article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as retail banking, wholesale banking, and wealth management can vary between different banks. For the sake of simplicity, we will present the information in a consolidated manner.

Banking 88
article thumbnail

Personalized Recommendation Engines Are Coming to Health Care

Harvard Business

In the past decade, consumers have shifted from worrying about sharing personal financial information when shopping on the internet to embracing online retailers’ recommendations for them. That is because the best online retailers offer customers a curated and highly personalized shopping experience. No strategy is static.

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 Physicians Can Keep Up with the Knowledge Explosion in Medicine

Harvard Business

This will help doctors make better decisions based on up-to-date knowledge in a time efficient manner. Build a learning medical information ecosystem. Through better connectivity, information technology is improving the practice of medicine as never before. The path forward is clear.

article thumbnail

Why Hospitals Need Better Data Science

Harvard Business

And second, hospitals today face the same cost and revenue pressure that retail, transportation, and airlines have faced for years. Analytics-driven software that can determining the most efficient order of ED activities, dramatically reducing patient wait times.

Data 28
article thumbnail

Oliver Wyman interview preparation: the inside story

Management Consulted

Communications, Media, and Technology. Retail and Consumer Products. Retail and Business Banking. Strategic Information Technology and Operations. This focus on efficiency is a major defining characteristic of the high-performance culture at Oliver Wyman. Health and Life Sciences. Industrial Products.

article thumbnail

FinTech Is Weaving Charitable Giving into Everyday Transactions

Harvard Business

In the financial services sector, innovative payment technologies, which have fundamentally transformed the way we transact, are bringing new speed and convenience to charitable giving — enabling people to give back to their communities as easily as they can tap for an Uber ride.

article thumbnail

A Tool for Balancing Your Company’s Digital Investments

Harvard Business

A retailer’s point of sale (POS) system falls into that category. Support investments are those that improve business efficiency and management effectiveness but, in themselves, do not sustain the business or provide any competitive advantage. They are essentially R&D investments in unproven ways to use digital technologies.

Tools 28