transformations

How Swiss private banks can reignite growth

Swiss private banks have been on the defensive for a decade. We think the time has come to go on offense through commercially-driven transformation. By focusing on their strengths, and partnering for their non-core activities, Swiss private banks have a real opportunity to maximize value and grow again.
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How collaboration with FinTechs could generate value for private banks

The FinTech revolution offers private banks the unprecedented opportunity to benefit from digital technologies, innovate and transform their business. Banks taking up the challenge of collaboration – with FinTechs as well as other strategic partners – stand a good chance of finding the way forward.
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What if procurement’s future is at the center of power?

The procurement function is under intense pressure to transform. Consequently there is a discussion about whether it will exist at all in 20 years, or if its tasks will be performed by algorithms and networked machines. If procurement is to survive, it must be reinvented – future-proofed. Is procurement destined to be the center of power or ruled by machines?
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The 5 most challenging trends for Swiss private bankers

10 percent of private banks did not survive 2015. KPMG’s joint study with the University of St. Gallen finds that many banks’ efforts to adapt their business and operating models to the new environment have proven insufficient. Despite trying to turn around their performances, many banks face a stark reality - they can’t survive.
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Will procurement as we know it exist in the future?

Digitization is expected to have a strong impact on procurement as we know it today. The old paradigm of cost reduction and cost efficiency is drawing to a close – placing procurement professionals on the threshold of change. But what comes next?
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CEO Outlook: Transformation capacity as a strategic success factor

Half of the 50 CEOs interviewed in Switzerland (of 1,200 CEOs interviewed worldwide) stated that they are planning major transformations in their respective companies in the next three years. Today’s transformation is a continuous flow of incremental steps, which allows for quick adjustments and corrections, speed to market and measurement.
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