By LID Publishing
19 OCTOBER 2020 – LID announces the signing of a new and timely book on the financial services and banking industry.
Written by two leading consultants and thinkers from international consultancy firm Arthur D. Little – Ignacio Garcia Alves is Global CEO and Philippe de Backer is Managing Partner and Global Practice Leader Financial Services – the book Disruption provides a critical understanding of the impact of the current economic crisis and the current industrial revolution on financial services, the new trends in the sector, and the opportunities for banks to leverage their unique assets and pre-empt challengers from gaining meaningful market share.
One of the worst recessions for the past 100 years, businesses failing, a revolution in technology, increasing financial constraints, compliance stifling the ability to be nimble, changing consumer behaviour, and a market driving your products towards commoditization – this is the perfect storm facing the banking industry.
As Philippe de Backer says
“The need to transform is obvious to all executives, but the real challenge is how to find the right balance between short-term requirements and the imperative of long-term transformation?”
This balancing act is what the authors call the “ambidextrous approach”, which requires focus on two strategic initiatives: performance and innovation.
Martin Liu, Publisher of LID comments:
“For all leaders and senior managers in the financial services sector, quite simply, this will be an important and valuable book for managing the future of their companies and careers.”
DISRUPTION by Ignacio Garcia Alves and Philippe de Backer will be published in Spring 2021 and will be one of LID’s highlight titles of the season.
For publicity enquiries, please contact Francesca Stainer, Communications Manager (firstname.lastname@example.org)
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