Remove Benchmarking Remove Efficiency Remove Reference Remove Sales
article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

The interest rate set by the central bank serves as a benchmark or reference rate for banks. Indirect tax refers to taxes imposed based on the consumption, sale, or use of goods and services. The interest rates at which banks borrow and lend money are influenced by the interest rates established by the central bank.

Banking 88
article thumbnail

Retail Bank Operational and Digital Leaders Reap the Rewards

BCG

BCG’s Retail-Banking Excellence benchmarking study (REBEX) profiles the operational and digital practices and performance of 20 of the world’s leading retail banks, a group of 40 institutions chosen for their size and the strength of their capabilities. We refer to these banks as the “premier league.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Mainstream software companies are beginning to hold “ data mirrors ” up to their customers, allowing scoring and benchmarking of their customers’ strategies. One of its business units, Fieldglass, provides insights and benchmarks to customers on external workforce management.

article thumbnail

If Your Company Isn’t Good at Analytics, It’s Not Ready for AI

Harvard Business

By contrast, companies with strong basic analytics — such as sales data and market trends — make breakthroughs in complex and critical areas after layering in artificial intelligence. Structured data analytics. Finally, artificial intelligence systems can make more accurate forecasts based on disparate data sets.

Company 45
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

These could range from employee turnover, equipment malfunctions, or even seasonal variations in sales for businesses. “I was approached by a company to investigate why a very important project that should have taken one year actually took five years. Such insights lead to a reassessment of the benchmarks set for capacity.