Bank Efficiency Improvements: Proven Approaches to Raising Personnel Productivity

Recorded: March 2, 2010

Speaker: Larry Hutt

Duration: 60 minutes

Price: $249 / $199 for Affiliation Members

As plans are being made for 2010 and beyond, now is the time for bankers to reprioritize capital investments, reappraise commitment of current resources and take action. You need to eliminate the least worthwhile of your business portfolios to improve cost/income performance. For prudent senior executives, now is the time for action!

For the last decade, a great degree of consolidation occurred in the financial services industry, but assumed efficiency gains have not fully materialized. The limited improvements that have been seen in a few productivity metrics have been totally offset by an inability to maintain revenue levels. Revenues will not likely make a strong recovery so your best opportunity in that arena is to slow a steady decline. You need to focus more attention and investments on reducing operating costs at least commensurate with the revenue decline to avoid further erosion in profitability. Your institution probably has a great deal of untapped potential that can help you achieve higher levels of staff productivity. Larry Hutt will provide a compelling presentation based on his industry research and client engagements to discuss how banks can overcome this challenge. He will provide comprehensive metrics supporting where and why the inefficiencies are occurring.

He also will address four proven approaches to improve your bank’s personnel efficiency to secure its future. These four approaches to improving productivity coupled with new technologies merge to foster improvements across the full spectrum of banking operations:

1. Process improvement
2. Staff capacity forecasting
3. Management reporting
4. Change management

Benefits to attendees:

• Receive a complete perspective and outlook on how the financial services industry has declined in efficiencies based on key industry data
• Receive details on four proven approaches to improve your bank’s efficiency
• Determine where to focus attention and investments on reducing operating costs to avoid further erosion in profitability, as well as what new technologies will help enable further improvements across the board.

Continuing Professional Education Credit

Delivery Method: Group Internet-based       CPE Credits: 1
Program Level: Overview       Prerequisites: None       Advance Preparation: None

 

Sheshunoff Consulting + Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasbatools.com.

 

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