Flat World
Maximize Globalization
What we are witnessing today is the emergence of a new and qualitatively higher level of globalization. Trends like the opening up of emerging economiesRead
Maximize Innovation
In a world where service is increasingly seen as a hygiene factor, where new players and new products emerge seemingly out of nowhere, and where commoditization of products is the order of the dayRead
Maximize Diversity
Emergence of several new customer segments across the world is creating tremendous opportunity for banks to grow rapidly and gain new market share. While old loyalties are fast dying, new ones are being created.Read
Maximize Agility
Every dimension of a bank’s business today demands an unprecedented shift in speed and agility.Read
Minimize Cost
The flattening of the world is throwing multiple opportunities for banks to dramatically reinvent their operating model leading to reduced complexity, greater standardization and lower cost.Read
Minimize Risk
The Flat World context brings with it a host of risks; from risks on the compliance front with a growing host of regulationsRead
Minimize Cost
The flattening of the world is throwing multiple opportunities for banks to dramatically
reinvent their operating model leading to reduced complexity, greater standardization
and lower cost. It’s also an imperative for survival and success in the Flat World
Technology is one of the key enablers in this regard and is opening up a whole new set
of possibilities.
Global sourcing, product factories, global or regional processing hubs and process
standardization are some of the other strategies banks are adopting to flatten their
organizations and create a lean operating model.
Process orchestration through enterprise business process management technologies
is another key strategy banks adopt to achieve a greater degree of automation and
straight-through-processing leading to higher productivity, streamlined operations and
lower costs.
We believe that a simplified and optimized operating model leveraging technology will
enable banks to compete in the Flat World by being the China Price in a global environment.
Six Key Enablers
