FINANCIAL Industry
The Heart of the Global Economy
The Financial Services Industry stands at the very heart of the global economy. Without the Financial Services Industry other critical industries could not finance current operations, develop new products or support global customer transactions. While companies providing financial services are crucial to the success of other industries, they themselves face many challenges of their own. The onset of global growth and interconnectivity has not only impacted the customers of financial service providers, it has also increased global competition for financial services companies. As global competition increases so does cost competitiveness for products and services.
What’s The Problem?
Expanding domestic and global complexity has resulted in significant increases in domestic and international regulatory requirements. The ability of financial services firms to provide reliable and innovative solutions to customers in the face of these changing regulatory standards has become very dependent on the ability of these firms to adapt to rapidly changing technological trends. Maintaining reliable systems in the face of this rapid pace of technological change is another challenge faced by the industry.
What’s The Solution?
The Lean Six Sigma toolkit has many tools to help financial services clients as they pursue global growth goals. Tools such as process mapping, value chain analysis, identification and elimination of waste, product concept ideation and product simplification provide client companies with important techniques to define and develop optimized products and processes tailored for diverse market requirements while maintaining world class quality. Prioritization tools such as Quality Function Deployment (QFD) and Cause and Effects (C&E) Analysis are used by business leaders and product developers as they seek to deploy resources on the highest value-added opportunities for the business.
Lean Six Sigma tools allow businesses in the financial services industry to address the needs of their customers using detailed, data driven analysis and design. SBTI has successfully deployed the LSS methodology in support of financial services clients as well as customers using the products of firms in the financial services industry.
How Can We Help?
Understanding complex systems to drive improvement is SBTI’s special skill.
Listen
Understanding your company culture and challenges
Design
Developing solutions based on your business objectives
Execute
Delivering results and building change agents
Let's Talk
Companies We’ve Helped
Professionals Trusted by Top Companies Around the Globe
Jennifer Dahl
COO
Bob Jeske
Vice President
Al Landers
Vice President
George Strodtbeck
Vice President
Jim Longshore
Vice President
Insight
To Kaizen or Not to Kaizen, That is The Question.
I know Shakespeare really wasn’t talking about Lean or Lean Sigma, but he was right about the difficulty of decisions. It’s especially true of organizations that are fully engaged in continuous improvement or operational excellence. What’s the best approach to getting...
Management By Buzzword…
Transformation…agile…innovation…breakthrough…growth hacking…blah, blah, blah. All words used by management to tell people of the company that BIG changes are coming. What’s left out are words like…resources…time consuming… difficult…complicated. The main reason only...
When You Do Private Equity Well
It’s clear to me when you do private equity well, you’re making companies more efficient and helping them grow and become more profitable. That success means our investors – such as public pension funds – benefit, which contributes to the economic wealth of...