Insights from The Lab

Cost Cutting in Banking

Category: Cost Cutting in Banking


Cut Banking Costs Now: COVID-19 New Normal Edition “Big Rock” 1 of 3: The retail branch network

Cut Banking Costs Now: COVID-19 “New Normal” Edition “Big Rock” 1 of 3: The retail branch network A guide for addressing the “perfect storm” of adverse market conditions confronting banks now—and preparing for a forever-changed, volatile future. The banking industry is reeling amid an onslaught of unprecedented challenges, with the coronavirus pandemic the final gut-punch …

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Lean principles in insurance and banking

Lean Principles in Banking – Commercial Lending Operations Transformation in Without New Technology

This case study of a recent lean initiative implemented by The Lab Consulting concerns the commercial and small-business lending businesses of a Top 5 Canadian bank. The newest 2020 retail bank cost cutting post, methodology, and case study can be found here: Cut Banking Costs Now: Achieve “The New Normal” for Productivity “Big Rock” 1 …

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Improvements from Start-to-Finish

Since opening its doors in 1993, The Lab has helped some of the best companies in the world become even better.