Glittering Prize: How Financial Institutions Can Drive Growth Through Process and Service Innovation

Topics:
Investment Strategy,
Revenue recognition
Tags:
Deloitte LLP,
Revenue Growth,
Revenue,
Operational Accounting,
Management,
Leadership,
Innovation,
Financial Company,
Financial Accounting,
Financial,
...
Source:
Deloitte LLP

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Overview: Revenue growth is the primary driver of shareholder value and the No. 1 challenge for financial services companies around the world. Yet, at this time, the industry's growth objectives are often tempered by a continuing focus on cost containment. More balance is required. This study encourages the executives of financial institutions to evaluate the role of innovation in both creating and sustaining revenue growth. Defining innovation in its broadest terms - product, process, services and breakthrough strategies - it proposes that lasting revenue strategies come from process and service innovations.

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Format: PDF | Size: 349KB | Date: May 2005 | Pages: 20

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