Two approaches are possible to improve the operational efficiency of an organization.
The first consists of optimizing the existing processes individually and establishing a continuous improvement loop within each team. This method certainly allows productivity gains in the short term but they remain limited.
The second is to systematically rethink the organization and activities of a business. The overhaul of the operational model is a long and strategic transformation project, but the potential benefits in terms of productivity gains can be very significant.
In an era when private banks are seeking to restore their margins on a lasting basis, the overhaul of the operating model may prove essential.
Périclès Group has developed, in addition to its cutting-edge business expertise, expertise in defining target operational models in complex environments.