Deutsche Bank is the largest bank in Germany by total assets and employees. It operates as a universal bank with major operations in key financial centers. An analysis of Deutsche Bank using Porter's Five Forces model finds threats from new competitors, substitute products, and rivalry among existing firms to be key challenges. The bargaining power of customers and suppliers also presents risks due to industry concentration and buyer sensitivity to pricing.
Developing strategic operations in an organization is liable to develop effective regulative operations within the company and the output of such implementation can be assessed through its adoption in the market. Hence, the assignment has investigated assessing various areas of operational perspectives of Unilever. Therefore, finding the reason behind the success of the organization that is implicating on its services is the core focus of the assignment. Initiation of the assignment is focused on analyzing Unilever’s capabilities that relates to key success factors of the organization. proceeding through Unilever’s stakeholder integration, the cultural diversity in the organization is also aimed to be discussed within the assignment. Finally, the assignment has aimed in developing suggestions depending on the study that it will make through the course of discussion considering its effects on the growth of the company.
Developing strategic operations in an organization is liable to develop effective regulative operations within the company and the output of such implementation can be assessed through its adoption in the market. Hence, the assignment has investigated assessing various areas of operational perspectives of Unilever. Therefore, finding the reason behind the success of the organization that is implicating on its services is the core focus of the assignment. Initiation of the assignment is focused on analyzing Unilever’s capabilities that relates to key success factors of the organization. proceeding through Unilever’s stakeholder integration, the cultural diversity in the organization is also aimed to be discussed within the assignment. Finally, the assignment has aimed in developing suggestions depending on the study that it will make through the course of discussion considering its effects on the growth of the company.
Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...Boston Consulting Group
Now that China’s major online players have conquered the consumer space, they’re intent on, digitizing B2B industries and building platform-based businesses. China’s consumer internet is driving the development of the industrial internet, according to a new report by Boston Consulting Group (BCG), AliResearch and the Baidu Development Research Center. Comparing the development of China’s consumer internet and industrial internet with foreign markets for the first time, the report systematically reviews China’s internet players’ entrance into the industrial internet, revealing the unique digitalization path in China and its underlying causes.
This a case study review of a Harvard Business School:Procter & Gamble: Marketing Capabilities. Done under the Marketing internship of Prof Smaeer Mathur ( IIM L professor).
Management Information System In Amazon Inc.MD Tamal
A report on “Impact of Management Information System in Amazon Inc.” under the requirement of B.B.A program (Course Title: Management Information System), Department of Finance and Banking, University of Barisal || 2019
Strategy Recommendation for Lindt & SprüngliJohn Yannone
This is the paper I wrote for the capstone project while taking the UVA Darden Business Strategy Specialization program.
ABOUT BUSINESS STRATEGY SPECIALIZATION PROGRAM:
http://www.darden.virginia.edu/news/2015/darden-launches-business-strategy-specialization/
PwC’s Trends in People Analytics report highlights our recently published 2015 PwC Saratoga US benchmark data, as well as the implications for people analytics functions and key trends for consideration.
Artificial intelligence and machine learning (AI/ML) present us with novel and efficient ways to solve challenging and persistent problems, particularly when it comes to predictions. Retail, due to its fast moving, trend powered, and fluid nature coupled to an extended logistics chain, relies heavily on making smart predictions. As improvements in AI/ML over the last several years have proliferated, not only in performance advances but deployability, there are exciting openings for experimentation in many domains of the retail value chain
https://runfrictionless.com/b2b-white-paper-service/
Online survey of companies → Goal: Understanding the role of
artificial intelligence (AI) and machine learning across countries
and industries
• Evaluation: Which companies are active leaders in adopting or
piloting AI
Procter & Gamble is one of the fastest and largest growing consumer market.
Case Study examines journey of P&G for Light Duty liquid Detergents in various aspects like promotion and development.
Strategic analysis of unilever (USLP 2012-2013)Roukaya Issaoui
This paper provide a brief analysis of the competitive environment of Unilever then a strategic analysis of Unilever and it’s position in each industry.
When, Where & How AI Will Boost Federal Workforce Productivityaccenture
Accenture developed an economic model to understand how AI will impact the U.S. federal workforce, through automation and augmentation. Learn more: https://accntu.re/3hsRG8O
SUPPLY CHAIN FINANCE IN THE CONTEXT OF WORKING CAPITAL MANAGEMENTIgor Zax (Zaks)
Igor Zax, Managing Director of Tenzor Ltd., published a special report, Supply Chain Finance in the Context of Working Capital Management .
The report, published in conjunction with BCR Publishing, covers industry structure, risk management, financing and operational aspects, the way companies viewed the product, as well as trade offs between dynamic discounting and supply chain finance products.
Chinese Internet Economy White Paper 2.0 - Decoding the Chinese Internet 2.0:...Boston Consulting Group
Now that China’s major online players have conquered the consumer space, they’re intent on, digitizing B2B industries and building platform-based businesses. China’s consumer internet is driving the development of the industrial internet, according to a new report by Boston Consulting Group (BCG), AliResearch and the Baidu Development Research Center. Comparing the development of China’s consumer internet and industrial internet with foreign markets for the first time, the report systematically reviews China’s internet players’ entrance into the industrial internet, revealing the unique digitalization path in China and its underlying causes.
This a case study review of a Harvard Business School:Procter & Gamble: Marketing Capabilities. Done under the Marketing internship of Prof Smaeer Mathur ( IIM L professor).
Management Information System In Amazon Inc.MD Tamal
A report on “Impact of Management Information System in Amazon Inc.” under the requirement of B.B.A program (Course Title: Management Information System), Department of Finance and Banking, University of Barisal || 2019
Strategy Recommendation for Lindt & SprüngliJohn Yannone
This is the paper I wrote for the capstone project while taking the UVA Darden Business Strategy Specialization program.
ABOUT BUSINESS STRATEGY SPECIALIZATION PROGRAM:
http://www.darden.virginia.edu/news/2015/darden-launches-business-strategy-specialization/
PwC’s Trends in People Analytics report highlights our recently published 2015 PwC Saratoga US benchmark data, as well as the implications for people analytics functions and key trends for consideration.
Artificial intelligence and machine learning (AI/ML) present us with novel and efficient ways to solve challenging and persistent problems, particularly when it comes to predictions. Retail, due to its fast moving, trend powered, and fluid nature coupled to an extended logistics chain, relies heavily on making smart predictions. As improvements in AI/ML over the last several years have proliferated, not only in performance advances but deployability, there are exciting openings for experimentation in many domains of the retail value chain
https://runfrictionless.com/b2b-white-paper-service/
Online survey of companies → Goal: Understanding the role of
artificial intelligence (AI) and machine learning across countries
and industries
• Evaluation: Which companies are active leaders in adopting or
piloting AI
Procter & Gamble is one of the fastest and largest growing consumer market.
Case Study examines journey of P&G for Light Duty liquid Detergents in various aspects like promotion and development.
Strategic analysis of unilever (USLP 2012-2013)Roukaya Issaoui
This paper provide a brief analysis of the competitive environment of Unilever then a strategic analysis of Unilever and it’s position in each industry.
When, Where & How AI Will Boost Federal Workforce Productivityaccenture
Accenture developed an economic model to understand how AI will impact the U.S. federal workforce, through automation and augmentation. Learn more: https://accntu.re/3hsRG8O
SUPPLY CHAIN FINANCE IN THE CONTEXT OF WORKING CAPITAL MANAGEMENTIgor Zax (Zaks)
Igor Zax, Managing Director of Tenzor Ltd., published a special report, Supply Chain Finance in the Context of Working Capital Management .
The report, published in conjunction with BCR Publishing, covers industry structure, risk management, financing and operational aspects, the way companies viewed the product, as well as trade offs between dynamic discounting and supply chain finance products.
The Clairfield FinTech Market Study 2018 has shown: The German FinTech market is undergoing a transition period and consolidation initiatives are gaining importance! Which approaches are suitable for FinTechs, SMEs and Investors? Find out in the extensive analysis of our study.
Symmetrical Manifesto. How to disrupt banking?Piotr Smolen
Banking is one of the oldest and by far the biggest industry in a world. It is based on a set of wrong assumptions, including that you can differentiate financial products. It is not true, all the financial products in a world (credits, loans, mortgages, leasing, etc.) are homogeneous and should be completely commoditised. It didn't happen because of the architecture of the industry which uses information asymmetry to capture value in the center of the value chain. Who will disrupt banking?
Whitepaper: Why banks need to move if they want to own banking in the future.Stefan F. Dieffenbacher
1. Executive Summary
Driven by the top Internet players the speed of change in the financial services market is rapidly increasing. To secure their business and generate further growth these Internet players are forced to attack additional markets and the financial services market is one of them.
They will conquer the financial services market by
• utilizing their global customer base and advanced customer intelligence (data),
• by connecting today separated services to an eco system using technology and delivering advanced user experience
• and their ability to move fast.
Their entry point to the financial services market is the offering of payment services to their clients through the use of their mobile devices. Extending the functionality of wallets will challenge classical retail banking’s value proposition as these Internet companies can go far beyond classical value propositions.
Some traditional financial services companies already start to understand that the time for a change has come, as these developments will challenge their core business models in very few years. For the first time, this many large-scale companies are starting to invest in programs in large excess of €500m to become better in digital.
While huge investments are not a sufficient reaction to the challenges of the market, players that will not follow the trend will lose their current position in the next years.
Traditional bank’s service offering and channel mix needs to be further rethought and adapted, followed by a fast-paced execution to respond to today’s quickly emerging reality. Players who are not able to manifest their position in the digital channels soon will be challenged in their existence.
The strategic transition needs to be guided by a short-term tactical approach to seriously start earning money in digital. On top of the pure positive financial impact of such a tactical approach, achieving significant sales through a much stronger public website as well as data-driven up- and cross-selling measures will start a cultural shift within the bank. When executives and employees discover that suddenly the digital channels generate large amounts of money, a movement of change could be kicked off. That would be the basis to understand the urgency and the possibility to develop a guiding coalition – the start of any strong change process.
2. Introduction
We are convinced that banks needs to even further raise their attention to their Digital Channels and some necessary adoptions of their business models to stay long term successful. We have rationalized our analysis and proposed actions by a large body of research and facts, which provide deep evidence and insights in recent market evolutions.
To provide a complete picture we showcase recent alterations and transformations in diverse industries, highlight the changing face of the insurance industry and subsequently dive into an analysis of the banking industry. We cover w
Receivables Finance in the Context of Working Capital Management by Igor ZaxIgor Zax (Zaks)
Igor Zax, Managing Director of Tenzor Ltd, published a new article, Receivables Finance in Context of Working Capital Management in TRF News (Trade and receivable Finance News, a major publication by BCR).
Editorial comment states “Igor Zax’s article in today’s trfnews, ‘Receivables Finance in the Context of Working Capital Management’, reminds us of the value of looking back at the history of modern supply chains and how working capital management, and hence factoring and supply chain finance, has developed from this. It also reflects on the potential frailty and dangers that over exposure to some supply chain structures can bring.
On late payments he says: “just a couple of weeks delay on 30 day terms increases working capital consumption by one-and-a-half times.” I wonder how many factors use such direct terms in their advertising material. If they do not, perhaps they should consider it, particularly as the trend is for larger companies to use receivables finance, and it is those companies in particular that tend respond well to the use of such analytic sound bites.”
In all of its forms, risk management is rapidly growing in importance within the commodity asset class. It will only become even more critical and complex in the future. Driven by unprecedented levels of change in the industry ranging from geopolitics to carbon, effective risk management is shifting for many commodity firms from just another activity to be managed to a critical component of business strategy that helps drive and inform brand, gain financing and trust, and demonstrates proper controls.
The convergence of non-traditional rivals and heightened global regulation are creating new digital opportunities for banks. To seize the high ground, banks need to think like disruptors and apply modern digital tools, techniques and partnership strategies.
Week-1 Into to Money and Bankingand Basic Overview of U.S. Fin.docxalanfhall8953
Week-1 Into to Money and Banking
and Basic Overview of U.S. Financial System
Money and Banking Econ 311
Instructor: Thomas L. Thomas
Financial markets transfer funds from people who have excess available funds to people who have a shortage.
They promote grater economic efficiency by channeling funds from people who do not have a productive use for them to those who do.
Well functioning financial markets are a key factor in producing economic growth, where as, poor functioning financial markets are a major reason many countries in the world remain poor.
Financial Markets
A security or financial instrument is a claim on the issuer’s future income or assets.
A bond is a debt security (IOU) that promises to make payments periodically for a specified period of time.
The bond market is especially important economic activity because it enables businesses and the government to borrow and finance their activities and because it is where interest rates are determined.
An interest rate is the cost of borrowing money or the price to rent (use someone else’s) funds.
Because different interest rates tend to move in unison, economist frequently lump interest rates together and refer to the “interest rate”.
Interest rates are important on a number of levels:
High interest rates retard borrowing
High interest rates induce saving.
Lower interest rates induce borrowing
Lower Interest rates retard saving
Information Asymmetry and Information costs
Why Financial Intermediaries
In the neo-classical world economists have argued financial intermediaries are not necessary. Savers (investors) could manage their risks through diversification.
The logic rests on the perfect market assumption – that is investors can always through their own borrowing and lending compose their portfolios as they see fit, without costs. In such a world there are no bankruptcy costs.
In such a world if taken to the extreme, perfect and complete markets imply that there is no need for financial institutions to intermediate in the financial (capital markets) as every investor (saver) has complete information and can contract with the market at the same terms as banks. E.g. Information Asymmetry
Why Financial Intermediaries Bonds
A common stock (usually called stock) represents a share of ownership in a corporation.
It is usually a security that is a claim on the earnings and assets of the corporation.
Issuing stock and selling it to the public (called a public offering) is a way for corporations to raise the funds to finance their activities.
The stock market is the most widely followed financial market in almost every country that has one – that is why it is generally called the market – here “Wall Street.”
The stock market is also an important factor in business investment decisions, because the price of shares affects the amount of funds that can be raised by selling newly issued stock to finance investment spending. (Note impact examples..
Igor Zax, managing director of Tenzor Ltd, published a new article, Buyer Confirmed Receivables - Wider Market Implications , in the World Supply Chain Finance Report 2016, a major publication by BCR/Factorscan. The article is focused on use of buyer confirmed receivables across a variety of financing products, such as credit insurance, secularization, alternative fiance, distribution finance, as well as it's technological and strategic implications.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
2. Deutsche Bank
Deutsche Bank AG is the biggest bank by total
assets and number of employees in Germany.
The company, based in Frankfurt am Main,
operates as a universal bank and has major
operations in London, New York, Singapore and
Sydney.
With a market share of about 21 percent in
2008, it is considered the greatest currency
traders in the world.
Source: http://de.wikipedia.org/wiki/Deutsche_Bank
3. Deutsche Bank was founded on 10 March 1870
in Berlin
Website: www.deutsche-bank.de
Business Data in 2013
Balance sheet total: EUR 1,611.4 billion
98,254 employees (end of 2013)
Management
Board: Anshu Jain and Jürgen Fitschen
(Chairman)
Supervisory: Paul Achleitner (Chairman)
Source: http://de.wikipedia.org/wiki/Deutsche_Bank
5. Porter's Five Forces is the classic model of
strategic management.
The model provides a useful start for analyzing
the external environment and providing a
crucial set of inputs for strategic development
and implementation.
It builds up on the information gathered and it
will discuss what key challenges of an
organization is facing, the significance of these
challenges and how they might be overcome.
Source:
http://www.weltbild.de/3/17415388-1/ebook/strategic-analysis-deutsche-bank.html
http://www.manager-wiki.com/externe-analyse/22-branchenstrukturanalyse-qfive-forcesq-nach-porter
6. “Awareness of the five forces can help a
company understand the structure of its
industry and stake out a position that is more
profitable and less vulnerable to attack”
(Porter, 1979).
Porter’s Five Forces determine the strength
of the industry, competition and profitability
prospects. Companies must be flexible to
respond quickly to competition and market
changes and they can beat their competitors
only if they can establish a difference that
they can maintain.
Source: http://www.sanasecurities.com/porters-five-force-analysis
8. Bargaining Power of Customers
Buyer concentration to firm concentration ratio: Bank industry is a high
buyer concentration industry, many people use bank service, such as
deposit money, mortgage, loan, investment, insurance and currency
exchange.
When Internet becomes changing people’s life, customer can easily
obtain information through Internet, they can easily compare the price
and service.
Buyer price sensitivity: Interest Rate and service charge is a sensitive
indicator for customer in bank industry, customer may due to those
indicators to draw out all or a lot amount of capital from bank to
bank/other financial institution.
The German banking sector is developing from a seller's to a buyer's
market. The highly fragmented banking sector leads to strong
competition between institutions. Market transparency is greatly
increased by the Internet. The increased confidence of customers and
their improved knowledge of our products and services strengthen the
position of customers.
Source:
http://www.studymode.com/essays/Porter-5-Forces-Analysis-557940.html
http://www.wsm-in-banken.de/index.php/loesungen/kapitel-1
9. Bargaining Power of Suppliers
Bank capital supplier: Depositors are also capital supplier of
bank, they will compare with other financial product to see
whether they can draw out capital or not.
A far greater bargaining power has some effects to the
employees of banks and suppliers in the field of information and
communication technology (e.g. Bloomberg).
The more specialized suppliers, the greater the dependence of a
company.
the greater the delivery to a company, the greater the power of
suppliers.
the smaller the market/competition for the supplier's products,
the greater the power of suppliers.
Source:
http://www.studymode.com/essays/Porter-5-Forces-Analysis-557940.html
http://www.wsm-in-banken.de/index.php/loesungen/kapitel-1
10. Threat of New Competitors
A particular threat especially in the German banking
market are the banks and the online discount brokers,
passing through favorable terms due to leaner structures,
highly standardized products and lack of consulting
services in the market and are a competition with the
established banks.
the greater the economies of scale in production, the
lower the risk, since new entrants must wear either very
large or very high cost sales risks.
the stronger the regulatory authorities, the lower the risk.
the higher the barriers to entry (capital requirements), the
lower the risk.
Source: http://www.wsm-in-banken.de/index.php/loesungen/kapitel-1
11. Threat of Subtitute Products
the simpler the product, the higher the threat of substitute
products.
in the banking industry: risk substitution by plant products of
insurance companies, corporate loans, which are taken
directly from the capital market funds and certificates by
specialized companies.
Largest threat of substitution are not from rival banks but
from non-financial competitors, investors, and small co-operative
banks and borrowing avenues.
No real threat of substitute as far as deposits or withdrawals,
however insurances, mutual funds, and fixed income
securities offered by non-banking companies.
Source:
http://de.slideshare.net/SanjayKumbhar/porters-five-force-strategy-for-banking-industry
http://www.wsm-in-banken.de/index.php/loesungen/kapitel-1
12. Rivalry Among Existing Firms
In banking market, it often experiences exit barriers due to sunk costs.
Moreover, especially in Germany, there is strong competition for the
rigid, structured in three columns banking market, which is increasingly
located in the consolidation and facing the entry of other competitors
from other European countries.
Important action parameter of competition are price, quality and
innovation, which are used to distinguish the competitor's products and
offer added value to the customers.
many providers, or a few companies with the same market power
characterize the market.
Capacity expansion is greatly useful (economies of scale), since shifts
between supply and demand can only be compensated by price
reactions or reduction of the bid amount.
Source: http://www.wsm-in-banken.de/index.php/loesungen/kapitel-1
13. Value Chain Diagram of Deutsche
Bank
Source: http://is2.lse.ac.uk/asp/aspecis/20040088.pdf
14. The value chain is used to identify activities that
are core capabilities and sources of competitive
advantage as well as activities that are non-core
activities (Lamarque, 1999, 141).
Originally Porter (1985) developed a value chain to
define the different areas of value creation in the
producer goods industry. The value activities
defined by Porter for the producer goods industry
are not fully transferable to the banking industry as
the industrial value generation differs from the
production process of a bank (Canals, 1993, 197-
206; Lamarque; 1999).
The banking business is customer driven and
therefore the banking value chain starts from the
market side.
Source: http://is2.lse.ac.uk/asp/aspecis/20040088.pdf
15. The value process starts with advertising a newly
developed product or service to the market.
Secondly, the product/service is sold to customers,
e.g. the credit contract will be signed by the
customer.
In a third step the product will be provided to the
customer, e.g. the credit amount is paid to the
account of the customer.
Finally the corresponding transactions, like
payments, clearing & settlement transactions etc.
will be processed.
Source: http://is2.lse.ac.uk/asp/aspecis/20040088.pdf
16. Hamoir et al. (2002) and Steffens (2002) reflect this
process by differentiating the primary activities into
distribution, products and transactions/infrastructure.
The distribution part of the banking value chain consists of
marketing and sales activities.
The products part consist of funding, investment and
services.
Transaction/infrastructure of banking value consists of
payment, trading, clearing & settlement, and custody.
These primary activities are enabled by the supporting
activities infrastructure, technology and human resources
(Canals, 1993, 199; Porter, 1985). Additionally to these
three supporting activities, risk management plays a vital
role in banking and has to be added (Lamarque, 1999).
Source: http://is2.lse.ac.uk/asp/aspecis/20040088.pdf