Conclusion: Synergistic Banking

Joseph A. DiVanna

Chapter Chapter 5 in The Future of Retail Banking, 2004, pp 165-173 from Palgrave Macmillan

Abstract: Abstract This book has identified a number of opportunities for organizations engaged in providing retail banking services to prepare for the future. The future is not about doing any one specific thing; rather it is about doing many things right at varying times. The challenge for retail bankers is to balance continually the resources of the firm with the opportunities presented by the marketplace. From a theoretical perspective, resource balancing sounds easy. However, in reality, maintaining a judicious balance is extremely difficult, not because resources are limited, but because market conditions are changing at a dynamic rate, which means that sometimes products must be abandoned before their full return on investment is realized. These conditions create a new problem for bankers, that is, to understand the relationship between the product’s life cycle and the waxing and waning of consumer and SME demand.

Date: 2004
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50956-6_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230509566

DOI: 10.1057/9780230509566_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().