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Archive » June 2012 » Leveraging on cost management to recover from economic downturn: a new structural approach to the topic

Leveraging on cost management to recover from economic downturn: a new structural approach to the topic

Domenico Lofano, Cristian Reginato, Fabrizio Sarrocco
June 2012 - n°6
Jel codes: G21, G31, M11

In order to bounce back to high levels of profitability banks should consider «cost culture» as a strategic element in their operating model.The best players will be able to intervene progressively, defining a new comprehensive, lean and efficient governance cost model, leading to strategic actions to reduce costs baseline and the integration of the Strategic Plan view in current operations

 

 

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