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

Domenico Lofano, Cristian Reginato and Fabrizio Sarrocco
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Domenico Lofano: Accenture
Cristian Reginato: Accenture
Fabrizio Sarrocco: Accenture

BANCARIA, 2012, vol. 06, 84-89

Abstract: 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

JEL-codes: G21 G31 M11 (search for similar items in EconPapers)
Date: 2012
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