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

How Future-Proof Are Your Leadership Skills?

Organizational Talent Consulting

Evidence suggests that, on average, 35% of internally promoted executives fail, and direct reports spend 10-20% of their time helping a new leader transition. According to a study by McKinsey & Company, it is projected that by 2030, the time spent during a workweek on information technology and programming tasks will increase the most.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. Retail Sales Cost-Cutting, Competition, and Cannibalization Numerous retailers are cutting employees. Both manufacturing blue-collar jobs and most white-collar jobs have become global.

Banking 78
article thumbnail

How Physicians Can Keep Up with the Knowledge Explosion in Medicine

Harvard Business

But it is simply unrealistic for a doctor — or any human being — to stay abreast of that much information, much less be able to recall accurately the relevant information on demand. As the Institute of Medicine highlighted in a 2012 report , this gap in knowledge contributes to variation in care and suboptimal outcome.

article thumbnail

How the EMR Is Increasing Innovation and Creativity in Health Care

Harvard Business

Every day, online retailers use computer-based transactions to guide us through stepwise sequences to buy a pair of jeans, apply for a credit card, or book a flight. Information technology has come late to health care delivery. Electronic medical records can help correct these systemic defects. medical practices.

article thumbnail

BearingPoint Interview Preparation – Mystery or History?

Management Consulted

This allowed for more severe penalties for fraudulent financial activity and required top level management to individually certify the accuracy of all financial reporting. In May 2004, BearingPoint reported a valuation decline of 61%. Information Technology. public company boards, management and public accounting firms.

article thumbnail

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business

According to these global measures, we are all headed into negative territory—likely because technology shrinks the goods we purchase, their required inputs, the time it takes to make them, and the place and space required to deliver them. But when you take a closer look, a customer surplus is emerging.