult to grow their business while maintaining appropriate profit margins.
Aspace Consulting, supported by the Building Societies Association, interviewed the chief executives or strategy directors of 18 building societies to understand their competitive strategies and identify what characterises successful strategic planning in the current highly competitive financial services marketplace.
The two documents, comprising a report and a structured questionnaire and analysis, are available to download here.
To read the full documents, download
Building Society Report (330Kb PDF) or
The Analysis (263Kb PDF) now.