September 12, 2012 ? 12:35 PM
Recommended for all small business owners? ? takeaways and how-to.
Excerpt:? The current economic environment in the United States and around the world is challenging for banks and business alike. Given the macroeconomic forecast, financial institutions can no longer grow their way out of their problems. Business areas that traditionally provided revenue growth for financial institutions are not growing sufficiently to overcome new capital and regulatory requirements, and activity levels of several major financial sector businesses are flat or declining.
Increased regulation and capital requirements along with limited revenue leverage will require business-model changes boost profitability. Leading institutions are implementing continuous expense management programs to extract value from business-model changes by focusing on efficiency through each key step in the budgeting and reporting systems.
Watch video and download report via Continuous expense management for financial institutions: PwC.
Filed under Small Business, Management, Budgeting, Forecasting & Planning, Leadership, Operations & Innovation
Source: http://bjconquest.com/2012/09/12/revenue-is-not-coming-back-change-management-strategy-pwc/
London 2012 Slalom Canoe Alex Morgan Misty May Treanor Lolo Jones Aly Raisman Marvin Hamlisch Megan Rossee
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